FHA Loans

FHA loans are backed by the Federal Housing Administration providing looser guidelines than conventional loans making home ownership possible for more Americans.

     Some benefits of FHA Loans are:

• Low down payments
• Flexible credit score and debt to income ratio qualifications
• Easier to qualify for

Conventional Loans

Conventional loans are backed by Fannie Mae and Freddie Mac. Conventional loans are the most common loan used when buying residential real estate.

Some benefits of Conventional Loans are:

• Low down payments
• Low closing costs
• Special benefits for first time home buyers

VA Loans

VA loans are backed by The Department of Veteran Affairs. VA loans are great options for those that served our country.

     Some benefits of VA Loans are:

• 0% down payment option
• No private mortgage insurance required
• Larger loan amounts available

NON-QM Loans

NON-QM loans are usually backed by institutional lenders. NON - QM loans provide outside of the box loan options to borrowers looking to get a mortgage.

Some benefits of NON-QM Loans are:

• Loan options available for self-employed using bank statements as income or profit & loss only
• Loan options available for investors not using income or employment to qualify
• Loan options available for foreign nationals or borrowers with an ITIN
• Loan options available that qualify the borrower based on their assets not income

Jumbo Loans

Jumbo loans are usually backed by institutional lenders. Jumbo loans allow borrowers to obtain a larger loan amount than is available for conventional financing.

  Some benefits of Jumbo Loans are:

• Larger loan amounts
• Low rates
• Interest only option available

Rehabilitation Loans

Rehabilitation loans are available for conventional, FHA, VA and jumbo financing. These loans allow borrowers the option to finance the cost of rehabilitation and repairs.

Some benefits of Rehabilitation Loans are:

• Can customize your home
• Can finance the cost of repairs and rehabilitation
• Can add a pool to an existing home

USDA Loans

USDA loans are backed by the U.S. Department of Agriculture. USDA loans are loans that promote home ownership in rural areas.

    Some benefits of USDA Loans are:

• 0% down payment option
• No mortgage insurance required
• Flexible guidelines

Bridge Loans

Bridge loans are usually backed by private or institutional lenders. Bridge loans are used as short-term financing usually with a 1-3 year term.

   Some benefits of Bridge Loans are:

• Less paperwork
• Close in as little as 7 days
• Flexible guidelines
  
  
  

*All loans subject to underwriter review and approval, other conditions will apply*