Unconventional Home Loans

We are a direct mortgage lender with a passion for mortgage lending and a wide variety of mortgage programs. Whether you’re a first-time home buyer, a seasoned buyer, a US veteran, or even if you’ve recently experienced a bankruptcy, foreclosure, or a short sale, we have the perfect solution for you.

A conventional mortgage is a home loan that’s not government guaranteed or insured. Down payments are as small as 3%, but credit qualifications are tougher than for FHA loans and other federally.

Unconventional mortgages – the likes of which were criticized for their role in the financial crisis – are making a comeback. These loans are aimed at buyers facing circumstances such as not.

High Balance Conforming Loan Limits California High balance loan limits fhfa announces Maximum Conforming Loan Limits for 2018 –  · In these areas, the baseline loan limit will be $679,650 for one-unit properties, but loan limits may be higher in some specific locations. As a result of generally rising home values, the increase in the baseline loan limit, and the increase in the ceiling loan limit, the maximum conforming loan limit will be higher in 2018 in all but 71 counties or county equivalents in the U.S.California Conforming Loan Limits for 2019, All Counties in. – California Conforming Loan Limits for 2019. In the table below, the "1-unit" column applies to single-family homes. The "2-unit" column is for duplex-style properties with two separate residents, and so on. If you’re buying a single-family home in California as your residence, refer to the "1-unit" column for conforming loan limits.

Now, you can go big and go home! We offer Jumbo loans up to $3 million to purchase or refinance a primary, secondary, or investment property. There are interest-only payment options with extended terms to help meet your needs and make "going big" more affordable.

Unconventional mortgages are intended to help people with unusual circumstances, such as no consistent salary, get a home loan. However, they are considered more risky because they require borrowers.

Back to glossary terms. conventional Loan. A conventional loan is a mortgage that is not guaranteed or insured by any government agency, including the Federal Housing Administration (FHA), the Farmers home administration (fmha) and the Department of Veterans Affairs (VA).

What Is The Jumbo Loan Limit Mortgage consumers looking for more money on a home loan may want to consider a jumbo loan. A jumbo loan, otherwise known as a non-conforming loan, is a mortgage loan of $484,350 or more for a single.

Conforming Loan. A conforming loan is a home loan that conforms to limits set by the federal housing finance agency (fhfa) and meets the funding criteria of Fannie Mae and Freddie Mac, government-sponsored enterprises that purchase mortgages from lenders, providing stability to the housing market.

With a reported average monthly take-home pay of $2,689. been accused of shaking up the housing market and favoring.

Unconventional home loans All About USDA Loans. The United States Department of Agriculture (USDA) offers several different loan types aimed at helping homeowners buy farm property. USDA loans are an affordable option for many families, since most require little or no money up front and credit.

Conventional mortgages are those products not directly backed by the federal government. For instance, mortgages owned by Fannie Mae and Freddie Mac, two large mortgage purchasers, are loans that.

Insured Conventional Loan A conventional uninsured loan is a standardized form of mortgage in which borrowers have solid credit history and can provide a downpayment of 20 percent or more. Conventional Loan Programs A conventional loan is a loan that isn’t specifically underwritten or supported by a government program.