We offer a variety of products to meet your financial goals
Conventional
A traditional mortgage is a type of mortgage loan where a lender provides funds to a borrower to purchase a property or refinance a mortgage. In exchange, the borrower agrees to repay the loan, plus interest, over a set period. As the borrower makes payments, the amount owed on the loan decreases and the equity in the property increases.
Reverse
This product allows eligible homeowners, typically seniors aged 62 and older (or 55 and older in certain states), to refinance their home, converting home equity into cash with optional monthly mortgage payments. It may be an excellent option if you are looking to supplement retirement income, manage unexpected expenses including healthcare needs, home repairs and improvements, or just increase cashflow to be able to do the things you love! Loan amounts can go up to $4m for those that qualify, depending on the state the property is located in.
• Optional Monthly Mortgage Payments!*
• Cash Out for health care, bills, home improvement or anything you desire.
• Age in place.
*Borrowers MUST make Property Tax and Homeowners
Insurance payments or risk foreclosure.
FHA
• Loan to Value (LTV) of 96.5% – 100% Gift Allowed
• Purchase, Refinances, Cash Out
• Chenoa and other Down Payment Assistance (DPA) Programs Available
• Minimum Score of 580 with underwriting approval
• Seller Paid 2/1 Buydown Available
Zero Down Payment
• Grant or 2nd Loan which covers your down payment and closing costs.
• 600 FICO credit score Allowed (Chenoa, Golden State Finance Authority (GSFA) requires 640 FICO credit score).
• Does not have to be a first-time home buyer.
Heloc
A Home Equity Line of Credit (HELOC) allows homeowners to tap into their home equity as needed, providing a flexible and revolving credit line for various expenses such as home repairs and improvements, education, or other major purchases.
Jumbo
• Loan to Value (LTV) up to 89.99% – Loan Amounts to 3M for those that qualify.
• Maximum Cash Out is $500k.
• 660 FICO credit score.
• Interest Only Available.
Military Veterans
The VA loan program is a robust mortgage loan program. Did you know a VA loan provides qualified veterans the ability to purchase a home with no down payment? Other loan programs require small down payments, and are subject to mortgage insurance (MI). Please call us today to speak with a mortgage loan originator and obtain a Loan Estimate. We will provide you with information on your credit score if you authorize us to pull your credit and, if you qualify, pre-approval documentation so that you can quickly go shopping for a new home with confidence.
Self Employed Mortgages
Self-employed non-QM (Non-Qualified Mortgage) loans are mortgage products designed specifically for individuals who may not meet the strict income and documentation requirements of traditional mortgages.
Self-employed non-QM loans provide a valuable financing solution for self-employed individuals seeking to purchase or refinance a home.
With flexible income verification, expanded underwriting criteria, and credit flexibility, non-QM loans offer a pathway to homeownership for those who may not qualify for traditional mortgages.
Key Features To Consider:
• Flexible Income Verification: Utilize alternative documents like bank statements and profit-and-loss statements to verify income.
• Asset-Based Underwriting: Consider assets such as savings, investments, and retirement accounts for loan approval.
• Expanded Debt-to-Income (DTI) Ratios: Accommodate the higher expenses typically associated with self-employment.
• Alternative Documentation Options: Choose from various documentation programs tailored to self-employed borrowers.
Alternative Financing
• Loan to Value (LTV) up to 90% – Loan Amounts to 4M.
• Cash Out Amounts to 3M for those that qualify – 70% LTV.
• Full Documents and 12 or 24 Month Bank Statement.
• Can Also Qualify with P&L, 1099, Asset Depletion.
• Minimum 620 FICO credit score.
• ITIN Borrowers Allowed.
• Interest Only Available.
• Non-Warrantable & Condotels Allowed.
