Today, it seems like there are as many loan programs as there are borrowers. If you are like most people, you realize there are too many loan programs to study ad analyze.

That’s one of the main reasons you need the professional assistance of a loan officer. It is almost impossible for the non-expert to mix and match all this information for the best loan without the help of a professional loan officer.

At Mortgage Options, we offer many loan programs specifically customized and suited for your specific needs and challenges. Here are some of the properties we finance and the products we offer.

Properties:

• Single Family Residences
• Condominiums
• Duplexes, Triplexes, and Four-Plexes
• 5+ unit Apartment Buildings
• Vacant Lots
• Land Parcels
• Small Shopping Centers and Office Buildings

Type of product:

• Jumbo, Conforming, Sub-Prime, and FHA Loans
• 40, 30, 20, and 15 Year Amortized Fixed Rate
• 2, 3, 5, 7, and 10 Year, Initial Fixed Rate
• 1 Month, 6 Month, and 12 Month Adjustable Rate Mortgages (ARM)
• ARM Loans Tied to COFI, T-Bill, LIBOR, MTA, and Prime Rate Indices
• Interest Only Loans
• Owner Occupied and Investment Loans
• First Trust Deed, Second Trust Deed, and Home Equity Lines of Credit
• A-Paper Loans: These loans are designed for borrowers who would not have any major challenges on their credit history.
• Sub-Prime Loans: Borrowers with Bankruptcies, Foreclosures, Repossessions, Collections, Credit Derogatory, and Low Credit Scores may take advantage of this type of loan. If you have any of these challenges, please don’t hesitate to call one of our Loan Officers.

Specialty Loans:

If you have income or asset challenges, you may qualify for one of these loans:

• Full Document Loan: If you have no challenge documenting your income and assets, you may take advantage of this program for lowest interest rates and fees.
• Stated Income Loan: If you have difficulty showing a consistent history of sufficient income on paper to qualify for their requested loan amount, you may use this type of loan program. This program is ideal for self-employed, commission-only, cash earners, and free lancers.
• Stated Income & Stated Asset Loan: In addition to income challenge, borrowers with challenges proving history of necessary assets in their bank accounts may apply for this type of loan program. This program is ideal for self-employed, commission-only, cash earners, and free lancers with little or no assets.
• No Income, No Asset, & No Employment Loan: Under this program you do not divulge any information about assets, income, or employment on your loan application. This program is ideal for unemployed people who have the means of affording the house payment and housing expenses.

About these loans….

Not all the loan programs are available on all the loan products on all properties. Every loan is customized.

Some loans require NO DOWN PAYMENT. Other loans may require 40% down. Some maybe offered at no cost to you while others may require significant fees.

Your next step?

We recommend you talk with one of our professional loan officers to help you find the loan that is best suited to your needs. To do so click on OUR TEAM and choose among our professional Loan Officers. We have included their profiles and photos for your review.