Loan Programs

An FHA loan is a government-backed mortgage insured by the Federal Housing Administration (FHA). FHA home loans are designed to help first-time homebuyers and borrowers with lower credit scores qualify with more flexible guidelines and lower down payment requirements than conventional loans.

With as little as 3.5% down, FHA loans make homeownership more accessible while offering competitive interest rates and predictable monthly payments.

If you don’t qualify for a conventional loan, FHA loans may be the right solution. FHA loans are ideal for borrowers with lower credit scores, limited savings for a down payment, or higher debt-to-income ratios.

FHA financing is available to first-time homebuyers, repeat buyers, and borrowers actively rebuilding their credit, thanks to flexible qualification guidelines.

A VA loan is a $0-down mortgage option issued by private lenders and partially backed, or guaranteed, by the Department of Veterans Affairs (VA). Eligible borrowers can use a VA loan to purchase a property as their primary residence or refinance an existing mortgage.

A direct and VA-backed Veterans home loans can help Veterans, service members, and their survivors to buy, build, improve, or refinance a home. You’ll still need to have the required credit and income for the loan amount you want to borrow. But a Veterans home loan may offer better terms than traditional loan. For example, nearly 90% of VA-backed loans are made with no down payment.

To learn more about VA loans call (866) 649-0179 

VA Loans offer unique benefits to eligible veterans and active duty servicemen and women who are looking for:

An interest-only mortgage is when you only pay interest the first several years of the loan, making your monthly payments lower when you first start making mortgage payments.

• If you’re interested in keeping your month-to-month housing costs low, an interest-only loan may be a good option. Common candidates for an interest-only mortgage are people who aren’t looking to own a home for the long-term — they may be frequent movers or are purchasing the home as a short-term investment.

• If you’re looking to buy a second home, you may want to consider an interest-only loan. Some people buy a second home and eventually turn it into their primary home. Making payments towards just the interest may be convenient if you aren’t permanently living in the home yet.

To learn more about Interest only loans call (866) 649-0179 

• The initial monthly payments are usually lower.
• May help you afford a pricier home.
• Can be paid off faster than a conventional loan.
• Possible increase to your cash flow.
• Rates may be lower.
• Custom loan options.

A no income verification mortgage is often referred to as a no doc mortgage as the name implies, this type of loan does not require the lender to verify how much you earn, and is sometimes called NINJ mortgages, which stands for no income, no job. and it’s a loan that’s above the conventional loan limits.

We don’t have to confirm a borrower’s income like tax returns and recent pay stubs like traditional mortgages. The programs are available for single-family residential housing (regular houses, townhomes, and condominiums).  Multi-unit, vacant land, and commercial properties are not eligible

To learn more about No Income Verification loans call (866) 649-0179 

• Doesn’t require the borrower to provide documentation of income.
• No Statement or Verification of income is required.
• Low amount of paperwork.
• The debt-to-Income Ratio does not factor into underwriting guidelines.
• No Prepayment Penalty.
• Rate and Term and Cash-Out Refinance options are available.

• A reverse mortgage is a type of loan that allows homeowners ages 62 and older who typically have a minimum 50% equity in your home, to borrow part of their home’s equity as tax-free income. Unlike a regular mortgage in which the homeowner makes payments to the lender, with a reverse mortgage, the lender pays the homeowner.

• Reverse Mortgage enable seniors to access a portion of their home equity without having to pay a monthly mortgage payment. Reverse Mortgage allows home owners pay bills and expenses during retirement or pay off other obligations that can prove an immense help and an alleviation of financial worry. Borrowers are responsible for paying property taxes, homeowner’s insurance, and for home maintenance.

To learn more about Reverse Mortgage loans call (866) 649-0179 

• Allows the homeowner to stay in the home.
• Can pay off existing mortgages on the home.
• Easy to qualify for.
• No minimum credit score and generally no income requirements.
• No monthly mortgage payments are required.
• The homeowner receives payments on flexible terms.
• A reverse mortgage cannot get “upside down”.
• Heirs inherit the home and keep any remaining equity.
• Loan proceeds are not taxable.
• Lower interest rate than traditional mortgages.

A HELOC is a line of credit that allows you to borrow money as needed with a variable interest rate, while a home equity loan is a lump sum that is disbursed upfront and paid back in fixed installments.

• Have at least 15 percent to 20 percent equity.
• Have a credit score in the mid-600s.
• Have a debt-to-income ratio of 43 percent or lower.
• Have sufficient income.
• Have a reliable payment history.

To learn more about HELOC or HELOAN call (866) 649-0179 

• You could qualify for a low APR.
• Interest might be tax-deductible.
• You can borrow only what you need.
• Flexible repayment options.
• Potential to raise your credit score.
• Few restrictions on how you use the funds.
• Home as collateral.
• Variable interest rate.

Flexible options for loan amounts that exceed conforming loan amounts and product guidelines. Benefit from low rates, competitive closing costs, and our streamlined approach on a customized Non-Conventional Loan.

Non-conventional loans may be the right solution when looking for:

• Expanded guidelines and enhanced options
• Tailored mortgage solutions for unique financial situations
• Customized Portfolio Loans and Interest-Only Mortgages

To learn more about Non-QM loans call (866) 649-0179 

• Jumbo and Super Jumbo loan amounts of up to $30 million or more
• Flexibility to choose either a fixed-rate or an adjustable-rate mortgage (ARM)
• Personalization for complex financial situations
• Financing for non-owner occupied properties

A construction loan is a short-term loan that covers only the costs of custom home building. This type of loan is short-term and is usually issued for a year. It’s meant to cover only the actual construction period. This is different from a mortgage, and it’s considered specialty financing. Once the home is built, the prospective occupant must apply for a mortgage to pay for the completed home.

Construction loans let future homeowners borrow money to purchase materials and pay for labor necessary to build a home. You also can often use this money to purchase the land you’re building on. If you already own the land, you may be able to use the property as collateral for your loan.

To learn more about Construction loans call (866) 649-0179 

Construction-to-permanent loans are a financing option that prospective custom home builders can apply for. Like construction-only, construction-to-permanent financing are one-time loans that fund construction and then convert into a permanent mortgage. During the construction phase, borrowers make interest-only payments.

A hard money loan is a short-term, non-conforming loan for commercial or investment properties, that doesn’t come from traditional lenders, but rather people or private companies that accept property or an asset as collateral.

Commercial borrowers may turn to hard money loans after having a loan or mortgage application denied, or to avoid the lengthy process of getting approved for a loan through traditional means.

Like a traditional mortgage, a hard money loan is a secured loan, guaranteed by the property it’s being used to purchase. The “hard” part of “hard money” refers to the tangible asset being used to back the value of the loan.

To learn more about Hard Money loans call (866) 649-0179 

Unlike traditional mortgages or other types of secured loans, hard money loans come with a fast and typically less stringent approval process, making them ideal if a purchase needs to happen fairly quickly. With a mortgage, it often takes more than a month, from application to close, to purchase a property. With hard money loans, it’s possible to close in just a few days.