It's our task to find you the best loan program and options depending on your current financial situation and long-term financial goals. Using different loan programs, we look for strategies to help you get ahead of the purchase market competition, gain every bit of cash flow when refinancing, or access cash-out equity as smoothly as possible.

For example, lenders may require a couple purchasing their first home to have twelve months payments in their account after closing, whereas another lender may only require three months. That difference in reserve requirement can allow the couple to reach a slightly higher purchase price, which is crucial when making offers in a competitive market. Shopping for lenders for this type of loan takes knowledge of the current guidelines of many lenders.

Although many home loans seem similar, there are slight nuances that set them apart. For example, income requirements vary by lender, even for someone with a steady job history. Lenders offering the same programs can have slightly different income requirements due to their risk tolerance. Regardless of market standards, lenders may have different requirements and calculations for hourly vs. salary, commissions, bonus income, RSUs, and seasonal income. Asset types, property types, employment types, and credit situations can also be factors for shopping loan programs.

Loan programs can range from short-term bridge loans to long-term fixed repayment periods. Different programs can include interest-only repayment periods, temporary rate reduction periods, and adjustable-rate periods. Specific loan programs can be designed to overcome challenges like self-employed clients with too many losses for a traditional bank, specialized purchase loans for move-up situations, low down payment loans for new home buyers, rental cash-flow loans for real estate investors, and no-income loans for retirees or asset-heavy borrowers.