December 2014: Mortgage News
Interest rates remain near one year low. CO real estate values stay strong. A good time to refinance.
Program Highlight of the Month: Jumbo loans interest rates are almost as low as conventional rates. A good time to combine 1st and 2nd mortgages when combined balance is greater than $417,000..
New loan Products:
- Jumbo Loans up to 90% Loan to Value with no mortgage insurance.
- Non-Warrantable Condos.
- Unlimited mortgaged properties O.K.
- 1/2% down payment Loan Program: 99.5% loan-to-value, no reserves required.
- One year out of BK, Foreclosure or Short Sale Loan Program.
Call for details.
As a MORTGAGE BANKER and a MORTGAGE BROKER, for over 23 years, we provide real estate mortgage loans for homeowners, home buyers, and real estate investors in Colorado and Georgia.
We are committed to our clients and real estate agents to providing seamless satisfaction in providing your mortgage loan.
|Providing borrowers the lowest most competitive interest rates in the industry, always processed promptly with the utmost honesty, integrity and professionalism.
We understand that your loan is of the utmost importance to you and take the time that is needed to make you comfortable and secure in the loan process; answer questions, discuss, counsel and advice as needed for each unique circumstance and needs.
Since 1991, we have originated, processed, closed and funded 1000's of real estate mortgage loans for satisfied real estate buyers, owners, and investors.
Call or email us for an initial consultation with your purchase and/or refinance mortgage needs and questions.
Mission Statement: To Serve Our Client's Best Real Estate Mortgage Interests with the highest level of professionalism, honesty, and integrity, at the lowest, most competitive interest rates and terms in the mortgage industry.
Loan Programs Highlights:
Purchase Loans, Refinance Loans, Cash-Out Loans.
Conventional Fannie Mae & Freddie Mac Loans:
95% LTV with 100% Gift Funds OK!; 85% LTV Non-Owner! 95% LTV w/ Lender paid M.I.! Up to 10 mortgaged properties O.K.! Purchase/Renovation Loans! Piggy-back 2nd's or HELOC O.K.! Non-Occupying Co-Borrowers O.K.! Kiddy Condo Loans! Primary Residence, 2nd Homes, Investment Properties, & much more! No overlays!
All types. Down payment assistance programs O.K.; 203K loans, USDA loans.
Up to 100% LTV Owner Occ.! Up to 90% LTV Non-Owner 1-4 units O.K.
Jumbo Specialist: Up to 90% LTV with no M.I. Owner occ.! Up to 75% LTV 1-4 unit Non-Owner occ.! Up to $5MM!
Multi-Family 5+ Unit loans:
Office, Retail, Industrial, Hotel/Motel, B&B, Gas Stations and more!
Non-warrantable condo loans! Stated Income loans! Asset Based loans! 1 day out of Bankruptcy/Foreclosure loans O.K.! Foreign Nationals O.K.! Sub-prime O.K.!
Reverse Mortgage Loans.
Our To Be Determined Property Underwriting Program:
As your purchase business picks up, and with inventory still tight, it is more important than ever to do everything you can to help your Buyers. One example of how I can help you with this is our To Be Determined underwriting program. With our TBD program, buyers can have full underwriting approval before they even find a property! Income, assets and credit are underwritten prior to searching and finding a property. All that is left to do is to order the appraisal once the contract is signed.
Your buyers benefit in 3 ways:
1. Compete with cash buyers;
2. Close in as little as 2 weeks;
3. Eliminate stress and worry.
Attention to detail; Privacy and confidentiality;
Licensed in Colorado and Georgia (lic. #21395). NMLS ID's: 168864, 167104.