PROGRAMS

This page will guide you through many Programs and Industry Terminology

* NO/O = Non-Owner Occupied   * O/O = Owner Occupied   * Stated = Stated Income

* HELOC= Home Equity Line Of Credit  * DTI = Debt To Income Ratio  * VOR= Verification Of Rent

 

100%  *NO/O

100% Stated * HELOC

520 FICO to 90% 

580 FICO to 100%

2nd Home Loans

1031 Exchange

Appartments

Bankruptcies - 1 day out

Fix & Flip Loans to 90%

Reverse Mortgages

Hard Money

Mortgage Lates -OK

Mixed Use Property - Ok

No Doc 100% cash out

No FICO Score Program

No Reserves program

Non Occupant Co Bor-Ok

State Income/State Assets

Loans for the Retired

 

100% 1-Loan * O/O

103-105% Purch. Money

80% Biz Bkstm's= Inc.

Avg. or High FICO Score

Legal Aliens/Foreigners

Chattle Mortgages

Condo Loans

Foreclosures Bailouts

1 day of Employment

Hotels, Appartments

Manufactured Homes

No Appraisal Needed

1-day off MLS

No * VOR Program

No Title Seasoning

No Credit Tradelines - Ok

Pick-A-Pay Option ARM's

State Income/Verified Assets

 

80/20 - 100% Combo

115-125% debt Con

100% personal Bkstm's

Gifted Equity

55% + DTI

Church Loans

Jumbo Loans

Chapter 13 bailouts 

Employment Gaps 

Commercial Loans

Mezzanine/Bridge Loans

30 yr. Fixed on Raw Land

No Appraisal Seasoning 

No *DTI  Ratio Programs 

Private * VOR - Ok 

Room Rent = Income Ok

Unlimited properties

Forgotten Equity prog. 

 
CLICK HERE FOR INDEPTH TERMINOLOGY
 

News

Goverment Loan Programs

VA Loans

Debt to Income Ratios

How Much can You Afford

Buyer Don'ts

Home Price Index

Hybrid Loans

Need a Bridge Loan?

Home Owner Deductions

Financing Closing Cost

Tax Closing Cost

Loan Closing Cost

Living Trusts

Title Information

Types of Insurance

Improvement Loan Insurance

Are You Pre-Approved?

Broker vs Loan Officer

Mortgage Sericing

Mortgage Tune Up

Real Estate Glossary

Mistakes on Your Rreport

Disputing Credit Reports

What is PMI?

Eliminating PMI

Getting an Appraiser

Gifts as downpayments

401K for downpayment

Bi-Weekly Mortgage Payments

Bi-Weekly Payment Calculator

Pay Your Loan Early

Buy Down Options

Documenting Assets

Finance Agencies

How Escrow Works

2nd Mortgages

Home Equity Line of Credit

Home Equity Loans

How to Sell Your House

Mortgage vs. Deed of Trust

 
 
 

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