Home Financing - Mortgages, Refinancing. Home Loans, Laons

No Money Down Home Loans, Finance up to 100% Loan to Value
Free Home Purchase Loan Quotes. Good and Bad Credit Scores are allowed!


100% Home Financing
No Down Payment VA Loans

Veterans and active military borrowers are the last Americans eligible for 100% home financing options with VA loans. You do not need money for a down-payment if you qualify for a 100% VA mortgage. Our VA lenders specialize in no money down home purchase loans so people can stop paying rent and become homeowners. We offer from 3-4 competing home financing loan specialists from across the country. The main advantage of this type of loan, also known as 100% home financing, is the ability to buy a home with almost no money down. First time homebuyers need all the money they can save because of new home costs like landscaping and buying new furniture. All our home financing specialists are dedicated to finding the right home loan with the best refinance rates, terms and costs.

Take advantage of low interest incentive for new homebuyers with cost effective home loan offers that can help you buy your first home.

  • 100% VA Home Loans for Military Veterans
  • Low Rate Conforming Loans from Fannie Mae or Freddie Mac
  • VA Refinancing available with no equity!
  • Jumbo Home Mortgages for loan amounts above $500,000

If you have a strong credit profile but have limited funds to commit to a down-payment, then 80/20 mortgage is just right for you. Lenders typically require a down-payment of at least 20 percent of the purchase price. If the loan amount is for more than 80 percent of the purchase price, private mortgage insurance (or PMI) is usually required.

You can avoid paying PMI by getting a second mortgage ('piggyback loan') to back up your first mortgage.

The first mortgage is provided for 80 percent of the cost of the home and the 'piggyback' second mortgage is for the remaining 20 percent.

The 80 percent first mortgage can be a fixed-rate (15-year or 30-year), adjustable-rate (usually 5/1, 7/1 or 10/1 fixed period ARM) or interest-only loan. The 20 percent second mortgage can be a home equity line of credit that changes with the prime rate. Combined, the two loans allow you to purchase 100% of your home with no money down.

Home Mortgage Loan Articles

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Home Affordable Refinance Program and 125 Mortgage
When FHA Streamline Makes Sense for Mortgage Refinancing

When Niche Marketing Collides with Fair Housing
Target marketing is a popular technique, but it can lead you astray if you're not careful. Here are some useful tips on how to market to a niche without breaking the law.

When planning your marketing strategy, be sure not to base your marketing decisions on prospective clients' membership – or non-membership – in any of the classes protected by the federal Fair Housing Act or by your state or local fair housing laws, according to the just-released third edition of Real Estate Brokerage Essentials: Managing Business and Legal Issues , published by the NATIONAL ASSOCIATION OF REALTORS®.

Some examples: Don't focus only on Hispanic buyers, to the exclusion of African Americans, Asians, or Caucasians. Don't market your services only to Christians, to the exclusion of people of other faiths. Don't place your listings only in newsletters designed to reach seniors, to the exclusion of families with children.

The rule not to market on the basis of membership in a protected class applies even if the protected class is one the real estate professional belongs to. In general, you'll usually be safe if you niche market in accordance with the rule for composing ads for properties: Focus on the property's characteristics, not those of the prospective buyer or tenant.

Exceptions to this rule include niche marketing to first-time home buyers and clients who are relocating. A niche marketing plan that is based on any of the following property types is perfectly lawful and can be quite effective:

  • Luxury communities
  • Fixer-uppers
  • Condominiums
  • Single-family homes
  • Resort housing
  • Properties in foreclosure
  • Homes on the historic register

 

1st Loan Program Options:

· 3/1, 5/1, 7/1, 10/1, 15 and 30-year Fixed Rate programs

· Interest Only payment option available on 3/1, 5/1, 7/1 and 10/1

LIBOR ARMs

· 15 and 30-year Fixed Rate

· 30-year Fixed Interest Only (10-year interest only period)

· 40 due in 30 options available on 30-year Fixed, 3/1, 5/1, 7/1 and 10/1 LIBOR ARMs

2nd Loan Program Options:

· 30 due in 15 (30/15)

· 15-year Fixed

· HELOC

Request a FREE Mortgage Quote online and learn how a debt consolidation loan could save you over $4,000 per year!

Home Financing Articles:
How to Qualify for a VA Home Loan
Lowest Home Loan Rates Online
Best Bank Mortgage Rates


Loan Programs & Options
Smart Home Mortgage Loans inc. offers many loan programs from the primary lenders in all 50 states. Our lending institutions provide home purchase, second home equity, mortgage refinancing, and refinance loans. Whether you are searching for conventional, non-conforming or subprime refinancing, our company can connect you with the finest financing providers online.

Reverse Home Loans FHA Home Financing FHA Mortgage Refinancing Bad Credit Home Purchase Loans
FHA Loans Consolidate Debt No Income Check Loans Jumbo Mortgage Loans
Interest Only Balloon Mortgage Vacation Homes OK! Cash Out Refinance
New Home Purchase Fixed Rate Mortgages 100% LTV Financing First Time Home Buyers
California VA loans VA Refinancing Adjustable Loans New York Mortgage
Second Home Loans North Carolina Home Mortgage Bad Credit Home Financing Manufactured Home Loans


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