Contact Us Today!!!
Contact Us Today!!!
Contact Us Today!!!
 
 
 
Types of Loans
Types of Loans
Types of Loans

Conventional Mortgage

These FHLMC/FNMA products range from $417,000, to as high as 729,750, depending on the county in which you live. Expect to pay .25% more for a loan amount above  $417,000, but it's a great "jumbo" rate that you should take advantage of while Federal guidelines have been expanded.

 

Jumbo and Super Loan
For loan amounts that exceed the conventional conforming limits, a jumbo loan may be the solution. We have the most competitive jumbo sources at our disposal through our unique referral  channels. We have relationships with local community banks, credit unions, national banks, and private sources to meet our clients needs.

 

FHA Loan
This popular government-backed program is designed to help home buyers purchase owner occupied residences with only a 3.5% down payment! If you need a co-borrower in order to qualify for your loan, or if you need a gift for 100% of your down payment, plus credits towards your closing costs, then this may be a great loan consideration for you. Borrowers may also refinance their homes over 80% loan to value and take cash out on primary residences with minimal equity. We will let you know if this is the loan opportunity you should seek.

 

Veterans Administration (VA) Loans
VA loan programs are designed to help veterans and active duty military personnel purchase and retain homes in recognition of their service to the Nation. A variety of loans are offered through VA programs up to a maximum loan amount of $417,000. Our loan officers are experienced in helping veterans determine their eligibility for VA loan programs and guiding the loan approval process.

 

USDA Loan

A USDA loan (also called a Rural Development Loan) is a government insured home loan that allows you purchase a home with NO Money Down. USDA Loans offer 100% financing to qualified buyers, and allow for all closing costs to be either paid for by the seller or financed into the loan. USDA offers some the lowest rates of any loan, and you will always have a fixed interest rate.

 
Residential Loan
Residential Loan
Residential Loan
Unless one has a significant amount of cash ready and available in an easy-to-get- to bank account, buying residential property is going to involve financing, which means applying for a residential loan. A variety of financing options are available, with varying degrees of difficulty in obtaining them.

There's a loan for most situations, from custom-built homes to those down on their luck but are looking to buy a first home. However, not all of these residential loans are good and some should be outright steered away from, but financing is possible in many cases.

We here at MOEQUITY, have many years experience with residential mortgages and have built a network of ready available lenders waiting to fund your residential mortgage loan. 

Our goal is to help "demystify" the process for you. We'll help you answer important questions, help you to do your research and plan financially to make the best decision possible for you and your family. By educating yourself on the basics of buying a home before you go house hunting can save yourself a ton of money, time and aggravation.