We even have some Grant Programs for up to 5% of the sales price that never has to be paid back. Our Conforming Conventional rates are generally slightly below the competition plus with lower fees and our Jumbo rates are generally considerably below the competition with lower fees. We generally have the best rates around. On VA our main Investor often pays for all of the non-allowable fees. We als
o do several programs for those clients that do not fit General Program Guidelines like;
• One day out of bankruptcy
• One day out of foreclosure
• One day out of short sale
• FHA down to 600 FICO
• VA down to 600 FICO
• Mortgage lates within the last 12 months, ok.
• Bank statement programs for truly self-employed borrowers down to a 540 FICO
• Asset Depletion Loans
• Pledged Asset Loans
• Non-resident aliens or Foreign Nationals with HB1, E1-3, G1-5, H1, H2, K1-2, O-1, T, TN1-2, and U Visas
• Flips
• Custom Loan Terms 8-29 years
• Homes on large acreages
• Manufactured Homes on permanent foundations
• Reverse Mortgages including Reverse Purchase Mortgages
• Delayed Financing on Conventional and Jumbo
• Mixed Use Properties
• Condos including Hi-Rise and non-warrantable, 100% investor concentration ok
• Low FICO scores down to 500
• Relief Refinance program up to 200% of value
• Private Money Loans for deals that just don’t fit, but have a good downpayment
• If we believe in the borrower, we will try our best to find a way. For many of us life has not turned out quite how we planned. Many have experienced Divorce, the Death of a spouse, Bankruptcy, Business Failure, Job lay off, Foreclosure, Short Sale, or illness. Any of which can cause huge temporary problems. We have both short term and long term solutions. Call me. I am here to help. ASK for Rick R. Johnson 916-367-3738
