
HOW WE HELP OUR CLIENTS GET INTO THEIR HOME
Conventional Loan
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Criteria set by Fannie Mae and Freddie Mac
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Available for most any type of property including a second home or investment properties
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PMI is not required if you have at least 20% down payment
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The mortgage insurance (PMI) is not permanent
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Not guaranteed or insured by a Government agency
FHA Loan
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Mortgage issued by an FHA -approved lender and insured by the Federal Housing Administration
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Designed for low-to-moderate income borrowers with minimal down payment
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Accepts lower down payment and credit score requirements
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Most popular with first-time home buyers
VA Loan
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Designed for American veterans, military members currently serving, reservists and select surviving spouses (provided they do not remarry)
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VA program offers zero down home financing to eligible veterans to purchase a home
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Guaranteed by the US Department of Veteran Affairs
Reverse Mortgage
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Available to homeowners 62 and older with considerable home equity amount
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Can borrow against the value of their home and receive funds as a lump sum, fixed monthly payment or line of credit
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Does not require the homeowner to make any loan payments – only taxes and insurance
No Tax Return Loan
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Loan programs are designed for self-employed, real estate professionals, and retired borrowers who have excellent credit and strong liquid reserves, and/or balance sheet.
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No tax return loan uses financials such as business bank statements, retirement accounts, and cash-flow statements to underwrite in lieu of traditional tax returns and W-2s.