Our programs for purchases or refinances
Why Brokers are Better
If you enjoy saving money and having choices than you have come to right place. The biggest advantage of working with a mortgage broker is that we don’t work for a bank, we work for YOU, the consumer. Rather than being constrained by a single investors’ offerings, we work with a vast network of investors and can shop dozens of them simultaneously for the best rate. We pass that savings along to you and empower you with choices.
A fixed-rate mortgage has an interest rate that remains the same for the life of the loan. Your principal and interest will remain the same for the length of the loan.
They are fixed rate 15 or 30 year loans insured by the Federal Housing Administration. They feature more lenient credit requirements and only require a 3.5% down payment.
With an ARM, the interest rate stays fixed for a defined period of time; at the end of the defined period, the interest adjusts according to an index.
The US Department of Veteran Affairs guarantees these loans. They are for the purpose of helping those who have served our country get into homes without a down payment.
These are fixed rate mortgages that fall within the limits and guidance set by Fannie Mae and Freddie Mac.
USDA loans are backed by the US Government and are intended to help people purchase homes in rural areas and oftentimes do not require a down payment.
With an FHA-Insured 203K mortgage you can buy a “fixer upper” and roll the renovation costs into the loan.
A jumbo loan is any loan that exceeds the limit set by Fannie Mae and Freddie Mac for conventional mortgages.
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Elliott Bowman
(206) 949-5563
NMLS # 1982189
CO License # 100517635
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