Mortgage Solutions
Below is a brief description of your mortgage options and ways to get the process started:
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) ….(read more)Jumbo Mortgage...
FHA Low Down Pmt
FHA Mortgage Loans
The 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 Loans
VA Mortgage Loans
A 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 month
ly 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... 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: