Finding the right lender is just as important as the best rate or loan program.
Here are some of the typical loan programs most lenders have to offer you. |
|
 Lending Programs |
| Don't want to document your income? Need down payment assistance? Lenders have a wide variety of non-conforming loan products including no income verification, and no documentation loans. Search and qualify with lenders on-line and get the help you need. |
|
| Avoiding PMI (Private Mortgage Insurance) |
| Looking to avoid Private Mortgage Insurance? Most lenders require loans over 80% to carry PMI. Is there a way to get 90 or 95% financing without having PMI? YES! Get relief from PMI, let a lender show how you can avoid paying PMI. |
|
| Fixed Mortgage Rate Loan Program |
| Home loan interest rates are the lowest they've been in years! It's the ideal time to buy or refinance you home, lower your payments and save a lot of money. Take advantage of the low fixed rates that lenders have to offer before they go up again. |
|
| Refinance vs, Home Equity Loan Program |
| Need some cash? Use your home's equity how and when you want! This is a line of credit secured by the equity in your home. It is an excellent plan when you simply want the money to be there in case you need it. For example, if you decide at any time that you want new furniture, a new car, to add a room, paint the house, or anything else you can think of, all you have to do is write a check. That's it. You pay no interest until you use the line. Plus, since this is a revolving line of credit, as you pay back what you borrow, the money is yours to use over and over again. |
|
Plus the interest you pay on a home loan may be tax deductible.
Check with your tax advisor. |
|
