Loan Programs

Fixed Rate Mortgages (FRM)
The most common type of loan option, the traditional fixed-rate mortgage includes monthly principal and interest payments which never change during the loan’s lifetime.

ALTERNATIVE DOCS   
Self-employed and wage earners, No 4506-T or tax returns required,  80% LTV to $1MM with 720 FICO,  640 FICO on Primary Purchases & R/T - 55% LTV to $1,000,000
100% gift funds allowed on primary and 2nd Home,   • 15 & 30 year fixed rate plus 7/1 ARM and 7/1 ARM with interest only option Available for Foreign National borrowers

MORE OPTIONS FOR FOREIGN NATIONALS 
Allow Foreign Nationals to purchase or refinance Second Homes & Investment Properties easier. Borrower is not required to have SSN or Credit Score. -  Fixed and ARM products available -  Second Home & Investment • SFR, PUD, Condo and 2-4 units -  Purchase -  Cash Out -  Salaried- VOE only -  Self-employed – YTD P&L -  Gift funds allowed

INVESTMENT PROGRAM
Designed for the experienced real estate investor who is purchasing or refinancing investment properties which he or she plans to hold for business purposes. Max 80% LTV - 720 FICO on Purchase or R/T Refinance ,  Business funds allowed if borrower is 100% owner of business and bank account - Eligible borrowers include U. S. Citizens, Permanent & Non-permanent Resident Aliens, and Foreign Nationals (with proof of lawful permanent residency)

ITIN PRODUCT HIGHLIGHTS
Primary Residence, Second Home & Investment Property  -   Credit score not required - No Social Security Number required -  First time homebuyers are eligible -  Gift funds allowed

Adjustable Rate Mortgages (ARM)
Adjustable-rate mortgages include interest payments which shift during the loan’s term, depending on current market conditions. Typically, these loans carry a fixed-interest rate for a set period of time before adjusting.

FHA Loans
FHA home loans are mortgages which are insured by the Federal Housing Administration (FHA), allowing borrowers to get low mortgage rates with a minimal down payment.

VA Loans
VA loans are mortgages guaranteed by the Department of Veteran Affairs. These loans offer military veterans exceptional benefits, including low interest rates and no down payment requirement. This program was designed to help military veterans realize the American dream of home ownership.

Interest Only Mortgages
Interest only mortgages are home loans in which borrowers make monthly payments solely toward the interest accruing on the loan, rather than the principle, for a specified period of time.

Reverse Mortgages
Reverse Mortgages allow senior homeowners to convert a portion of their home equity into cash while still living in the home.

What kind of loan program is best for you?
Should you get a fixed-rate or adjustable rate mortgage? A conventional loan or a government loan? Deciding which mortgage product is best for you will depend largely on your unique circumstances, and there is no one correct answer.