The Road To The Perfect Purchase Loan! Sheryl Arndt 760-486-4225
What are the loan program perimeters you are trying to fit?
- What are your fico scores?
- Are you looking for FHA, Conventional, USDA Rural loans?
- Are you a Veteran? I am a Navy Veteran.
- Are you looking for a low out of pocket expense loan?
- Are you looking for a zero down payment program loan?
- Do you want the lowest interest rate?
- Do you want to buy and include your closing costs in the rate?
- Do you have a large down payment?
- Do you have good, bad or great credit?
- Are you buying a primary residence or an investment?
- Are you self employed or a W2 employee?
- Do you need credit repair?
These are possibly some of the questions to determine which is The Road To The Perfect Purchase Loan program which will best fit your financial needs.
Of course this will be determined by your credit profile, debt to income ratios, fico scores and how much you want to invest into the down payment and closing costs. Your loan program choices will be from FHA, Conventional, VA, CalVet, USDA Rural, CHF Access, CHDAP, 203k loans, Stated Income and many more.
If you have fico scores above 680 there are not any hits to the rate for financing.
FHA from a fico score between 500-579 with 10% down or minimum 580 fico score may qualify FHA 3.5% down or as low as .5% half percent down payment program.
You may consider 3% down conventional from a minimum 620 fico score or even 5% down conventional with NO Mortgage insurance (Lender paid MI).
Self employed loan programs include FHA, Conventional, Stated Income and 12-24 month bank statement programs from 500 fico score and up.
Foreign Nationals with NO US fico score may qualify for Stated Income or depending on what type of Visa down payment varies from 10%-50% down.
The road to the perfect purchase loan is Sheryl Arndt, 760-486-4225
It only takes a few dozen quesitons to qualify and go over your options. Call to qualify and get out shopping for a home of your choice today.
*If you don't have a Realtor, Agent, Broker then let me know what cities/zip codes you are consdiering, minimum number of bedrooms and the maximum payment/price you are looking to achieve and you can be emailed listings to fit your search criteia. I have associate agents all over CA to assist my clients with their home purchase.
Sheryl Arndt, Real Estate Broker - Sr. Loan Officer CA only
REO & Short Sale Specialist
Credit Repair At No Cost
ALL Loan Programs Available
20+ Years Experience
9am till 7pm Monday thru Saturday, Sundays by appt.