Products We Offer
TBD Program – Get your financing approved before you find a property with our "To Be Determined" option. In this case the property address is to be determined while your credit package is in underwriting.
Conventional Financing – Conventional mortgages are home loans that are not backed by the US government, but by a private lender or government-sponsored enterprise. Fannie Mae and Freddie Mac are the primary endorsers of conventional loans. You may qualify to put as little as 3% down. With a minimum of 20% down, there is no additional private mortgage insurance (PMI) payment added to the loan.
FHA Financing – FHA loans are insured by the Federal Housing Administration. The minimum down payment is typically 3.5%, but a 0% down option exists. FHA approval guidelines are more generous concerning credit history and debt-to-income ratios. Lower credit scores accepted. FHA loans have an additional upfront mortgage insurance premium cost, as well as monthly PMI.
VA – VA loans are insured by the Department of Veterans Affairs. They offer 100% financing for qualified veterans with no PMI. VA loans include an upfront funding fee that is added to the closing costs.
USDA – United States Department of Agriculture (USDA) backed mortgages offer 100% financing for qualified borrowers and properties in rural areas. A benefit of this loan is that the borrower can finance closing costs up to the amount of the appraised value of the property.
Jumbo Loans – Any loan amount over $806,500 is considered a Jumbo Loan. Credit requirements for Jumbo loans are different from Conventional loans. The typical down payment minimum is 20% and minimum credit score requirements are higher. Reach out to one of our loan originators for more information.
HELOAN - A HELOAN is a stand-alone second mortgage with a fixed term and fixed interest rate. Combining a first and second mortgage can be an attractive alternative to the Jumbo loan or HELOC.
HELOC - Home Equity Line of Credit. These second mortgages have variable interest rates and may be used, paid down, and used again. HELOCs are a popular tool for paying off other higher-interest debts, obtaining funds for home improvements, leveraging the equity to buy another property, etc.
DSCR - Debt Service Coverage Ratio (DSCR) loans are specifically for investment properties. Approval for these mortgages relies more heavily on the property value and rental income than the borrower's personal income.
Bank Statement Loans, 1099 Loans, and Profit & Loss (P&L) Loans - These innovative alternatives, enable borrowers to secure financing without relying on W-2s or tax transcripts. Each program assess consistent cash flow and true earning potential, making them ideal for today's entrepreneurial workforce.
Asset Utilization - A loan qualification method that allows borrowers to use their liquid assets—such as savings, retirement funds, or investments—as income. Lenders divide eligible assets by a set term to calculate a monthly income figure for DTI purposes.
No need to liquidate assets—just need to prove ownership and access