FHA & VA Loans
Federal Housing Administration provides financing for borrowers that qualify under their guidelines. these programs are genrally easier to qualify with a higher amount of monies to finance (hence less down payment) at very competitive rates.
The Various Programs offered by FHA and VA:
| Plan | |
Description |
| 5810 |
FHA Loans (Federal Housing Administration) offers both fixed and Adjustable Mortgage with low down payments to the borrower, FICO Scores as low as 550 |
|
| 5820 |
VA loans programs enables Veterans and active duty personnel to purchase and refinance a home at favorable loan terms.
|
|
| 5821 |
An IRRL (Interest Rate Reduction Refinance Loan) this is a new VA loan made to refinance an existing VA loan. |
Other Programs:
| Plan | |
Description |
| 8000 |
Portfolio Programs: Portfolio Programs are those loans that are funded in house or through Institutional Lenders that provide funding for loans that otherwise could not be sold in the secondary market. These are short term loans, usually interest only. |
|
| 9000 |
Commercial Lending: We offer Commercial Financing through our sister Company Commercial Capital S.F. Corp.
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