Loan Programs

Traditional Loans, Conforming and Jumbo

• Purchase, refinance, cash-out, home equity
• Primary residences, 2nd homes, vacation homes
• Jumbo loans to $15,000,000 +
• Conforming loans- direct with Fannie Mae & Freddie Mac
• Qualify with bank statements, assets for income, alternate doc type
• Credit scores as low as mid 500’s
• Foreign Nationals
• No minimum wait period after short sales, foreclosures, bankruptcy
• Low down payments for conforming and jumbo loan amounts
• Flexible underwriting
• Cash-out available on all of the following: primary residence, 2nd home and investment properties
• Extremely competitive rates on all products

Construction Loans

• Owner occupied, 2nd home, or Investment (spec)
• Owner occupied one-time-close (OTC), rate fixed for 5yrs, 7yrs, 10yrs, 15yrs (all 30yr loans)
• No need to refinance upon completion of owner occupied build, loan rolls to permanent loan
• Build ground up or larger remodel
• Most competitive guidelines -highest loan to value available in market
• Most competitive rates in market
• Interest only during construction

VA/FHA Loans

• Purchase, refi, cash-out
• Minimal down payments
• Credit scores down to 580
• Ability to approve condos that don’t currently allow FHA
• No max loan amount on VA
• Extremely competitive rates

Multi-family/Apartment (5+ Units)

• Purchase, refinance, cash-out, new construction
• Access to best rates in the market
• Limited recourse options

Reverse Mortgages

• No mortgage payments for your lifetime
• Create monthly, non-taxable income
• Conforming and jumbo loan amounts
• Available line of credit that never goes into repayment and grows with each passing year, much like an annuity
• Loan proceeds available in term, tenure, lump sum or line of credit
• Non recourse, debt will not transfer to heirs if property value can’t pay off mortgage
• No prepayment penalty
• Ability to make payments, if you choose to and keep the interest from accruing
• Sell home that no longer suits your needs, use proceeds of sale to put 50-60% down on new home and have funds left to live out life comfortably

Non-Traditional Financing / Bridge Financing

• Investment and business purpose
• Most competitive rates in marketplace
• Use when in between selling existing and purchasing new home
• Use for spec / investment property where existing loan coming due prior to sale
• Non-traditional qualifying, equity based
• Highest LTV’s in marketplace
• Loans to $15M+