
Your Dream Home Awaits
Purchase
Refinance
Pre-Approval
Home Loans For All Your Needs
Conventional
Conventional Mortgage financing is not insured or guaranteed by the United States Federal Government. For the most part, conventional mortgages conform to the standards, guidelines, and requirements set forth and established by two of the most well know Government Sponsored Enterprises: The Federal National Mortgage Association, also known as Fannie Mae, and The Federal Home Loan Mortgage Corporation, also known as Freddie Mac. The benefit obtained by the consumer through the utilization of Conventional financing is the ability to influence and or alleviate all or a portion or the mortgage insurance premium that may otherwise be required, thus reducing the consumers overall mortgage related expense.
FHA
FHA Mortgage financing is insured by The Federal Housing Administration. The Federal Housing Administration is a United States Government agency created in 1934 with the purpose of standardizing, stabilizing, and systematizing the United States mortgage market while simultaneously providing liquidity by reducing lender risk and exposure. The FHA is the largest insurer of mortgages world- wide, insuring more than 34 million properties since its inception. The FHA became part of The Department of Housing and Urban Development (HUD) in 1965.The benefit obtained by the consumer through the utilization of FHA financing is the comprehensive reduction in analytical review combined with more liberal requirements.
VA
VA Mortgage financing is guaranteed by the United States Department of Veterans Affairs. The Veterans Administration Home Loan Guaranty Program was enacted June 22, 1944 and designed to enable Service members, Veterans, and eligible Surviving Spouses to be more competitive in the national housing markets. Since the inception of the Home Loan Guaranty Program, the VA has guaranteed more than 14 million home loans with an estimated value of more than $400 billion dollars. The benefit to the recipient of a Veterans Administration Home Loan Guaranty Certificate of Eligibility is the ability to obtain almost un-paralleled home loan leverage in addition to the ability to aggressively negotiate transactional terms.
Jumbo
Jumbo Mortgage financing is in excess of the Conventional “Conforming” loan limit as established by The Federal National Mortgage Association, also known as Fannie Mae, and The Federal Home Loan Mortgage Corporation, also known as Freddie Mac. Jumbo mortgage financing can be more customizable and niche responsive than other forms of mortgage financing due to its lack of standardization, but product demand and risk mitigation are the driving forces that shapes this market. The benefit of Jumbo mortgage financing to the consumer is the liquidity provided to the non-conforming market, and the ability to obtain more malleable terms than can be found in a more standardized market.
Get Started Today
Reverse
A Home Equity Conversion Mortgage, which is more popularly known as a Reverse Mortgage, enables homeowners who are 62 years of age or older to access the equity in their homes, tax free, without being obligated to a monthly mortgage repayment schedule. In addition a Reverse Mortgage enables home buyers who are 62 years of age or older to purchase a home without being obligated to a monthly mortgage repayment schedule. Reverse Mortgages received an endorsement by the White House Conference on Aging in 1981 and are insured by the Federal Housing Administration, also known as the FHA.
Construction
Whether you are building a home from the ground up, or would like to renovate a new or current home, we have the financing you need. In today’s competitive and pricy home buying environment, sometimes building your dream home, renovating a diamond in the rough, or making improvements to your existing home is a more appropriate solution for the needs of your family. We can assist you with reviewing your building plans and specifications, as well as finding and evaluating a qualified construction team, and when the time is right, we manage and disperse funds for your project, as they become due.
Commercial
Commercial mortgages are designed to assist purchasers of residential properties consisting of 5 or more units, or properties that are non-residential in nature. Nursing Homes, Multi Use properties, Convenience Stores, Restaurants, and Office Buildings are a few examples of Commercial Properties that are non-residential in nature. The terms of commercial mortgages are structured on and based around the percentage of ownership equity and the properties ability to service its debt. Every attempt is made to structure financing that meets the needs of the borrower as well as the attributes of the property.
Is Home Ownership right for me? Ownership of appreciating assets has been the most reliable method of improving ones financial status for as long as can be documented. Evidence suggests that this premise is at the foundation of the discovery of the “New World”. Real Estate is one of but a few asset classes that have established a history of value appreciation for as long as we have been measuring it. Plus, owning your own home is very rewarding.
Should I purchase a home or should I rent a home is a question that frequents the minds of those in need of living arrangements. When evaluating this decision, it is important to ask yourself some of the following questions: 1. How much house as compared to apartment do my monthly housing dollars afford me. 2. How stable are my finances? 3. How long am I prepared to live in this location? More times than not, home ownership provides unique personal benefits and financial advantages.
Uncle Sam rewards homeowners by reducing the amount of income tax they are charged. The current tax code allows homeowners to reduce their taxable income by the amount they spend on mortgage interest, real estate taxes, and some of the costs incurred when purchasing a home. In addition Uncle Sam does not tax Capital Gain’s income that is generated from the sale of a home, in amounts up to $250,000 for single tax fillers and $500,000 for couples.
When preparing to purchase a home, in most cases please be prepared to provide income and asset documentation as well documents that will verify your identity. Reviewing an applicant’s credit history most time is also a component of purchasing a home. Buying a home can be a process, and if needed we will assist you with methods and strategies to optimize your mortgage qualifications, overcome any challenges, and obtain documentation that initially proves to be elusive.
Investor
Are you buying a home that you do not plan on moving into ? Are you purchasing a home that you plan on renting ? If so, you are a Real Estate Investor, and you require real estate financing designed for investors. We take into consideration the income being generated by the home you would like to purchase, and or the income potential of the property when determining financing eligibility. This feature has the potential of being a huge benefit in obtaining the mortgage financing you require.
Hard Money
Hard Money mortgage financing has a more focused review of the property being purchased than the home buyers qualifications. It is designed to assist Real Estate Investor’s in maximizing their cash flow when entering into a new real estate project. Hard Money mortgage financing is also designed as a short term financing option available to assist the Real Estate Investor in achieving their business growth goals. As such, Hard Money Mortgage financing requires a realistic and acceptable financing exit strategy.