Non-Traditional Loans

Interest Only Loans

The interest only loan program is designed for homeowners that plan to sell their home in the near future and do not want to pay down their principal on their mortgage. It is also for borrowers that wish a lower mortgage payment, or wish to place extra money into investments to build net worth. With the interest only loan, borrowers only pays the interest on a mortgage, through monthly payments, for a fixed term.

The term is usually fixed between 5 to 10yrs. Additional principal payments are optional and welcomed with no penalty. Call Jessica McClure today at 714-713-0172 for an Interest only Loan Consultation today.

Commercial Mortgage

Multi-Family dwellings
Properties exceeding 4 units
High rise condos
SBA loans available

No Income Verification Loans

This loan is designed to assist self-employed and non self-employed obtain home ownership with No tax returns, no W2s, no IRS transcripts, no paycheck stubs.

Asset Income Program

The Asset Income Loan Program is designed for high net worth borrowers and borrowers that cannot qualify with tax returns. These loans help borrowers qualify who do not have:

No Tax Returns
paycheck stubs
IRS transcripts

The borrower has their assets income calculated from their qualified assets. Call Senior Mortgage Officer Jessica McClure today at 714-713-0172 for your Free Hybrid ARM loan Consultation today.

HERO Loans

Veterans put zero down payment and no PMI, EMT’s, Police Officers, Firefighters, Teachers and staff are eligible to receive up to $27,186 of down payment assistance completely forgivable at the close of escrow.

Bank Statement Loan Program

Designed to qualify borrowers by calculating their business deposits to generate income
No Tax Returns, paycheck stubs or IRS transcript
12 months bank statements
Debt to income up to 50%
Personal or Business Statements
Additional Income is OK
Primary home, 2nd home, Investment Property is OK

Investor Loan Program

Investor loans are designed for the experienced real estate investor who is purchasing or refinancing investment properties which he or she plans to hold for business purposes.

No Tax Returns, paycheck stubs or IRS transcripts
Borrower qualifies based on the cash flow of the subject property only
Rent Survey must support PITI (principal, interest, taxes and insurance)
Debt to income ratio not calculated
Low Credit Scores allowed.

Borrower must have history of owning and managing commercial or residential investment real estate, proof required.

Hybrid ARMS

Hybrid adjustable-rate mortgage (hybrid ARM) which are also known as fixed-period ARMs , blends the benefits of fixed rate mortgage loan and a regular adjustable rate mortgage. This special type of mortgage loan will have a starting fixed interest rate period, which is then followed by an adjustable rate period. Call Senior Mortgage Officer Jessica McClure today at 714-713-0172 for your Free Hybrid ARM loan Consultation today.

Harp 2.0

If you have little equity in your home, or if you owe more on your mortgage than your home is worth, it can be very hard to find a mortgage lender who is willing to help you refinance your current Mortgage loan terms. If you have remained current on their mortgages, and your loans are owned or backed by Fannie Mae or Freddie Mac, you have hope. It’s called HARP. We may be able to help you with big savings by:

Lowering your monthly payment
Reducing your current interest rate
Securing a fixed-rate mortgage for you that will not change over time
Help by building equity faster with shorter term options may be available
Lower your closing costs because in many cases another Property appraisal may not be required

Call Senior Mortgage Officer Jessica McClure today at 714-713-0172 for HARP 2.0 loan Consultation today.