TYPES OF MORTGAGES

The mortgage industry is in a constant state of change.
New loan programs surface daily.

Be sure to contact us for the most appropriate solution to your scenario.

100% financing -- ("Zero Down")
It's true. There are several no money down programs available. We'll be happy to explain the details. Credit must be good but not necessarily perfect.

80/20
A variation of the 100% loan. A first mortgage for 80% of the purchase price plus a second mortgage for the remaining 20%. Again, "No money down!"

Conventional
5% down minimum, good credit and 2 years in the same line of work necessary. Automated underwriting is available. Best available interest rates for fixed rate loans

3/1, 5/1, 7/1 ARMS
Fixed rates for a prescribed period of time. Savvy buyers know that there's no reason to lock into a 30 year fixed when you do not intend to keep the loan long term. Great savings are possible. Let's compare!

Jumbos
Loan amounts larger than $275,000 are a speciality of ours

Non-conforming Loans
For any number of reasons a loan may not fit the underwriting requirements of conventional or conforming lenders. Not-to-worry. We have options for almost anyone.

Niche Loans
Speciality loans for unusual situations. We have over 80 different lenders many with unique loan programs that can be tailored to your needs

Downpayment Assistance Programs
These programs will "gift" a prospective home buyer money to be used as a down payment or to pay off debt. They are perfectly legal and comply with standard underwriting guidelines. Ask us for more information about getting this money for you.