The following Loan types for purchases and refinances are available today:
- Residential
- Commercial
- Land
- Construction
- 2nd homes
- Investment properties
The following documentation is required for the approval of a loan:
- 2 Photo ID's (Passport and driver's license)
- 2 Bank reference letters
- Tax Returns for the last 2 years
- Last two pay stubs (does not apply to self-employed)
- Asset Verification (bank accounts, retirement accounts, equity in your home, stocks, bonds, etc.)
- Purchase Contract
- Personal Credit Report
- Job reference letter
- Proof of any down payment made
- 25 year term maximum
- 70% of purchase price financing
- Life and Fire insurance required
- 6.25% interest rate ( All non- residents qualify for the same interest rate if approved, rates are not credit score driven)