FHA Mortgages

FHA loans allow credit scores as low as 500.  They are only available for your primary residence  A 3.5% down payment is needed. You can purchase a 1-4 unit building or a condo or townhouse. FHA loans include a 1.75% up front fee and monthly mortgage insurance. FHA Loans can be assumed by others.

Conventional

Conventional loans require a credit score of 620.  They can be used to purchase primary residences, investment properties, or second/vacation homes. Minimum down payments are 3% to 5%.  If you are putting down less than 20% there is low-cost mortgage insurance. Loans cannot be assumed by others.

VA Loans

Active duty military, veterans, and their spouses are eligible for special loans with ZERO down payment and don't require mortgage insurance. No minimum credit score. VA loans can only be used for primary residences including 1-4 unit homes, condo and townhomes.  There is a fee of 1.25% to 3.3% that is included in the loan

Cash-Out 

We have more than 100 different programs to get you money from your home. These include cash-out refinances, 2nd mortgages, HELOC's (Home Equity Line of Credit), HELOANS (Home Equity Loans), and Reverse Mortgages.  You don't have to have an existing mortgage to do a refinance. FHA, VA & Conventional and other programs are available

$0 Down / DPA

We offer more than 15 down payment assistant programs to assist with down payments and closing costs. Some are grants that are free, and others are loans that are repaid with your mortgage payment. Most DPA programs are for FHA loans, but there are programs for Conventional loans as well.  They may only be used for primary residences (1-4 units homes, condos, or townhomes)

Jumbo Loan

For loans that are greater than the limits allowed for FHA, VA, USDA and & conventional mortgages. Jumbo Mortgages require at least 10% down.  Jumbo loans start at $766k.  Some of our lenders don't require mortgage insurance. Jumbo loans sometimes require "reserves" which means additional money you have to show you have  available beyond your down payment and closing costs.

DSCR Loans

DSCR mortgages use the rents that an investment property generates, without the need for personal income documents.  DSCR loans usually require at least 20% down. DSCR stands for Debt Service Coverage Ratio which compares monthly rents to the monthly cost for the mortgage, insurance, and property taxes  

HELOC

Home Equity Lines of Credit let you access cash while keeping your primary mortgage which may have a low interest rate.  HELOC's let you access the equity as you need it and the cash can be used for any purpose.  Interest rates are typically higher than mortgages. HELOC's usually have adjustable rates, but fixed rate programs are available.

Rental Properties

Loans for investors who want to purchase properties to rent to others.  Both conventional and NON-QM loans to help you qualify and start flowing cash.  Available for homes, condo's, and townhomes as well as multi-unit properties. We have lenders for both 1-4 family units as well as 5+ unit apartment buildings

Fix and Flip

Special short-term loans with low payments that provide cash for both the home purchase and the renovation costs. Available for both new and experienced investors. 

Commercial Loans

Commercial loans for offices, commercial buildings, mixed-use, large residential complexes, malls, or any other purpose. We also have loans to purchase existing businesses or to start your own.  0% Down option for business older than 2 years and 10% down for others.

Reverse Mortgages

Eliminate your monthly mortgage payment while getting cash and a line of credit.  Available to people 62 years and older.  You keep ownership of your home until you leave it.  You maintain equity and can leave the home to your heirs.  Homeowner is still responsible for insurance and taxes and upkeep of the property.

ITIN & Foreigners

We have loans for people living or working in the United States with a valid ITIN number.  ITIN loans require at least 10% down.  We also have loans for foreign nationals who live in other countries.

Bank Statement

When your income may not be  documented on a W-2, you can qualify using your bank statements.  We also have programs to qualify just using your 1099 form.

Asset Based Loans

For borrowers with substantial assets such as checking, savings, 401k, investment accounts.  No income documentation required. Perfect for people who aren't working or have hard to document income.

USDA & Farm Loans

USDA 0% down mortgages, and loans for farms, rural areas, and more.