Blanket Loans*
– Lend on multiple properties with one loan
– No contingent offers
– 1 closing and 1 payment
– No time limit on sale of existing home
– Ability to stay in existing home while in construction period
– Interest only options available*
Construction Loans*
– Ability to bring your own builder
– Interest only payments during construction period (typically 9 -12 months); 9 months with a one-time 3 month extension
– Up to 90% loan-to-value financing available*
Non-Warrantable Condos*
– Condo questionnaire is not required
– 20% down payment on investment (if it is going to be a primary, can do 10% down)**
HELOC*
– Home Equity Lines of Credit up to 80% loan-to-value
– Can do HELOCs on investment properties, commercial, vacant land in some cases
– Blanket HELOCs cover multiple properties up to 75% loan-to-value*
– Can utilize a Blanket loan so you can live in your current home until the new
ARMs*
– 1, 3, and 5 year ARM options
– Interest only options available
– Can amortize 10-30 years on ARM
Investment Properties*
– Purchase with 20% down
– Commercial properties
– Capable to use with a Blanket loan
– Can close as a business*
Lot Loans*
– Financing up to 75% is available*
– Able to combine with our construction loan
– Can do lot/land loans for builders who are looking to develop the land
– Raw land loans up to 65% available
Commercial Loan*
– Capable to lend on multi unit apartment buildings, strip centers, and mixed use properties
– Can be used with Blanket & Renovation loans
– 25 year amortization
– Up to 80% loan-to-value financing available*
– Option of 1, 3, and 5 year ARM
