Loan Programs

Doctor Loan Program

26.08.2015
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This attractive program is for licensed doctors looking to purchase a home or refinance their current mortgage. At least one borrower must have an approved medical license. Eligible borrowers with student loan debt that is in deferment for 12 months beyond the note date are not required to include the deferred debt in the debt-to-income (DTI) ratio calculation.

-Purchase and rate/term refinance all up to 95% loan to value

-Primary residence only

-Deferred debt excluded from debt to income ratio

-Up to a 43% debt to income ratio

-Minimum credit score of 700

-5/1 and 7/1 Arm options

-Max loan amount of $850,000

-Mortgage insurance require and 3 months PITI reserves

-Programs available only to qualified borrowers. Programs subject to change without notice. Underwriting terms and conditions apply. Some restrictions may apply […]

Updated: Home Equity Line of Credit Program

17.08.2015
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You can purchase your next property, refinance your current mortgage, or get cashout from your primary or second home up to 90% loan to value with no mortgage insurance with our Home Equity Line of Credit.

Max 90% CLTV for combined liens of no greater than $1,275,000.

-Purchase, rate/term refinance, and cashout refinance all up to 90% loan to value

-Primary residence or second home

-No mortgage insurance

-Closed concurrently with any one of our 1st mortgage products

-Up to a 45% debt to income ratio

-Minimum credit score of 720 from main wage earner

-No credit score requirement for co-borrower

-No title insurance required on 2nd mortgage

-30 Year mortgage with a 10 year interest only payment and draw period

-Programs available only to qualified borrowers. Programs subject to change without notice. Underwriting terms and conditions apply. Some restrictions may apply […]

FHA Refinance Loan Program

22.06.2015
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The Federal Housing Administration (FHA) has a number of loan programs to help you lower your interest rate or get cashout, and we can help find you the right loan program to suit your needs.  There are lots of programs and options to choose from, but rest assured, that from start to finish, we know FHA and can get you the best loan for which you’re qualified. Since we are experts in FHA loans, you can be assured that we can make the process as smooth and efficient as possible.

-Credit scores as low as 580

-Fixed rate, adjustable rate, and high balance loan options

-97.75% loan to value on rate/term refinance

-85% loan to value on cashout refinance

-FHA Streamline with no appraisal, no income, and credit scores as low as 550

-Up to 57% debt to income ratio

-May be eligible for reduced wait times […]

USDA 30-Year Fixed Purchase Loan Program

19.06.2015
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You can purchase your next home in a designated rural area with no money down with the USDA Purchase Loan Program. These loans are eligible in a wide range of non-metropolitan statistical areas, including many suburbs.

This unique loan program is offered through the Rural Housing Service, an agency of the U.S. Department of Agriculture and designed to assist low and moderate-income rural residents by providing better access to affordable housing finance options including little or no out-of-pocket costs in eligible areas.

-Available to low- and moderate-income borrowers whose adjusted income is equal to or less than 115% of the area median income

-For properties located in a designated rural area as determined by the U.S. Department of Agriculture:http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do

-Owner-occupied primary single family non-farm residences, FHA approved condos and PUDs

-No maximum […]