Joel Brant
NMLS: 189546
Jody Brant
NMLS: 189545
Pam Smith
NMLS: 189538
Hunter Copeland
NMLS: 189547
Barbara Hood
NMLS: 189539
Judy Myers
NMLS: 191529
Scott Osborne
NMLS: 192771
Conventional Loans
A conventional loan is a mortgage loan, which is not insured or guaranteed by any agency of the state or federal government.
- Loan limit is up to $417,000.00
- possible to borrow up to $2,000,000
- Jumbo Loans
- Interest-only loans
FHA Loans
First-time home buyers choose FHA loans for their low rates and because they are often easier to obtain.
- lower down payment
- more liberal qualifying formula
- fixed rate
- 1-year ARM loan
VA Loans
If you are active duty or retired military, the Veterans Administration offers a number of mortgage options that could be right for you.
- possible for a veteran to obtain 100% loans
- no down payment
- more liberal than conventional lenders
- now offers a 3-1 ARM
Adjustable Rate
Not planning to stay forever in your new home? Adjustable rate mortgages offer lower rates than 30-year conventional loans.
- guarantees payments for the first 5 years
- lender can offer a fixed rate level
- locking in the interest rate for 5 years
- higher rates & payments after 5 years
7-year Balloon
The 7/23 mortgage is a 7-year level payment ARM that guarantees the payments for the first 7 years.
- guarantees payments for the first 7 years
- lender can offer a fixed rate level
- locking in the interest rate for 7 years
- higher rates & payments after 7 years
Jumbo Loans
Loans in excess of FNMA/FHLMC limits are called jumbo loans and often carry higher interest rates and points.
- higher interest rate than a conforming loan
- wider range of flexibility
- fixed or adjustable
- exceeds $417,000
Self Employed
Ironic as it may seem, sometimes an entrepreneur can run a business but find it nearly impossible to get a home loan.
- highly competitive loan products
- non-conforming loan programs
- First Lenders has what you need
- unusual circumstances
Less than Perfect
We have some highly competitive loan products available for borrowers with less than perfect credit.
- credit score of 580 or higher
- non-conforming loan programs
- highly competitive loan products
- unusual circumstances
