If you don't see what you are looking
for, ask a representative through our live chat feature in the right column. We
have more loan programs that are not listed here that may be of interest to
you.
Interest Only
This type of loan allows you to only pay the interest due on your property,
which will result in lower monthly payments.
MTA Option ARM
Leverage this loan to minimize your house payments, pay off debt, control the
amount of tax-deductible interest you pay, or cater to fluctuating income, by
paying as little as 1% interest. Variations include 15, 30 and 40 year terms
with 1, 3 and 6 month options which are fixed for one year and adjust annually.
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Jumbo
These loans offer competitive fixed rates for properties valued at $400,000 or
more.
Stated Income
Favored among the self-employed, these loans do not require you to disclose
your income. A 10% down payment is required.
FHA
A mortgage that is insured by the Federal Housing Administration (FHA).
VA
These loan programs often times do not require a down payment and are available
for those who qualify by military service.
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100% Financing
A 100% financed loan will finance the total cost of the property, usually
leaving only the closing costs to be paid by the borrower.
Zero Down Payments
Loans requiring No Down Payment maximum financed amount can include closing
costs and prepaid items to a maximum loan to value of 103%.
High Debt Ratios
Borrowers having the ratio of their monthly bills to their monthly income
higher than 50% is considered a high debt ratio. Loan programs are available
for these borrowers, allowing them to finance the purchase of a home or
property.
Self Employed
This loan is designed mainly for self employed borrowers who minimize their
income on their tax returns, or may simply not wish to disclose their income
for the purpose of doing a loan. They can qualify by their stated income, or
with bank statements.
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