Loan Programs

As a direct lender we offer loan programs from over 30 institutions and pride ourselves on the availability of the right loan program. Using state of the art analysis and search tools, we identify the best mortgage options for your specific circumstances from the following:

Conventional Fannie Mae/Freddie Mac Fixed Mortgages

Ideal in times of very low interest rates for clients who plan to stay in their current home for 5 to 7 years of longer. Fixed rates are available on 15,20,30 & 40 year terms.

Fixed Period Adjustable Rate (Fannie Mae/Freddie Mac)

Ideal for clients who will likely need to sell or refinance within 5 to 7 years. Programs are fixed for a 5 or 7 year term at very low rate with a 30 year amortization schedule. At the end of the fixed term, rates adjust to current market rates based on the terms of the loan. Programs available in 3,5,7 and 10 year fixed rate terms. (Typically referred to as 3/1, 5/1, 7/1, 10/1 ARMs.)

FHA

Offered to clients who have little equity in the property and / or a limited amount of cash to put down. (Down payment requirements as low as 3.5%) Unlike other conventional forms of financing, your down payment may be a gift or loan from a family member. These are government sponsored programs and typically offer some of the best rates available in the market and low cost mortgage insurance.

VA

Available only to those who have served in the military and are eligible for a VA loan guarantee. Another government sponsored offering designed to make housing affordable with attractive rates and terms. VA loans offer 100% financing options with NO mortgage insurance.

Jumbo Mortgages

Jumbo rates apply to higher loan amounts also referred to as nonconforming. Clients can not qualify for conventional financing if the required loan amount exceeds $417,000. Loan programs with fixed or variable interest rates are available. This category requires more expertise on the part of the mortgage professional to find aggressively priced products with favorable terms.

Investment Property

Any non owner occupied property is considered investment by a lender. Qualification, down payment options and loan programs are different than standard conforming mortgage loans. We welcome the opportunity to help you grow this segment of your portfolio.

Second Home

You are allowed only one primary residence. If you own or are seeking additional properties which you do not intend to rent, they are categorized as second homes . Often a great investment and a tax benefit.

Reverse Mortgages

A unique category of offerings that can be an important piece of a retirement strategy. Based on your age and the amount of equity in your home, a reverse mortgage can eliminate your monthly mortgage payment, provide a lump sum of cash, a monthly income stream, a credit line with no payment or a combination.

The right loan program will help you manage your overall wealth and more importantly, one of your largest single assets, your home. We look forward to answering all your questions and assisting your purchase or refinance decision.