FHA and Conventional Loans ✓ FHA program change: Effective January, 2020 the Federal Government has moved the loan amount up to $765,600 in LA and Orange Counties ✓ FHA is still a perfect lending solution for those who cannot place more than 3.5% down. Ask about how an 80-15-5 loan can allow for 5% […]
Reverse Mortgage Loans Jumbo reverse loans that exceed $2 mil are available Six frequently asked questions about Reverse Mortgage Loans: 1) What is a Reverse Mortgage? And what is the biggest misconception? A Reverse Mortgage allows a borrower to make a payment to avoid equity depletion. It is a government regulated financial instrument that allows […]
Commercial and Multi-Family Loans We have multiple sources for loans on: 1. Properties exceeding 4 units 2. High rise condo buildings 3. Apartment complexes 4. Multi-use commercial buildings 5. Strip centers 6. Single use commercial buildings 7. Live work condos 8. Most non-warrantable condos Call (714) 349-7733 for detailed information and current rates/costs
Bridge Loans Questions and Qualifications: 1) What is a Bridge Loan used for? Bridge Loans allow borrowers to use the equity in a trailing home to secure all or part of the down payment to purchase a new home. 2) What is the advantage of a Bridge Loan? It allows a very qualified borrower to […]
VA Loans (Veteran Affairs) – Certified Military Housing Specialist A VA Loan is a type of mortgage that is guaranteed by the U.S.D.V.A. (United States Department of Veteran Affairs) and may only be issued by qualified lenders such as Ted Learakos. This type of loan is only available in the United States to help […]
