Fixed Rate Loans
30-, 25-, 20-, 15- and 10-year terms are all available with fixed rate.
Buy a home with as little as 5% 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.
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.
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%.
Loan amounts up to $3M.
Low interest rates for qualifying borrowers.
Purchase, refinance, cash-out refinance may be available. Conventional, FHA, and Federal VA loans may be available. A minimum credit score of 680 may be accepted. Mfg. home must be double wide or larger situated on its own lot or land. Taxed as real estate. Please contact us for additional information.
Non-Conforming Bank Statement Program
12/24 Month Bank Statements (Personal or Business).
Most Property Types Accepted.
Gift Funds Allowed.
LTV up to 85%.
Investor Fix & Flip
Loan Amount: $50,000 to $1,000,000
Loan-to-Value (As-Is Value): Up to 80%
Fixed rate, interest only Interest Payments: Monthly or zero payments until maturity (borrower's choice)