The 30 year fixed rate mortgage mortgage is still the loan program that most people think of when thinking mortgage loan. The 30 year fixed offers a good balance between low rates, low monthly payments, and the ability to pay off the loan principal in a reasonable length of time. While still a great option for many people who are about to purchase or refinance, you absolutely need to examine your particular circumstances and the wide variety of loan programs before deciding on a particular loan. If you know you are going to be in your home for less than 5 to 7 years, there are a number of programs that can save you a significant amount of money every month.

This is a new product that has significant advantages for purchases and refinances. By streching the loan over 40 years rather than 30, 20, or 15, you can dramatically reduce your monthly payments. This makes qualifying easier for first time home buyers and makes a larger home more affordable. The downside of this program is that you will pay more interest over the life of the loan. If you thought you couldn't afford the monthly mortgage payment, this may be the answer for you. This is a great program for first time homebuyers trying to get into that first home. For young people that are likely to have much greater earnings later in life, it is important to remember that you can always refinance into a different loan program later as your financial status improves

This is possibly the most versatile adjustable rate loan in the marketplace. If you have an income that fluctuates from month to month, or if your financial needs vary on a monthly basis, this loan lets you decide how large you want your house payment to be for any given month. This loan is really three different loans rolled into one. You make your monthly payment either as a traditional adjustable rate loan, an interest only loan, or a negative amoritization loan. The best part of it is, every month you choose which type of loan you want it to be. With the traditional adjustable rate, your payments cover the monthly interest charge and a part of the principal. The interest only loan is just that. You are paying off only the interest due, but none of the loan principal.

We offer a wide variety of programs for a primary purchase and can even offer 5% financing on a second home for qualified borrowers.  Loan approval comes fast and easy with the latest technology, some within an hour.  Payment terms can be structured to the borrowers’ particular needs that include 30, 20, 15 and 10 year fixed rates, ARM’s, and many balloon programs

Our Company has programs for borrowers who wish to keep their first mortgage in place and use their equity for debt consolidations, purchase other properties, or home improvements, etc..  Some programs allow up to 100% combined (1st and 2nd mortgage loans) to appraised value.  No closing cost HELOC’s are also available

Now you can qualify for a new mortgage based on your mortgage payment history only - installment/revolving credit is not an issue.

3% down payment with no geographic or income restrictions.  The down payment can be a gift, grant or can come from an employer.  Debt ratio is based on your overall profile.  The interest rate is a conventional conforming fixed rate.

Our Company offers financing to self-employed borrowers or special situation individuals who choose or cannot provide income for qualification.  We will accept income that is stated up to 85% of the appraised value.

We offer several no down payment programs such as the Rural Housing Service Loan that increases the number of loans in rural communities.  We also have a 100% program for borrowers that have good credit and employment histories, but have no money down for their down payment.  In some cases, the closing costs can be included in the loan amount and there is no mortgage insurance.

Many programs are available to reduce your present mortgage interest rate with little or no "out-of-pocket" cash.  We will use up to 100% of the appraised value of your property for some programs.  You can use the equity in your home for home improvements, college tuition, debt consolidation, the purchase of a boat or car or for "emergency" cash savings.

Our Company offers purchase, cash-out and debt consolidation programs to borrowers that have slow credit, high ratio borrowers, or properties that do not conform to Fannie Mae guidelines. Typically these loans carry a higher interest rate and more money down.

We offer many programs to the investment buyer that wants to put the least amount down.  Typically these programs differ from a conforming loan in that a slightly higher interest rate is charged.  A down payment of 30% is needed to qualify for conforming rates.

This program was designed to assist moderate income first time home buyers.  The program allows more flexibility to help borrowers qualify.  The borrower is required to complete a Home Buyer Education Course that we offer at no charge and can be completed at home.

This program allows qualified borrowers with 2% of their own money to purchase a new home at the lowest possible conforming interest rates.  This program is actually a 95% loan, where the additional 3% can come from a gift, grant, or unsecured loan.  This is a great program for first time home buyers.

The negative amoritization option means that you are making a payment that is actually paying down only a part of the interest due for the month and none of the principal. The part of the interest that is not paid is added to the balance of the loan, so your loan amount actually increases when you exercise this option. While nobody really wants their loan principal to increase, on a month when you are really low on funds, the negative amortization option gives you the choice to make a really low monthly payment.