NationWide Loan Experts

Interested in Purchasing a Property?

100's of programs available on certain products and a variety of down payment options including 100% financing.
Since every situtation is unique, we will tailor a program just for you.

We have the following programs available and more:

FIXED RATE MORTGAGES

ADJUSTABLE RATE

FIRST TIME BUYERS

STATED INCOME PROGRAMS

NO POINT, NO FEE PROGRAMS

IMPERFECT CREDIT PROGRAMS

HOME EQUITY LINE OF CREDIT/SECOND MORTGAGE

Which Loan Is Right For Me?

Depending on the years you plan on staying in your house or investment home, these are our basic recommendations.

Years in Home	Recommended Loan Type
1-3	3/1 ARM, 1 YR ARM or 6 Month ARM
3-5	5/1 ARM
5-7	7/1 ARM
7-10	10/1 ARM, 30 Yr fixed or 15 yr. fixed
10 plus	40 yr. fixed, 30 yr. fixed, 25 yr. fixed, 20 yr. fixed or 15 yr. fixed

Fixed Rate Mortgages
	Advantages	Disadvantages
30 year fixed 15 year fixed	Monthly payments are fixed Interest rate does not change Protected if rates go up Can refinance if rates go down	Higher interest rate Higher mortgage payments Rate does not drop if interest rates improve

Adjustable Rate Mortgages
	Advantages	Disadvantages
10/1 ARM 7/1 ARM 3/1 ARM 1 year ARM 6 month ARM 1 month ARM	Lower initial monthly payment Lower payment over shorter period time Rates and payments may go down if rates improve May qualify for higher loan amounts	More risk Payments may change over time Potential for high payments if rates go up

Balloon Mortgages
	Advantages	Disadvantages
7 year 5 year	Lower initial monthly payment Lower payment over shorter period time Many balloon mortgages offer the option to convert to a new loan after the initial term	Risk of rates being higher at the end Risk of foreclosure if you cannot make balloon payment or if you cannot refinance or if you cannot exercise the conversion option

First Time Buyer Programs
	Advantages	Disadvantages
	Lower down payment Easier to qualify Sometimes you may get lower rate	May be subject to income and property value limitations Some programs which have government subsidies may have a recapture tax if you sell the house too early

Stated Income Programs
	Advantages	Disadvantages
	Don't need to verify income Faster approval	Higher rates Higher down payment

No point, No fee Programs
	Advantages	Disadvantages
	No closing costs Less money required to close	Higher rates Higher payments

Imperfect Credit Programs
	Advantages	Disadvantages
	Potential for reestablishing credit if you pay your mortgage on time When used for debt consolidation, you may be able to reduce your monthly debt payment	Higher rates Terms may not be as favorable Harder to get long term fixed loans Loans may have prepayment penalties

Home Equity Line of Credit
	Advantages	Disadvantages
	You only barrow what you need Pay interest only on what you barrow Flexible access to funds Interest may be tax deductible	Rates can change. The maximum interest rate is normally high Payments can change Harder to refinance your first mortgage

Home Equity Fixed Loan
	Advantages	Disadvantages
	Fixed payments Interest may be tax deductible	Higher interest rates than on 1st mortgage Harder to refinance your first mortgage

Besides our standard loan programs, we also have a large number of unique programs to serve your needs:

Purchase a house with 0 down
Piggyback loans 80-10-10 or 80-15-5. No PMI payments even with 5% or 10% down.
Debt consolidation programs
Home Improvement loans
Qualify even if you may have been turned down before!

Contact Form
Fill in the Quick Contact Information below and we will contact you
as soon as possible! No obligation.