Fixed Rate Loans
-
30-, 25-, 20-, 15- and 10-year terms are all available with fixed rate.
-
Buy a home with as little as 3% down (primary home).
-
Refinance up to 95% of your primary home's value.
-
Monthly payments remain the same for the entire loan term.
Adjustable Rate Loans
-
3/1, 5/1, and 7/1 ARM's. Monthly payments based on a 30 year repayment schedule.
-
The rate stays fixed for the first 3, 5, or 7 years (depending on chosen term), and then adjusting annually thereafter.
FHA Loans
-
3.50% minimum down payment required on purchase.
-
Minimum credit score usually 620.
-
Post-bankruptcy qualifying - 2 years after.
-
Post-foreclosure qualifying - 3 years after.
VA Loans
-
Competitive interest rates that are routinely lower than conventional rates.
-
Sellers can pay up to 6 percent of closing costs and concessions.
-
Higher allowable debt-to-income ratios than for many other loans.
-
Down payment as low as 0%.
USDA Loans
-
100% financing for homes in rural areas.
-
Available to low and moderate income households.
-
Minimum credit score 620
-
First time and repeat home buyers.
-
Gift Funds and Seller Contributions allowed to cover ALL or part of closing costs.
Jumbo Loans
-
For loan amounts over the current Conforming loan limit.
-
Up to 95% LTV on purchases
-
Loans up to $3,500,000
-
660 minimum score.
-
Available on owner-occupied, 2nd homes, and investment properties.
Bank Statement Loans
-
Great for Self-Employed, 1099 employee and ‘Gig-economy’ workers.
-
2 month, 12 month, and 24 month bank statement options.
-
Up to 90% LTV available for home purchase and rate and term refinance.
-
Up to 85% LTV available for cash-out refinance.
Investment Property Loans
-
Up to 85% LTV available for Investment Property purchase.
-
Non-Income Verification/Stated and No-Ratio options available for simpler loan approvals.
-
Property Types: SFR, Townhouse, Condo, Condotel, 2-4 Unit, 5-8 Unit, and Care Facilities allowed.
-
Purchase, Refinance, and Cash-out Refinance.
No Score & Limited Credit Loans
-
No Credit Score and/or No Credit accounts on credit report is allowed for U.S. Citizens, Permanent Residents, Immigrants with SS# or ITIN#, with or without Work VISA, and Foreign National’s.
-
1 score co-borrowers allowed on FHA and Conventional loans.