Mortgage Loan Program Definitions

Credit Profile 1
Good Credit, Fair Credit and Poor Credit

Hard Money Loans

For borrowers with very poor credit sometimes the only option is a hard money loans. As the name implies, this is where consumers go only when they have to. These loans are sent to private investors who charge rates and fees that are substantially higher than the market. All other options should be reviewed before taking such a loan. The benefit is that the process is quicker and easier, and does provide access to cash that would otherwise be unavailable.

Adjustable Rate Mortgage Loan (ARM)
Fixed Mortgage Rate for 2 or 3 Years
Fixed Mortgage Rate for 30 years
Fixed Mortgage Rate for 15 years
Hard Money Loans

Detailed Information (Credit Categories)

Credit Profile 1: Good Credit, Fair Credit, and Poor Credit
Credit Profile 2: Excellent Credit and Good Credit
Credit Profile 3: Reverse Mortgage

General Loan Program Descriptions

Cash Out Financing
Bill or Debt Consolidation
Financing Options for Self-Employed
Home Purchase Loan Financing
Imperfect or Less than Perfect Credit
Home Loan Refinance

Did you Know? Mortgage is one of the most misspelled words in the English language. Morgage company, mortage refinancing, mortguage refinance, home morgages, cash out mortages, motgage companies, second mortagage, bad credit mogage, morage loan, modtgage loans, debt consolidation motrgage and stated income moetgage are some common variations. Please note the correct spelling for future use.