• 15, 25, 30, 40 year fixed Rate Loans

• Monthly payments are fixed over the life of the loan and the loan amortizes
• Loan terms can be fixed to Pay off home quicker
• Protected if rates go up
• Refinance loans may now be done in certain areas to 105% loan to value!! Continue to have your current home loans reviewed by specialists like Dan and his team. If you are looking to refinance now may be the time!! Determine if FNMA or FHLMC (freddie mac) services your loan. This is key in a refinance.

• Higher interest rates and cost short term
• Higher mortgage payments
• Rate does not drop if interest rates improve
• stated income loans are tough to find HOWEVER banks will accept higher debt to income ratios with good credit scores and compensating factors...clients think they can not qualify yet can!!

• 10/1 ARM
• 7/1 ARM
• 5/1 ARM
• 3/1 ARM

• Lower initial monthly payment
• Rates and payments may go down if rates improve
• May qualify for higher loan amounts
• 30 year term, no balloon payment 
• Refinance loans to 105% loan to value may now be available for your family and area.

• More risk
• Payments may change over time
• Potential for higher payments if rates increase

• 3.5% DOWN AVAILABLE ON FHA PURCHASES FULL DOC
• SELLER CAN CREDIT UP TO 6% ON NON RECURRING CLOSING COSTS   /LOWER DOWN PAYMENT                                                 

fha fUNDING FEE

• WE OFFER 12-18 MONTH CONSTRUCTION lOANS
• INTEREST ONLY ON MONEY USED
• CAN FUND THE WHOLE HOME CONSTRUCTION LOAN INCLUDING LAND AQUISITION AND LEND  65-75% LTV  ON CASE BY CASE. 
• HAVE PRIVATE  MONEY  OPTIONS AS WELL AND SPEC /DEVELOPEMENT PRODUCTS                                                        
• HAVE SOURCES THAT CURRENTLY OFFER STATED INCOME CONSTRUCTION LOANS ON CASE BY CASE. WE CAN DO OWNER BUILDER OR SPEC ...SEVERAL LOAN SOURCES

• May be subject to income and property value limitations
• points are charged    >Lending areas based on zip codes

• LENDS BASED ON COLLATERAL AND BUSINESS EQUITY, LAND, COMMERCIAL, RESIDENTIAL
• LOANS BASED ON SECURITIES AS COLLATERAL, NO CREDIT PULLED OR INCOME VERIFIED.!! 3 WEEK PROCESS/FAST CASH TO QUALIFIED SECURITIES AND THESE ARE NON RECOURSE LOANS!
•  FASTER CASH APPROVAL/LESS PAPERWORK, ESPECIALLY VS. SBA BUSINESS LOANS.
• GOOD FOR BUSINESS OWNERS OR CLIENTS WITH ASSETS WHO WANT A CONVENTIONAL LOAN PROGRAM BUT DUE TO LOW CREDIT SCORE OR INCOME THEY DO NOT QUALIFY. CROSS COLLATERALS OK.
• WE HAVE CASHOUT MONEY TO LEND! FIXED RATE INTEREST ONLY BUSINESS LOANS!

MUST COLLATERIZE A SECURITY PORTFOLIO TO BORROW THE MONEY. 

CLIENT FAILS TO UNDERSTAND THE LOAN DYNAMICS OF A SECURITIY BASED LOAN AND INSTEAD  GETS A "MARGIN LOAN" LOAN..........

MARGIN LOANS ARE ADJUSTABLE LOANS MONTH TO MONTH AND FULL RECOURSE!!!  IF YOU HAVE ONE PLEASE STUDY YOUR CONTRACT AND CALL US TO REFINANCE!

• You have several payment options
• Lower monthly payments
• Qualify for a higher loan amount
• Qualify at the interest only payment
• Option to pay the full normal payment
• Interest only payments for up to ten years                                                           Can go stated income as well!

• Higher rates
• Principal loan balance will not decrease during the interest only payment period
• Payment will be higher for the remaining term

• Low out-of-pocket loan costs at closing
• Closing costs are paid from the lender rebate
• Less money required to close
• Refinance without increasing your loan amount

• Higher rates
• Higher payments
• Some lenders may have a short payoff penalty which is usually charged to the loan broker, but may be passed on to you
• Some require a prepayment penalty for the first one to five years

• VA FUNDING FEE

• You only borrow what you need
• Pay interest only on what you borrow
• Flexible access to funds
• Interest may be tax deductible
• May be free of closing costs
• A good source for an emergency fund, if set up in advance
• Can be used for debt consolidation and lower payments
• Rates are usually lower than consumer loan or credit card rates

• Rates can change. The maximum interest rate can be relatively high
• Payments can change
• Hard TO OBTAIN RIGHT NOW refinance your first mortgage FOR CASH OUT IS EASIEST

• Can lend on unique situations AND solve problems..fast.
• We have prive money to lend on most all real estate collateral, residential, commercial, development
• Interest may be tax deductible
• Get cash out for any purpose! FAST cash.. less paperwork.  
• CROSS COLLATERAL AOK, 
• Interest only loans COMMON. 
• loans not underwritten to FNMA guidelines.
• Construction, Land etc. may also be aok

• Higher interest rates and points
• Harder to find the money if you dont know where to look
• Loans typically due in 1-4 years 
• Loans  max LTV to 55-65%   generally

• Credit scores not much of a factor