Alternative
Loan Programs
Loan programs which offer a more tailored approach to lending
for the borrower. These programs may allow for interest-only
payments, no private mortgage insurance, or even the ability
to take advantage of the equity in a home.
Jumbo Loan
Loan amounts in excess of the conforming loan limits. These
loan limits are adjusted annually. Interest rates are typically
higher for these loans.
Low/No
Documentation Loan
Little to no documentation required. Designed for those
who have trouble verifying all their income such as self
employed or commissioned professionals.
Swing/Bridge
Loan
A swing loan enables you to borrow money against the equity
you have built up in your home for the purchase of another
home.
Home
Equity Loan
A home equity loan enables you to borrow money against the
equity you have built up in your home.
Interest
Only
Requires only the interest portion of your payments to be
made. Pay as much or as little principal as you want. Choose
the interest only period of 3, 5, 7 or 10-year that best
suits your fianacial goals.
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