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Include A List Of Services That Your Visitors Might Find Useful

By Jim Pendleton Mr MortgageTM

  Mortgage Programs!

  Mr. Mortgage Home Page Click Here  

  There are many other types of mortgages for different situations besides those listed here, we have over 1400 Mortgage Programs so call for your special situation of interest to you.

See below, a PARTIAL list...
 

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Extremely Low initial payment, first 5 or 10 years, then P and I start. 

Lower Initial payment, fixed product, you know when rate will increase, good for first time buyers, you qualify based on initial lower payment rate ... 

Minimum 50,000 Max single family $322,700; 2 family $413,300; 3 family $499,300; 4 family $620,500 

This is where the mortgage purchaser doesn't ask your income or how much you have in the bank, this program requires good to very good credit, and employment is still verified but no income questions are asked. 

 

We have many programs for first time buyers that allow 103% financing. Which means You can put 3% down, and we give you the money put down can be used to cover closing costs, as well as the seller "chipping in" another 3% above the purchase price of the property. 

  • FHA 
  • Mortgage Loans 

FHA stands for Federal Housing Authority, which administers and guarantees these loans. We are one of the largest producers of these loans and can guide you into which program is best for you. They are full income full asset loans and will do fair credit as well as discharged bankruptcies, and have standard rates for sometimes below standard credit with a legitimate reason for the problem, and the problem has been taken care of. 

  • FHAStreamline Mortgage Loans 

This program reduces the current rate you are paying on your existing FHA loan, with no appraisal or income check.Any costs paid from proceeds, no out of pocket required 

VA (Veteran Administration) Mortgages are for all who have been honorably discharged and have many special benefits such as ....... 

SONYMA (State of New York Mortgage Agency) Fixed Mortgage. You may qualify for a larger mortgage with less income, and get the home of your dreams now! First time buyers only, rates as low as 4.75% fixed. There are income and mortgage ceilings and purchase price limits. Low interest rates are fixed for the term of the loan and the down payment must be 3% or greater. In the event the residence is sold within the first ten years, there can be a prepayment penalty and equity sharing associated with this type loan. PMI (Private Mortgage Insurance) is required if the equity down payment is below 20% We are a direct underwriter.. 

A shorter rate with usually lower rates than 30 year programs ... 

A shorter rate and a standard term with usually lower rates than 30 year programs ...  

A shorter rate with usually lower rates than 30 year programs ... 

Used mostly for re-finances when lower rates make payment sense, since you are eliminating years off your payment and still have a lower payment than the current 30 year program you have... 

A basic product that fits most budgets ... 

Designed for the situation when a slightly lower payment will make your dream house a reality ... 

Usually lower start rates and historically lower than most fixed rate programs... 

Usually lower start rates and historically lower with longer payback period than most fixed rate programs... 

  • CONSTRUCTION 
  • LOANS with fixed or adjustable rate mortgage take-out 

CONSTRUCTION LOANS with fixed or adjustable rate mortgage take-out We have a variety of programs, including our most popular consumer program with only one closing and lower rate option ... 

Commonly referred to as HELOC loans (Home Owner Line Of Credit) as well as Fixed Lines ... 

We have special investor programs for owners of large amounts of properties ... 

ALL Types considered $100,000 and up NO Limit ... 

Specially designed package 2 to 4 units and mixed use financing available ...ALSO apartment and high-rise funding available... 

CO-OP (Cooperative Units) require special funding, which we are one of the largest funders in the USA, since you don't own your property, You own shares of stock distributed based on the value of your apartment ... 

First and Second Liens (mortgages) come in many different types and we have them all ... 

Condo funding requires additional stipulations that we are specialists in and have the most competitive rates available ... 

& MANY MORE, CALL FOR THE LATEST PROGRAMS! 

 1-631-451-7400 Live 1-631-451-7400 

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  • Call me today - Jim Pendleton - I can Help, call NOW! 

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