A Qualified Mortgage is a class of mortgages that meet certain borrower standards.
Fixed-rate mortgages maintain the same interest rate, for predictable monthly payments for the life of the loan
Popular with first-time home buyers because of lower down payment and credit score requirements, an FHA loan is backed by the Federal Housing Administration.
A VA loan is zero down payment option issued by private lenders to Veterans, Service members and family to become homeowners.
A USDA home loan is a zero down payment mortgage for eligible rural homebuyers & homeowners. Designed to help improve the economy and quality of rural America.
Loans that can help make a home ownership more affordable are the Affordable Loan Solution mortgage and the Freddie Mac Home Possible mortgage.
Conventional loans work best for investment properties, which is a property you plan to sell, rent, or flip, but not live in.
If you want to buy a home to fix up. or want to improve, upgrade, repair or renovate your current home then the 203(k) rehab loan is your best choice.
Jumbo loans are high loans with low down payment and usually come with competitive interest rates.
A Non-Qualified Mortgage is a home loan designed to help homeowners who can’t meet the strict criteria of a qualifying mortgage.
A Bank Statement Program is a great loan option for self-employed borrowers to buy or refinance a home.
If you are self employed another mortgage option would be the 1099 Income Loan which relies exclusively on the borrowers 1099 income.
This program allows for cash flow on a property to be used to qualify for a mortgage loan.
This mortgage allows homebuyers to use their assets to qualify for a loan.
Loan option for borrowers outside the United States to finance homes here, which usually carry a higher interest rate than normal loans.
Borrowers can save money at the onset of a mortgage by opting for the Interest Only loan, principal is to be repaid at a specific date.
Profit and loss statement offers a way of showing the net income of a business by taking into account it’s revenue and offsetting expenses.
Speak to a Loan Specialist today (305) 590-3971