Ed's Blog

Need a loan that's not plain vanilla? Here are some ideas for you:

1) FHA and VA loans still provide low down payments and low rates. Have great income and little or no money for a down payment? Contact us. We can set you up with one of these great loan programs (must be a qualifying Vet to get VA loans). Or we’ll show you how to qualify with gift money and other creative (and legal!) down payment solutions.

2) Jumbo loan rates and programs are shockingly good! We have some killer rates for loans up to $2 million. The variety of programs and the rates available are almost as good as high balance conforming loans. Down payments can be low as low as 20%. And for loans up to $5 million, there are some awesome five year fixed rate programs.

3) Securities Based Loans. Borrow against securities portfolios for 3, 5, 7, and 10 years at fixed rates starting as low as 2.5% to 4.5%. If you have a nice portfolio of publicly traded stocks, bonds and other marketable securities, you may be able to borrow money quickly (usually within 15 business days) without having to qualify personally and without having to qualify the property. And you don't have to be a US citizen or have a visa, etc. Wow!

And by the way, interest rates on plain old conforming and high balance conforming loans are great! You may want to refinance, or refinance again. Contact us and we’ll run the numbers for you!