All Your Real Estate Needs, Covered.
Whether you’re self employed, a first time buyer, Veteran, or seasoned investor; you’ll be sure to find that we offer the best and most competitive loan options available.
Traditional Mortgage Options
Conventional Loans
Conventional loans are a good option if you have a higher credit score and stable employment history. Interest rates for conventional loans are usually some of the lowest.
- Down payments as low as 3%
- Credit scores as low as 620 may be accepted
- Popular choice for purchase & refinance
- Easier to get rid of PMI than any other loan type
- Straightforward mortgage
- Offers fixed and adjustable rates, in 10-30 year terms
FHA Loans
FHA loans offer flexible financial and credit requirements, easy financing options, and down payment assistance programs for eligible borrowers.
- Down payments as low as 3.5%
- Great for first-time home buyers
- Credit scores as low as 580 may be accepted
- FHA streamline refis don’t require an appraisal
- FHA 203k can help provide additional funds before moving in if the home requires repairs or renovations
- FHA-eligible down payment assistance programs allowed
- Government-backed mortgage loan that can allow you to buy a home with looser financial requirements
VA Loans
Guaranteed by the United States Department of Veterans Affairs, a VA loan can offer exclusive homeownership benefits for veterans, active-duty service members, and eligible surviving spouses.
- 0% down payment
- Credit scores as low as 580 may be accepted
- No private mortgage insurance (PMI) required
- Lowest interest rates available for qualifying borrowers
- Current VA loans can be streamline refinanced with no appraisal
USDA Loans
USDA home loans give low- to moderate-income households the opportunity to purchase a home in a designated rural area with no money down.
- 0% down payment
- Credit scores as low as 580 may be accepted
- Available for rural properties only
- Available for US citizens, non-citizen US nationals, and qualified permanent resident aliens
- Guaranteed Loan Program for low- to moderate-income families/individuals
Jumbo Loans
A jumbo loan is a mortgage used to finance properties that exceed the conventional conforming loan limits set by the Federal Housing Finance Agency (FHFA). In most counties the conforming loan limit for 2022 is $647,200. The limit is higher in areas where the median house cost exceeds this number. Homes that exceed the local conforming loan limit require a jumbo loan.
- Credit scores as low as 660 may be accepted
- Competitive interest rates
- Can be used to purchase a home or refi your current loan
- More borrowing power for high-cost homes
- QM Jumbo Prime up to $3MM
- Non-QM up to $10MM
- Can be used for Primary Residence, Second Home and Investment properties
- Renovation & Construction
Home Equity Loans
A home equity loan allows you to tap into the equity in your home and use it as cash. Home Equity Loans go by a few common names such as “cash-out refinance” loans, “second mortgages” or even “debt consolidation” and in Texas they are also referred to as “Texas cash-outs” or a “Texas A(6)”.
- There are two main types of home equity loans: fixed-rate loans and home equity lines of credit (HELOCs)
Taking out a home equity loan can be much more cost-effective than using credit cards with high interest rates to make large purchases
- You are limited to using 80% of the homes value
- Closing costs are capped at 3% of the homes value
- The money received from a home equity loan can be used for anything
Non-QM Mortgage Options
No Ratio DSCR Loans
DSCR loans (Debt Service Coverage Ratio) are great for purchasing investment properties. No-Ratio DSCR loans consider rental income and/or potential rental income of the property for qualification instead of your personal income.
- Suited for new and seasoned real estate investors
- Designed for Investment Rental Properties
- Both long-term and short-term rentals are eligible (Airbnb, VRBO, etc.)
- Great alternative to private and hard money loans due to lower rates, fees and easy qualification
- No income or job history verification required
- Loan amounts up to $7.5MM
- Unlimited cash out
- Interest-only loan options available
- Credit scores as low as 620 may be accepted
Bank Statement Loans
Bank statement mortgage programs are often a good option for self-employed individuals, business owners, realtors, consultants, and retirees who need an alternative income verification option.
- Up to 90% LTV
- Credit scores as low as 620 may be accepted
Allows you to qualify based on bank statements instead of tax returns
- 12-24 Month Bank Statement Program w/ Personal or Business Bank Statements
- Prime and Second Chance Programs
- Loan Amounts Up To $2.5MM
- Cash Out Up To $1MM
- Interest Only and Fixed Terms Available
Asset-Based Loans
An asset-based loan, also known as an asset depletion loan, is one that uses assets as income. It allows borrowers to utilize the following assets to qualify: Checking, Savings and Money Market accounts, Personally Held Stocks, Bonds, Mutual Funds, and Vested Amount of Retirement/Tax Deferred accounts.
- Qualified based on verified liquid assets
- Six-Month Seasoning of all Assets is Required
- Loan amounts up to $3 million
- Minimum 620 credit score
- No tax return or 4506T required
- Interest Only available
- As little as 20% down payment
- Cash out allowed
Foreign National Program
The Foreign National Loan Program is also known as a Foreign national loan, or non-permanent resident alien loan. The program helps non-residents of the United States purchase real estate here in the US.
- Includes primary residences and/or vacation properties
- Can be used for investment property
- Available to those who classify as resident aliens, achieve temporary status or permanent status
- Borrower cannot reside in the United States
maximum LTV Is 70%
12 months reserves are required
Loan amounts up to $1.5MM
ITIN Mortgage Program
An ITIN loan provides flexibility to borrowers without Social Security cards. Homebuyers with ITIN cards can qualify for a mortgage as long as they meet the eligibility requirements.
- Loan amounts up to $2.5MM
- One year seasoning for foreclosure, short sale or deed-in-lieu
- Two years seasoning for bankruptcy
- Primary home only
- Up to 50% DTI
- Non-warrantable condos allowed
- One unit only
- Purchase, cash-out or rate-term refinance
2nd Chance Purchase Program
Recent credit events can make it challenging to secure a loan because many lenders view them as a red flag. We offer loan programs for borrowers with recent credit events including foreclosure, short sale, and bankruptcy.
- Up To 85% LTV
- 620 Minimum Credit Score
- 50% DTI Max
- Bankruptcy, Foreclosure And Short Sales (24 Month Seasoning/ No Seasoning at Lower LTV’s)
- Gift Funds Are Acceptable
- Need 3 Months PITI Post-Closing
- Full Doc, 12-24 Month Bank Statement, 1099 Only Income Docs Allowed
Apply for a home loan or refinance from the comfort of your home.
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