We offer a number of excellent mortgage programs that will allow you to purchase a home with little or NO MONEY DOWN. We work with First Time Home Buyers up to clients that require Super Jumbo Products, so if you are looking to purchase a home, we have the Loan Program that will fit your needs.

This loan pays principal and interest, and the rate/payment never changes. These types of loans are primarily for borrowers who plan to live in their home greater than 10 years. If you plan on being your home for a short period of time, an adjustable rate mortgage is more beneficial for your needs. We have 40 Year Fixed-Rate Mortage, 30 Year Fixed-Rate Mortgages, 20 Year Fixed-Rate mortgages, 15 Year Fixed-Rate Mortgages, and 10 Year Fixed-Rate Mortgages.

These loans have interest rates and payments set for a specific period of time. We have Adjustable Rate Mortgages and Adjustable Rate Jumbo Mortgage set for 6 months, 1 year, 3 years, 5 years, 7 years, and 10 years. These loans are fixed and then adjust yearly after that. Consumers who plan to be in their home for a short period of time should consider an adjustable rate mortgage to benefit their needs. This program will lower your mortgage payments by hundreds of dollars. For example, a 30 year fixed rate payment on $500, 000 at 5.75% will give a borrower a payment of $2917.86. An adjustable rate mortgage payment at 4.25% for a $500,000 loan will give you a monthly payment of $2459.70. That is a cash flow savings of $458 per month.

We also offer Interest Only Loans only loans and Jumbo Interest Only Loans, which enables you to only pay interest and not pay any principal portion of the payment and enables you to lower your monthly payments by hundreds to thousands of dollars every month. For instance, a interest only rate of 4.375% for a loan of $500,000 will give you a payment of $1822 per month for a loan of $500,000. That is a savings of $636 per month from a regular adjustable rate mortgage and $1095 from a fixed rate mortgage. Please get all the program details from your loan officer in regards to qualifying for these types of loans. These programs are great for First Time Home Buyers or Consumers purchasing a home with no money down.

All the programs listed above have certain loan conditions and restrictions. Not all loan applicants will apply or be entitled to the lowest possible rate. Please check with us or call us today to get pre-approved for your next home loan.