|
|
|
|
 |
 |
|
| |
| My Community No Money Down |
| No Mortgage payment for 6 months |
| No Private Mortgage Insurance Mortgage |
| Jumbo 30 Yr |
| No Income No asset Verification |
| VA-Armed Forces 30 Yr fx |
| Credit challenged Mortgage Program |
| Small Commercial Mortgage |
| Special Mortgage Program: Teachers, police officers, fire fighters, and Health care workers |
| Lot land loans |
| Construction builder mortgage program |
|
My Community No Money Down
This no money down program is only allowed for owner occupied properties. Gifts funds can be from relatives, employer, and non-profit organizations. Properties under this program are single family, condo,townhome, and 2 unit apartment building.
Term: 30 years
|
 |
No Mortgage payment for 6 months
Seller is allowed to pay borrower's principle and interest payment for up to 6 months. Great savings for the buyer. Property types allowed under this program are, single family, condo, and townhome.
Term: 30 years
Maximum Amount: $417,000
|
|
No Private Mortgage Insurance Mortgage
20% Down payment allowes the borrower to waive private mortgage insurance which can save the average borrower aproximately $50 to a $150 per month on there monthly mortgage payment.
Term: 30 years
Maximum Amount: $417,000
|
|
Jumbo 30 Yr
Jumbo mortgages above $417,000. Special low rates available.
Term: 30 years
Maximum Amount: $1,000,000
|
|
No Income No asset Verification
30 Yr program. No income or asset verified. Property types; Single family, Townhomes, and Condo.
Term: 30 years
Maximum Amount: $1,000,000
|
|
VA-Armed Forces 30 Yr fx
Governement sponsored mortgage program. Zero Down payment. 100% Gift allowed. No money reserves required, and marginal credit acceptable. Property types; single family, condo, or townhomes. Multi-unit rental properties maxium 4 units. Restrictions apply.
Term: 30 years
Maximum Amount: $240,000
|
|
Credit challenged Mortgage Program
30 Yr Conventional. Fresh start mortgage program designed to help borrowers with poor credit refinance or purchase a home. Credit collections, judgements, and bankruptcy acceptable. Restrictions apply.
Term: 30 years
Maximum Amount: $417,000
|
|
Small Commercial Mortgage
FAST AND EASY COMMERCIAL MORTGAGE. Loan amounts $100k to 1.5 Million. 90 CLTV%. 15-30 Year ammortization. No Tax returns, No income verification, No BANK statements, no funds to close verification. Middle Fico +600.Multi-unit 5+. Mixed use, retail, offices, warehouses, and gas stations.
97 LTV, 3% down payment. $100K to 1.5 Million. Fico middles scores +580. Full Documentation. Multi-unit +5. Mixed use, retail, offices, warehouses, and gas stations.
Term: 20 years
Maximum Amount: $1,500,000
|
|
Special Mortgage Program: Teachers, police officers, fire fighters, and Health care workers
30 Yr conforming. 7/1 ARMS. Owner occupied only. Down payment: Borrower 1% or $500. Balance of 2% contirbution from seller, gift, employer funds or borrwers funds. Property types: single family, condo, and town homes.
Term: 30 years
Maximum Amount: $417,000
|
|
Lot land loans
Lot land loans from $10,000 to $500,000. 10% down payment or more on developed land. 20% down payment or more on spot lots. Full Doc or Stated income. Maximum 10 acres. No prepayment penalty. 1Yr Prime or 3-5 Yr Fixed interest only available. No private mortgage insurance. No Insurance and tax escrows reguired.
|
|
Construction builder mortgage program
Construction loans available for new home construction. Your builder does not have to be approved with us. Builder can acguire a 10% advance for the work not yet completed. Long term borrower rate lock guarantee. Full documentation or stated income programs. Lock the construction loan for up to 18 months. If property values increases during the construction phase, updated appraised value can be used to close the loan.
|
|
|
Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $417,000 for the contiguous states, District of Columbia, and Puerto Rico or below $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $417,000 with closing costs of $1,810. Jumbo Loans (whose maximum loan amount exceed $417,000 for the contiguous states, District of Columbia, and Puerto Rico or exceed $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $418,000 with closing costs of $1,810. Your actual APR may be different depending upon these factors.
|
|
|
|
|
|