Loan Programs
The Right Loan Program For You
For the majority of our clients, the purchase of a home is your largest investment. Utilizing a unique personalized approach we offer a variety of programs. Our extensive lender network provides the best solutions for each client’s individual needs. Diverse programs for first time buyers, individuals, families, self-employed, non-traditional and entrepreneurial borrowers, Jumbo and FHA/VA as well as refinancing and HELOC options.
Additional loan programs include Construction Lending, Commercial, Multi-Family/Apartment, Bridge Loans, and Reverse Mortgages. Our added services can help clients with Title Information, Appraisal Services, Credit Information, Research and Credit Cleaning.
Our team’s knowledge & experience creates mortgage solutions that work for you. We focus on the end goal, the big picture, beyond the numbers, to provide financing for every borrower’s unique needs.
Fixed Rate Loans
A fixed rate loan offers an interest rate that doesn’t fluctuate, where principal and interest payments remain the same for the duration of the loan. Fixed-rate loans are reliable options for borrowers who plan to stay in their home for a long period of time. Fixed rate loans can be secured for various locked in terms, but typically utilize 15, 30 and 40 year terms.
Adjustable Rate Loans
Also known as an ARM or variable-rate mortgage, offer an initial ‘introductory’ lower interest rate and monthly payment options. After the initial period, typically locked for 5, 7 or 10 years, the ‘introductory’ interest rate on the loan is re-set, either increased or decreased to current market rates that adjust with an ‘index’ and a maximum limit on the adjusted rate. These loans are ideal for borrowers who may move within 5-10 years, refinance the loan, which is common, or want initial lower payments.
Interest Rate Loans
Interest-only loans are a nice option for borrowers who want flexibility with even lower initial payments. An Interest-only loan covers the interest with no payment towards the principal reduction for a set period of time. The borrower may make payments directly to principal in addition to the interest without penalty. The monthly payment increases at the end of the interest only period.
FHA / VA Loans
Commonly known as FHA and VA Loans are government assured. These loans typically help first time buyers, buyers with a lower credit score, seniors, and buyer’s with limited down payment savings. VA loans are beneficial to military personnel during and after military service.
Bank Statement Loans
Sometimes referred to as No Tax Return Loans can be ideal options for non-traditional buyers, entrepreneurial borrowers, self- employed, divorced and retired borrowers. These loans utilize alternative financial documents for borrower’s with strong credit and cash reserves, or assets.
Foreign National Loans
An extensive portfolio of lender relationships allows us to offer customized programs for foreign buyers seeking loans, who may not have U.S. credit or tax returns. Often credit unions and local banks are utilized to review and provide lending options on borrower’s with foreign-based financial documentation.