Purchase Loan Programs

Which Mortgage is Right for You?

FHA Home Loan

You can get an FHA loan with a lower credit score, and/or a lower down payment than other loan options. FHA loans are an excellent option for first-time homebuyers.

VA Loans

This program was designed to provide housing and assistance for veterans and their families. No private mortgage insurance is needed and borrowers can get a home with as low as a 0% down payment.

USDA

A USDA loan is a home loan guaranteed by the United States Department of Agriculture. Being backed by the government allows for lower interest rates and lower down payment requirements. This is great for homebuyers looking to purchase in rural areas.

Conventional

With this program, borrowers are able to get higher loan amounts. With good credit you can get lower interest rates. Lower down payment options are also offered with conventional loans, along with shorter loan terms.

Conventional

ITIN Program (Tax ID)

Designed to help a borrower that lives and works in the US with an individual tax ID number but no social security number. Down payments for an ITIN loan can range between 15-25% and accepts alternative documentation.

Jumbo Loan

Jumbo Loans allow for clients to obtain higher loan amounts than the conforming limits set by the Federal Housing Financing Agency. This loan option allows you to get a more expensive property with as little as 10% down payment.

Bank Statement

We use the last 12 to 24 months of personal or business bank statements to analyze and calculate your income. This program is ideal for self-employed borrowers, who own a business or don't have a steady income.

Profit and Loss (P&L)

This loan program is great if you don't have the traditional W-2 or paycheck stubs. With your profit and loss statement, we can summarize your revenue and costs from your business to qualify.

Asset-Based Lending

With asset-based lending, qualification is solely based on the client's assets. No income or employment is needed.

Debt Service Coverage Ratio (DSCR)

A DSCR loan accommodates the needs of real estate investors. With this program, you can qualify based on the rental property income. No tax returns or income is required.

Fix & Flip

Fix and flip loans can fund the purchase and renovation of a residential investment property. Loans for investors who are buying distressed properties, rehabbing, and selling. Sensible, flexible, and fast!