 |
||
|
We Have the Right Mortgage Loan For You! |
||
Conventional
95% Cash-Out Refinance
|
|---|
We Have the Right Mortgage Loan For You!
FHA Fixed Rate
FHA Adjustable Rate
FHA 1% Advantage FHA Adjustable Rate
FHA 1% AdvantageFNMA Fixed Rate
FNMA Adjustable Rate
FNMA Community Home Buyer
FNMA 7 Year Balloon
FNMA 3yr, 5yr, 7yr, 10yr Fixed RateConventional 103%
Conventional Self-Employed
Conventional Seller Advantage
Conventional 95% Cash-Out Refinance
FEATURES BENEFITS Higher Ratios Allows more borrowers to qualify 3% Down Payment Minimal cash outlay Buydown Option Available Ability to qualify for more home Fixed Rate Easy budgeting Financed MIP Lowers closing close Assumable No rate increase
Buyer must qualify
FEATURES BENEFITS Higher Ratios Allows more borrowers to qualify 3% Down Payment Minimal cash outlay Lower Initial Payment Rate Ability to qualify for more home Financed MIP Lower out of pocket expenses Assumable Can help in sale of home if buyers qualify Ability to make unscheduled principal reductions and have it impact payments Can possibly reduce payments at next interest rate adjustment
FEATURES BENEFITS 1% Down Payment Can be gift funds or cash reserves Zero Closing Costs Can be paid by seller or lender No Income Limitations Regular FHA guidelines No 2nd Mortgage or Recapture 99% LTV - No strings attached
FEATURES BENEFITS 100% Financing No cash needed at closing for down payment Fixed Interest Rate and P&I Payment Fixed interest rate and no M.I. Assumable Allows qualified purchaser to assume loan, aid in sale of home No Prepayment Penalty Allows early payoff at no additional cost
FEATURES BENEFITS Up to 97% LTV Minimal cash outlay Non-Owner occupied loans on up to 4 family dwellings Can be utilized by investors Buydown Options Ability to qualify for more homes Fixed Rate Easy budgeting Trailing Spouse/Relocations Loans Ability for relocating borrowers to qualify prior to spouse obtaining employment in the new location 15-20-30 Year Term Allows for earlier pay off, less interest paid
FEATURES BENEFITS Low Down Payment Option Borrower can move in with only 3% of own funds Homebuyer Education Eliminates the fear and mystery of homeownership Higher Ratio Borrower can qualify for larger loan No Cash Reserve Requirements Borrower can obtain high ratio loan with less cash assets Grants and loans from Non-Profit Organizations Cash poor buyers can get gifts or specific loans, for 2% option and closing cost Fixed Rate Easy budgeting Up to 97% LTV Minimal cash outlay Larger loan amounts available than FHA Higher priced property can be financed
FEATURES BENEFITS Lower initial payment rate mortgage Allows more buyers to qualify. Ability to qualify for more home Variety of rate/point options Options to suit buyer's current needs and future financial plans Second Home Allowed Makes program available to a wide range of borrowers Refinancing up to 90% LTV High LTV makes refinancing recently acquired home easier Ability to make unscheduled principal reductions and have it impact payments. Can possibly reduce payments at next interest rate adjustment
FEATURES BENEFITS Lower initial rate than a fixed rate mortgage Ability to qualify for more home / larger loan Rate fixed for 7 years Ideal for relocation employee
More payment certainty than an ARMLarger loan amounts available than FHA Higher priced property can be financed Buydown Options Can qualify more buyers. Sell to builders Trailing Spouse / Relocation Loans Ability for relocating borrowers to qualify prior to spouse obtaining employment in the new location Up to 95% LTV Minimal cash outlay
FEATURES BENEFITS Low Down Payment Options Move in with little or no cash Initial Fixed Rate Period Easy budgeting with no increases Lower Interest Rate Than Fixed Keeps monthly payment low Flexible Financing Options Ideal for corporate relocation
FEATURES BENEFITS Zero Down Payment Zero out of pocket expense Financed Closing Costs Roll in up to 3% costs Expanded Income/Debt Ratios Buy more home! Loans to $500,000 Higher purchase price
FEATURES BENEFITS Up to 100% LTV Minimal closing costs Stated Income Minimal paperwork No Documentation No qualifying hassle Loans to $500,000 By more home
FEATURES BENEFITS Move Into New Home Without Selling Existing Residence Great for new construction or slow resale market 5% Down Payment on New Home Low cash out of pocket No Bridge Loan or 2nd Mortgage Save on closing costs Maximize Purchase Power Qualify without using current house payment No Refinance Necessary When old Home Sells New mortgage balance when former residence sells
Conventional 95% Cash-Out Refinance
FEATURES BENEFITS Maximum Cash-Out Available Utilize home equity for needs, pay bills, vacation Expanded Debt/Income Ratios Easier to qualify for the maximum loan Loans to $500,000 Higher value properties
FEATURES BENEFITS Loans Up to $1,000,000 Purchase or refinance Fixed Rate Options 15/20/25/30 year terms Fixed Term Options 3yr, 5yr, 7yr, 10yr fixed adjustable rate Options 6mo/1yr treasury, libor, cofi
