Lower your payments, or fund home improvement projects. We’re here to guide you through every stage of your journey by offering a range of funding options for investment and expansion needs. With refinancing solutions available, you’re fully covered to support your financial goals.
Investment and Expansion Funding Options: You're Covered for Refinancing
Refinancing
If you find yourself experiencing a financial emergency, or are wanting to improve your financial situation, mortgage refinancing might be the way to go!
Renew
If your mortgage is coming up for renewal, there are a few things to keep in mind to ensure that you are getting the best mortgage product to fit your life TODAY.
Reverse Mortgage
If you are looking to retire, or have aging parents who are currently facing high debt, ongoing expenses and slowed income, the reverse mortgage can help!
Home equity line of credit
Whether you want to lower your payments, eliminate mortgage insurance, or fund home improvement projects, a HELOC offers the financial flexibility you need. With a range of funding options for investment and expansion, refinancing solutions can fully support your financial goals.
Bad Credit Mortgage
Don’t let bad credit hinder your homeownership dreams. A Bad Credit Mortgage offers the financial solutions you need. Whether you’re looking to lower your payments, consolidate debt, or fund home improvement projects, flexible options are available to help you. Achieve your financial goals and secure the home you deserve.
Private Mortgage
Second Mortgage
Looking for extra funds for investment, home improvement, or a specific need? A Second Mortgage might be the perfect solution. It allows you to tap into your home’s equity, providing the additional funds you need for various purposes.
Self-Employed Mortgage
Are you self-employed and struggling to secure a mortgage due to limited reported income? A Self-Employed Mortgage is designed to help you overcome these challenges. Traditional lending criteria can be tough for self-employed individuals, but we offer flexible options that consider your unique financial situation. Whether you need funds for a new home, investment, or business expansion, a Self-Employed Mortgage can provide the support you need.
Home Equity Funds
Home Equity Funds offer a powerful financial tool for homeowners looking to leverage the value of their property. Whether you’re planning home renovations, consolidating debt, funding education, or investing in a new opportunity, Home Equity Funds provide flexibility and accessibility. By tapping into your home’s equity, you can access substantial funds at competitive rates, tailored to meet your specific financial needs and goals.
FAQ
The approval process varies, but it generally takes a few weeks from application to funding. Factors such as property appraisal, document verification, and lender processing times can influence the timeline.
Typically, you’ll need proof of identity (e.g., government-issued ID), proof of residence (e.g., utility bill), recent mortgage statements, income verification (e.g., pay stubs, tax returns), and details about the property (e.g., appraisal).
A Home Equity Fund allows homeowners to borrow against the equity in their property. It’s typically used for large expenses like home renovations, debt consolidation, or other financial needs.
The amount you can borrow depends on the equity you have in your home, usually up to a certain percentage of the property’s appraised value minus any existing mortgage balance.
Documents usually include proof of identity, proof of residence, recent mortgage statements, income verification (e.g., pay stubs, tax returns), and details about the property.
A Self-Employed Mortgage is designed for individuals who are self-employed or have non-traditional income sources. It accommodates their unique financial situation when applying for a mortgage.
Required documents often include proof of identity, proof of residence, income verification (e.g., tax returns, bank statements), business financial statements (e.g., profit and loss statements), and possibly a letter from your accountant.
A Second Mortgage is an additional loan taken out on a property that already has an existing mortgage. It allows homeowners to borrow against the equity they’ve built up in their home.
While both use home equity as collateral, a Second Mortgage provides a lump sum of money with fixed payments, whereas a HELOC is a revolving line of credit that allows you to borrow as needed and repay over time.
Terms and conditions can vary widely, but private mortgages generally have higher interest rates and shorter repayment periods than traditional mortgages. They may also require additional fees and charges.
To improve your chances, consider saving for a larger down payment, improving your credit score over time, providing a larger amount of documentation regarding your income and assets, or seeking assistance from a mortgage broker specializing in bad credit mortgages.
Testimonials
Each Office is Independently Owned & Operated • Brokerage 13072 | © Copyright 2024 . All Rights Reserved