Home Loans Archives - Home Loan Mortgage Jumbo Loan California Irvine Newport Coast

Loan Temporary Buydowns

mortgage loan interest rate Temporary Buydown

A temporary mortgage interest rate buydown allows borrowers to reduce their effective monthly loan payment for a limited period of time through a temporary buydown of the mortgage interest rate. In a temporary buydown of mortgage interest rate, the effective loan interest rate that a borrower pays during the early years of the mortgage is […]

The Most Important Mortgage Documents To Keep

home loan mortgage deed of trust promissory note

Home loan application always requires assembling a range of documents, but once you’ve completed your transaction, it is hard to think about holding on to all of paperwork. The following documents should be kept handy and in a safe place while you still own the home: Property Deed After transaction close, you take the title […]

Refinance Without Closing Costs

You can have your home loan refinanced without bringing extra fund to the table to cover the closing cost. Rather than pay upfront in a lump sum, you can pay closing expenses over the time. This no-Closing Cost Refinance can be done in following options: Option 1. Rolling the Closing Fees into Your Loan In […]

Home Mortgage Application Documents

Home Loan Mortgage Application Stated Income No Document Hard Money Loan Programs

Different home loan programs could require different application documents. In general, for full document home loan programs, here is the list of required documents: Required Documents Recent 2 Year Federal Tax Return with All Schedules. Recent 2 Bank Statements . If Employed, Provide Recent 2 Years W2 with Recent 2 Pay Stubs. If Self Employed, […]

VOE Mortgage Program

Verification of Employment (VOE) is a process used by banks and mortgage lenders in the United States to review the employment history of a borrower, to determine the borrower’s job stability and cross-reference income history with that stated on the Uniform Residential Loan Application. Our VOE mortgage loan main features: No 4506T, No Tax Returns, […]

How to Reduce Your Home Loan Rate

Lower interest rate can lower your monthly mortgage payment, and help you save lots of money. There are several ways to reduce mortgage rate before home loan application: Maintain Good Credit Score Pay Higher Down Payment Choose Correct Loan Program Shopping Around Pay Some Points

Foreign National Mortgage Program

A mortgage to a non resident is called a Foreign National Mortgage loan. A foreign national who is not a resident of the United States will in many cases seek to own real estate. Down payment requirements are usually higher for foreign national borrowers. The minimum down payment is usually 30% (or more) of the […]

Investor Mortgage Program

Don’t let rising rates prevent you from buying more investment properties. We have solutions to access capital through a refinance with rates that let your properties cash flow. The main features of this mortgage loan program include: No Tax Returns Required No employment required No income required No debt to income ratio calculated Cash flow […]

1 Month Bank Statement Loan Program

As one of our stated income mortgage programs, our one month bank statement loan program may help you to purchase your dream home. Here are some requirements for this loan program: Requirements Borrower must be self-employed or 1099 Most recent personal account bank statement 650 minimum middle credit score 25% Down or more Maximum loan amount of […]

Category: Home Loans