Non Qualified Mortgage Loans by Compadre Brokers
Every loan counts. That's why we offer make sense loans for those clients that don't meet conforming guidelines.
Underwriting for self-employed borrowers and investment based applicants with loan to values as high as 90%. Bank statement verification of income and declining asset qualification programs allow us to provide common sense lending to an increasingly diverse market.
One Time Close Construction to Permanent Residential Mortgage Site Built
Single close loan home construction including lot purchase. No re-qualification or second appraisal.
Having your home built the way you want is a luxury few home owners ever get, or even think about. Our OTC program makes custom home ownership possible with an FHA loan designed for new home construction.
Jumbo Loans by Compadre Mortgage
Loan programs should be normal where high cost housing is normal. We are pleased to offer Non-conforming Jumbo loans and Agency High Balance loans to $2,000,000 with options to 90% LTV.
Depending on your needs, the Jumbo Loan Program offers a fixed, 15-and 30-year term and 7/1 fully amortizing ARM, as well as an Agency High-Balance Loan. While loan-to-value ratio (LTV) differs based on the program, the program is an attractive option. The Jumbo Loan Program offers multiple options for those looking to finance higher-value luxury properties with agreeable terms.
FHA 203(k) Loan
Your dream home may not look like it at first, but the FHA 203(k) loan may be the answer. Purchase and remodel in a single transaction.
Today's home buyers want move-in ready homes, but they are also drawn to the bargain pricing of the many distressed properties on the market. Many buyers say they don't want a home that needs a lot of work.
Are you repeatedly considering listings you've found for charming older homes but have avoided because of needed repairs? The FHA 203(k) enables borrowers to either Purchase or Refinance their home while including rehabilitation costs in the same transaction.