Home Purchase or Refinance Loans
We offer so many different loan programs that are tailored for just about every situations and could qualify you for a home purchase loan or refinance in more ways than you may have even realized. There are way too many
programs to mention here, but a brief information on some popular programs are provided here as a starting point.
You are encouraged to contact us and speak to our seasoned loan officer – mortgage advisor to get a full advantage of information so you can make the most in your mortgage financing that benefit you the most. Your Loan Advisor will also guide you in making the right decision in selecting the loan program that fit your specific situation.
Conventional loans
Traditional fixed-rate with monthly principal and interest payments which never change during the loan’s lifetime.
Adjustable (ARM) 3/1, 5/1, 7/1 or 10/1 . To decide which program is best for you, visit the Types of Loans page for complete information.
5-10 Financed properties
W-2 Transcripts
Up to 97% Loan to Value for Owner Occupied
Income documentation
FHA Financing
Purchase loan programs
Streamline Refinance – No Costs*
Minimum 600 Fico
Up to 96.5% LTV purchase transaction
USE VOD instead of 2 months of bank statements
CHDAP – (Down Payment Assistant) Program.
ACCESS
MCC
Gifts are acceptable for 100% of downpayment and closing costs
VA Financing
100 % Financing – Zero Down payment
Streamline Interest Rate Reduction Refinance (IRRRL) – No Cost*
620 FICO Score
Reverse Mortgage Program
If you’re 62 or older and want money to pay off your mortgage, supplement your income, or pay for healthcare expenses you may consider a reverse mortgage. It allows you to convert part of the equity in your home into cash without having to sell your home or pay additional monthly bills.
Investments
Conventional financing up to 10 properties
2nd home and non-owner occupied residences
Purchase 1 unit =85% LTV
Purchase 2-4 unit =75% LTV
Home Path Confirming
97% Financing
No Appraisal
No Mortgage Insurance
So many more programs…
FHA Streamline – minimal documentation
Rate & Term Refinance – Fast and easy
Cash Out – with Equity up to 75% Loan to Value
Debt Consolidation – with Equity up to 75% Loan to Value
Home Improvement
VA IRRRL
JUMBO – 90% No Mortgage Insurance up to $750,000, Up to $5 Million, Aggressive rates
HUD Back to Work – 620 FICO, 15 & 30 Year Fixed Purchase, Manual underwrite