These are some of the
services we provide. If
you don't see your loan
type here don't worry,
if there is a program
out there Mortgage SpecialistsSM
knows about it!!
FHA
Mortgages
FHA loans allow you to
put as little as 3.5 percent
down and the credit requirements
are more lenient than
conventional mortgages.
FHA is not a low-income
program, so anyone can
qualify. The Federal Housing
Administration (FHA) insures
loans made to borrowers
who can't afford a large
down payment. So if you're
a first-time home buyer
or don't have a large
nest-egg, don't assume
you can't qualify for
a mortgage. We can accommodate
all FHA programs such
as Standard fixed rate
(FHA 203b), FHA adjustable
rate mortgage (FHA 251),
FHA 2-1 buydown (FHA 203b,
FHA 251), as well as the
Energy Efficient Mortgages
Program. Give us a call!
VA
Mortgages
VA mortgages offer the
opportunity to buy a home
up to a specified amount
with no down payment.
These loans are administered
by the Department of Veterans
Affairs. VA loans are
assumable and have more
flexible requirements
than either FHA or conventional
(not government insured)
home loans.
Conventional
A mortgage in which the
interest rate does not
change during the entire
term of the loan and it
is not insured or guaranteed
by the government, as
opposed to a government
mortgage.
Fixed-Rate
Mortgage Loans
Lock in now, before rates
start to rise. Your interest
rate is fixed and your
monthly payment is fixed
for the term of the loan.
We find you the lowest
fixed rates!
Adjustable-Rate
Mortgage Loans
The big advantage is the
initial interest rate
is lower than what you
can get with a fixed rate.
You'll probably be earning
more in the future than
you are now so this might
be the loan for you. You
can also refinance later
to a fixed-rate loan!
Custom
Construction Financing
Build your own custom
home the way you want
with a minimum of delays
and paperwork! You'll
love our low rates and
efficient procedures!
Refinance
Refinancing and consolidating
your debt with an Mortgage
Specialists can lower
the total amount you pay
out each month. You can
even arrange to have extra
cash, including non-owner
occupied cash back. Here
are some reasons you may
want to think about:
Consolidate your
high-interest debt.
Consolidate high-interest
debt such as credit
cards. Your overall
monthly payments will
be reduced and may
even be tax deductible.
Get extra cash. Refinancing
can give you extra
cash for the things
you've always wanted
to do. Like taking
that long-deserved
vacation, or paying
for a college education.
It's your choice.
Home Improvement Loans.
Fix the roof, purchase
new kitchen cabinets,
or remodel to increase
the value of your
home.
Take a 30-day break
from payments. Your
first payment is usually
not due for 30 days
or more.
Home Equity/Debt Consolidation
A Home Equity loan (second mortgage). Usually this kind of financing gives you a tax advantage.
Fixed Home Equity Loans are provided as a lump sum and used all at once. Whether you need to pay off debts, buy a new car, kitchen appliances, or the vacation of your dreams--we're here to help.
A Home Equity Line of Credit is available funds for you to use at your discretion when you need the money.
Condominiums
We can help you get financing for a single unit or an entire complex, including non-conforming.
1-4 Family
FHA One- to Four-Family
Mortgage Insurance is
still an important tool
through which the Federal
Government expands home
ownership opportunities
for first-time home buyers
and other borrowers who
would not otherwise qualify
for conventional loans
on affordable terms, as
well as for those who
live in under served areas
where mortgages may be
harder to get.
Jumbo Mortgages
A loan that does not conform to the guidelines established by Fannie Mae or Freddie Mac or exceeds the conventional loan limit is called a Jumbo
mortgage loan. These loan amounts are unlimited! Loan to value limits for Jumbo mortgage loans range from 50% to 90% depending
on the loan amount.
1031 Tax Exchange
Many investors are becoming aware that the Internal Revenue Code provides a vehicle for deferring capital gain taxes while disposing of investment property. This vehicle is the IRC Section 1031 exchange. The Code and Treasury Regulations have validated the services of a "Qualified Intermediary" to complete a tax deferred exchange.
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