Contact Us
Contact Us...
Welcome to the Loan Center! Are you looking to buy a home? Here you can use our online tools to learn more about home loans and find the best loan options to suit your needs and goals. You can explore our site without any obligation or disclosure of...
FHA Low Down PmtFHA Mortgage LoansThe FHA’s mission driven organization encourages home ownership and provides affordable housing opportunities with low down payment and flexible credit requirements. Since 1934, the FHA has insured millions of home mortgages with a market share of 30% in 2010 vs 3% in 2007. In 2009, FHA programs...VA LoansVA Mortgage LoansA VA (Veterans Administration) guaranteed home loan is the preferred loan program for active, non-active, Reserve, National Guard, and retired military of the armed forces because there is no down payment needed and no private monthly mortgage insurance required. A VA home loan can...Jumbo Mortgage Financing
A Jumbo, or non-conforming loan, is required for financing on a mortgage that is higher than the conforming loan limits set by Fannie Mae and Freddie Mac.
According to Wikipedia:
In the United States, a jumbo mortgage is a mortgage with a loan amount above... Reverse Mortgage Seniors Loans
According To Wikipedia:
A reverse mortgage is a loan available to seniors, and is used to release the home equity in the property as one lump sum or multiple payments. The homeowner’s obligation to repay the loan is deferred... 203K Rehab Mortgage Loans
Have you found that “almost perfect” home in the right location that is selling at a reduced price because it needs a little rehab work?
Unfortunately, most mortgage loan programs require homes “in need of work” to be complete before the financing can be secured for...
Rate/Market IndicatorsTop Five Market Factors That Influence Mortgage RatesTiming the market for the opportunity to lock a mortgage rate on a new loan is certainly a challenge, even for the professionals. While there are several generic interest rate trend indicators online, the difference between what’s advertised and actually attainable...Secondary MarketsHow Are Mortgage Rates Determined?Many people believe that interest rates are simply set by lenders, but the reality is that mortgage rates are largely determined by what is known as the Secondary Market. The secondary market is comprised of investors who buy the loans made...Conventional Home Loans
Most lenders would consider a conventional mortgage as a loan that conforms to the guidelines set forth by Freddie Mac and Fannie Mae, the two government sponsored enterprises (GSEs) that provide liquidity in the mortgage market.
Technically speaking, a conventional...
MORTGAGE SOLUTIONS
Below is a brief description of your mortgage options and ways to get the process started:
Conventional Home LoansMost lenders would consider a conventional mortgage as a loan that conforms to the guidelines set forth by Freddie Mac and Fannie Mae, the two government sponsored enterprises (GSEs) ….(read more)FHA Mortgage...
Recent Comments by marisaMike007No comments by marisaMike007 yet. About Us
FINDING THE PERFECT LOAN IS OUR BUSINESS. Since there are so many components to the mortgage process, we have taken special care to organize the most important qualifying steps, lending frequently asked questions, home buying and mortgage processes below.
|