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| 100% Loan |
| Cash-out Refinances |
| Rate/term Refinances |
| No income Verification Loans |
| Second home Purchases |
| Investment Properties |
| Construction & One time closings |
| Lot Loans |
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100% Loan
We offer 100% loans with no MI for primary homes & second homes. We have this available for fixed rates & Int only options. Primary Homes can be 100% LTV with a score as low as 580. Second homes require a higher score.
Term: 30 years
Maximum Amount: $400,000
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Cash-out Refinances
We offer cash-out refinances for primary homes, second homes & investment property. We can go up to 90% LTV in some cases with no mortgage insurance. We can offer this product with a fixed rate, adj rate option or an int only option.
Term: 30 years
Maximum Amount: $400,000
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Rate/term Refinances
We offer this product under any of our programs. This product can be used to increase or decrease a term. We have 10, 15,20,25, & 30 year terms available. Or it can be used to decrease a rate. If you are just needing your payment lowered, sometimes going from a principal & interest payout to an int only option is a great way to go.
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No income Verification Loans
This one is by far our most popular item. We offer this in conjuction with primary homes, second homes, & investment property. This is typically most appealing to our self-employed borrower who does not wish to give us a copy of the tax return. All we do in this case is verify through a CPA, or an independent 3rd party that you have been self-employed & filed returns for at least 2 years. We can do this product under a fixed rate, adj rate, or int only. We also have the ability to do this at a 100% LTV. ( With a high credit score)
You do not have to be self-employed to go under this program.
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Second home Purchases
This is another popular program, we do offer this with a 100% option. The best rate is available with at least 5% down. We handle rural properties & log homes, We offer fixed rates, adj rates & int only. A lot of lenders offer this product but not for rural or log homes.
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Investment Properties
It is becoming more & more popular to invest in rental & investment property in this area. We do offer a variety of programs for type of purchase. We do offer this with as little as 5% down. You can go under the fixed rate or Int only program.
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Construction & One time closings
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Lot Loans
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Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $417,000 for the contiguous states, District of Columbia, and Puerto Rico or below $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $359,650 with closing costs of $7,193. Jumbo Loans (whose maximum loan amount exceed $417,000 for the contiguous states, District of Columbia, and Puerto Rico or exceed $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $1,000,000 with closing costs of $20,000. Your actual APR may be different depending upon these factors.
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