This loan allows a borrower to drastically reduce mortgage payments on a graduated basis in most cases for about 5 or 6 years . The borrower has full control on whether to pay a full payment or defer low cost mortgage interest on to the back end of the loan so to speak.  Investors offer start rates which may be as low as 3.95 % and allow monthly payments as low as $474.54 per $100,000.00 for the entire first year with subsequent years graduating to $510 $548 $589 $633 until it equals the market rate for the loan after about 6 years in this example.  A start rate of 4.95% would produce payments of $533 $571. $613 and so on. where the max minimum payment increase is tabulated by multiplying the present years payment by 1.075 on most products of this nature offered in our competing lender database.  After filling in your rapid response form to get specific information on loans available to you may want to use our handy mortgage calculator to see what type of cash flow savings a loan of this nature could mean to your household.

BENEFIT By preserving valuable cash flow using low interest and often tax deductible mortgage dollars borrowers have the flexibility to pay off existing higher interest and other consumer debts to save money. These Loans are also popular with business owners and investors who wish to funnel the cash flow savings into something much more profitable than the cost of mortgage money. finally some of these loans are available with stated income or ez qual ( see EZ QUAL AND STATED INCOME LOANS ) and can be used as cash out refinances and debt consolidation loans absorbing existing debt and eliminating substantial monthly payments while amplifying the cash flow savings with the negative amortization option.

125% No Equity Loans

125s or extended LTV Loans require reasonably good credit usually starting with minimum FICO scores of 640 and typically extending the most favorable terms and largest available loan amounts to borrowers with 700 + fico scores
these loans are popular for consolidating debt before it has gotten to the point when credit scores have been reduced
to the point of ineligibility. they are also used for home improvements even for new home owners who put everything into a new purchase and have nothing left to put in landscaping or pools etc. Or to get Cash out for any reason
even exceeding property value if you have the credit qualify. 

Debt Consolidation Loans

Debt consolidation can be accomplished through quite a few of the loan types offered by our vast resource of lenders. although the concept is fairly simple in terms of creating a more manageable cash flow with lower monthly payments for the borrower most people still don't realize that revving credit such as credit cards etc. take much longer to pay off because interest is tabulated in a compounding fashion and is charged on average balance that often doesn't fully benefit recent payments and actually turns out costing consumers much more than a simple interest mortgage loan even if
the rates were identical not to mention the tax benefits of writing off mortgage interest.  Debt consolidation can be added to 1st or second and in rare occasions 3rd trust deeds or mortgages, credit scores and the amount of available equity
in your home are needed to determine what options are available to save you the most money Please let us help you determine what type of loan to consolidate your debt in by taking a moment to fill in the rapid response form.


B and C Credit Loans

These are loans for borrowers with mildly to severely damaged credit offered by a select group of investors . These loans have much easier qualifying guidelines for both credit and debt ratio, in return for interest rates which are somewhat higher than A paper or straight vanilla loans in proportion to the perceived risk.

BENEFITS these loans can work miracles for people who could otherwise not buy or refinance when they are actually able to make payments but not considered eligible by the bank. moderately damaged credit can still locate 90 and even 100% financing with LTV's decreasing for lower scores.

PROGRAM OPTIONS
options may apply to many different loan programs and may incur an additional cost or apply stricter conditions on loan amounts verses property value called LTV or Loan to Value Ratio

Jumbo and Super Jumbo Loans

Are conventional and non-conventional loans which are above the 275,000. conforming loan limit or otherwise do not
conform to certain conforming loan guidelines.  For instance stated income loans which otherwise meet those guidelines would need to be in a jumbo program.  Lot's of investors in our data base to find you an excellent jumbo or super jumbo loan for you.

Commercial Loans

Can be for anything from apartments to mall mini malls industrial property office buildings and a host of other properties.
Investors tend to have particular niches in this industry so the initial search is helpful in eliminating lost time in locating the right investor.  Commercial loans are a more costly and time consuming animal and we have an entirely separate
data base to shop for your best loan, our search will recommend the most suitable lenders for your project and we will refer you directly to the top lenders for your loan parameters.


Construction Loans

Our affiliated Lenders have loans for both lot purchase and single close construction loans which allow the option of keeping the initial construction loan as permanent financing and save costs or when the home is complete we can help you find a loan that saves you more over time especially if market conditions improve substantially during the construction period, as a rule construction loans require good to excellent credit, and a 20 to 30% cash investment as compared to the total loan for lot and home.


Stated Income and EZ Doc Loans

No doc- no income and or no asset verification loans. many of the investors we shop for you will have different variations of these options, the general rule is the more security the borrower gives a lender the better the interest rate available. In this instance security is defined as displaying the ability to pay (income or assets) the willingness to pay ( credit scores) and the equity in the property. A combination of these factors will determine which loan and what terms the borrower is able to qualify for. We of course have more Lenders to shop for the loans that are considered more secure and plain vanilla. Stated income loans can be the solution for the catch 22 of reducing income taxes while convincing a lender that you really can afford the Loan size you require to purchase or refnance your Home.

BENEFITS
often used by business owners who have used so many write offs on their tax returns that a fully documented income loan fails to show enough profitability to qualify for the loan they need and are actually able to comfortably pay.  The loan to value ratio that the investor is willing to lend you will be in direct proportion to your credit score on a stated income loan, as you are not proving your income and the reliance upon credit history becomes the primary risk evaluation tool along with the property value in relation to the amount loaned against it ( LTV).  After filling in your contact information in the rapid response form provided on this site you will be able to have the pros and cons of these programs and options explained to in order to define and meet your needs in locating the best investor and loan program to save you money!