We Specialize in the following types of loans:

• Conventional
  
• FHA
  
• VA
  
• Cal-Vet
  
• Sub-Prime
  
• Construction
  
• Self Employed OK
  

Loan Basics

There are many loan products designed to meet the borrowers individual criteria. Most of these products fall under a few basic loan types.

15-Year, 30-Year and 40-Year Fixed Rate
Payment and rate stay the same from start to finish

5 and 7 Year Balloons
Lower start rate. Some of the balloon programs may be converted to an adjustable rate or a fixed rate af ter the 5 or 7 years, with very low fee and attractive rate

Adjustable Rate Mortgage (ARM)
Lowest start rate Adjusts either every 6 months or every 12 months depending on program and grade and is based on the economy.

3/1, 5/1 and 7/1 Fixed Rate
Rate is fixed for the first 3, 5 or 7 years, then shifts to an adjustable rate mortgage (ARM).

Loan Checklist

The following items are critical to your loan being completed in a timely manner. Please provide the following items if they apply to you:

• Tax returns for the past 2 years
• Most recent pay stub
• Most recent bank statement(s) (note: internet statements are not accepted)
• Retirement or investment account statements (mutual funds, IRA's, etc.)
• Estimated proceeds from the sell of your current home
• Name and phone number of insurance agent (for homeowner's insurance)
• Complete copy of bankruptcy papers including discharge
• Divorce decree and/or separation agreement
• Proof of child support
• Veteran certificate