Adjustable Rate Mortgages, or ARM loans, available as 10/1, 7/1, 3/1 ARM programs and also available as 1 month, 6 month, or 1 Year loans, have a lower initial monthly payment than Fixed Rate Mortgages, and also have a lower payment over a shorter period of time. Rates and payments may go down if rates improve, and you may in time qualify for higher loan amounts. However, ARM loans are more risky, with the payments changing over time, and there is a potential for high payments if the rates go up.

Balloon Mortgages are available as a 7 year loan which has a lower initial monthly payment, or a 5 year loan which offers lower payments over a shorter period of time. There is a risk of rates being higher at the end of the initial fixed period, and a risk of foreclosure if you cannot make balloon payments, or if you cannot refinance, or if you cannot exercise the conversion option. Many balloon mortgages offer the option to convert to a new loan after the initial term.

With Stated Income Programs you don't need to verify income, though there are slightly higher rates, the loan is subject to faster approval. This type of loan/mortgage is perfect for business owners.

No Point No Fee Programs have no closing costs, but higher rates.

Home Equity Line Of Credit: With this loan you only borrow what you need, though the rates can change. The maximum interest rate is normally high, bur you pay interest only on what you borrow. Payments can change; there is flexible access to funds. Its harder to refinance your first mortgage, and the interest may be tax deductible.

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

• Purchase a house with 0 down borrow up to 103% of the purchase price
• 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!