|
| |
| Conventional |
| FHA |
| VA |
| Construction Loans |
| Sonyma |
| Rehab Loans |
| Alternative Credit Loans |
| No Income Verification Loans |
| Home Equity Loans And Lines |
| Commercial Loans |
|
Conventional
Conforming fixed and adjustable rate loan programs that meet Fannie Mae and Freddie Mac guidelines. These loans offer an array of options to the consumer, including higher loan limits, 100% financing options, interest only features, and a wide range of loan terms. With all that these loans have to offer, they're a great choice for many borrowers!
|
 |
FHA
FHA- Federal Housing Administration. Government insured loans that afford buyers to purchase homes with minimal investment out of pocket. Allows for seller contributions, to even further reduce the cost to the buyer. FHA is more lenient on credit issues, therefore making financing available to those with good to moderate credit, or no credit at all. FHA loans also offer excellent refinancing packages as well. These loans are a great way to finance for many borrowers in today's market!
|
|
VA
VA-Veteran's Administration. Loans specifically created for veterans and reservists. Allows the veteran to purchase a home with 100% financing; therefore allowing for little to no money into the transaction. Lower monthly payments compared to FHA or conventional loans. Great benefit to those who serve our country!
|
|
Construction Loans
Loans used to finance the interim stages of construction. Acceptable disbursement schedules arranged throughout the construction to allow consumers to have their contractors paid as the building is being completed. These loans are generally taken out simultaneously with the end mortgage.
|
|
Sonyma
SONYMA-State of New York Mortgage Association. These loans are designed to enable buyers to purchase homes with affordable homeownership opportunities. Generally the program offers a variety of low interest rate options for first time home buyers. Some restrictions may apply, including income and purchase price requirements; please consult with one of our loan counselors to see if you're eligible for this great opportunity!
|
|
Rehab Loans
Loans to incorporate the actual cost of rehabilitation to a home. This enables a consumer to finance the cost of improvements rather than use their cash on hand to complete the home renovations.
|
|
Alternative Credit Loans
Financing that allows consumers with less than perfect credit to qualify for home financing. These products offer a variety of fixed and adjustable loan options which can help consumers with home purchases, home improvements or debt consolidation. These programs work well for those hard to solve financing concerns!
|
|
No Income Verification Loans
Ideal for the self-employed with good credit, loans where borrowers agree to put down 10 to 30% equity in exchange for reduced documentation requirements.
|
|
Home Equity Loans And Lines
Home Equity loans/lines of credit are secured liens against a property allowing borrowers to increase their borrowing power without having to refinance their existing first mortgages. Home Equity products are available in both fixed and adjustable rates and offer a variety of terms. These loans are great for debt consolidation, home improvements/renovations and other investments!
|
|
Commercial Loans
|
|
|
|