LTV (Loan to Value)
We can meet all kinds of LTV requirements (LTV is
the Loan to Value ratio, the amount of a loan the customer can
get based on their home's value). We currently can get
loans of up to 125% of the home's appraised value (NOTE: The
higher the LTV, the better the customer's credit must be and the
higher the interest rate).
Purchases
We have programs that will allow a consumer to
receive up to 100% LTV on their purchase. These customers
may pay a higher rate but at least they can get in their home
and that's what it's all about, isn't it? The more down
payment a customer has, the lower the rate.
Self-Employed
The self-employed and entrepreneurial individuals
have traditionally been one of the hardest groups of consumers
to obtain financing. Not any more! Look at our stated
programs.
Stated Income
These programs mean just what they say, your
income is stated (not proven). This is particularly useful
for the self-employed who have trouble proving their income, but
anyone who can meet the credit requirements can get a loan
all the way up to 100% LTV (without showing any income!!!)
Mobile / Manufactured Homes / Condos
Even if you have plans to refinance or purchase a
mobile home, manufactured home, modular home, or condo, we can
help you achieve your goal.
Bankruptcy / Foreclosure
It used to be the norm that if you declared
bankruptcy, it was as bad as breaking a mirror; 7 years of bad
luck and virtual credit death. Times have changed.
We have programs that will refinance a consumer from 1 day after
their bankruptcy is discharged while others look at the time
when the bankruptcy is filed! Although foreclosure is an
experience that no one wants to deal with, we can get it
done and save your home.
Mortgage Only
What if you have perfect mortgage credit but have
been late a few times on credit cards or car payments? No
problem, there are programs that allow up to 90% LTV based on
your mortgage credit ONLY!
Best Rates
We can get you better rates than the local banks
because we use national lenders and shop the rate daily.
Interest Only Loans
Now there's a way to afford more home... for less
money! Some advantages of an interest-only mortgage are
that the monthly savings from lower payments can make it easier
to qualify, allow you to pay down credit card debt, be used to
make investments, fund retirement accounts, help build up
emergency funds, free up cash to purchase home furnishings, and
give you certain tax advantages. Find out more by clicking
here:
It's Your Money...
LTV