FHA Loans tend to be one of the easiest types of mortgage loans to qualify for because it requires a low down payment and you can have less-than-perfect credit.
Perhaps you feel more at home surrounded by pastures than pavement. Buying a home might be well within reach, thanks to the U.S. Department of Agriculture mortgage program.
Portfolio loans ring true to their name. A lender loans money to a borrower who then keeps the debt on their portfolio to earn consistent interest on the loan.
A construction loan is a short-term, interim loan to pay for the building of a house. As work progresses, the lender pays out the money in stages. Construction loans typically have a maximum of one year and have variable rates that move up and down with the prime rate.
Renovation loans give you the ability to buy a home in need of repairs that might have been out of budget otherwise. Add in the down payment requirements are minimal, and often you get decent interest rates, making it a desirable loan!
Zero down payment loan for borrowers purchasing a primary residence
Zero down payment loan for First responder loan Police, Fire, EMS, RNs, and Teachers under contract.
Zero down payment loan for Certified medical professionals that are purchasing a primary residence.
(Degreed medical professionals only: MD, PA, NP. CRNA, DMD, DO, including those in residency and first-time homebuyers are eligible)
Disclosure: 30-year fixed, 700 minimum credit score, debt to income ratios cannot exceed 38% THE PRINCIPAL AND INTEREST PAYMENT ON A $182,000 30-YEAR FIXED-RATE LOAN AT 7.25% AND 100% LOAN-TO-VALUE (LTV) IS $1,241.56. THE ANNUAL PERCENTAGE RATE (APR) IS 7.591% WITH ESTIMATED FINANCE CHARGE OF $5,070. THE PRINCIPAL AND INTEREST PAYMENTS, WHICH WILL CONTINUE FOR 360 MONTHS UNTIL PAID IN FULL, DO NOT INCLUDE TAXES AND HOME INSURANCE PREMIUMS, WHICH WILL RESULT IN A HIGHER ACTUAL MONTHLY PAYMENT. RATES CURRENT AS OF 02/15/2023. SUBJECT TO BORROWER APPROVAL. RATES ARE SUBJECT TO CHANGE. NMLS 1835820
10% Down investment loan with no private mortgage insurance.
Disclosure: 30-year fixed, 700 minimum credit score, debt to income ratios cannot exceed 38% THE PRINCIPAL AND INTEREST PAYMENT ON A $182,000 30-YEAR FIXED-RATE LOAN AT 7.25% AND 90% LOAN-TO-VALUE (LTV) IS $1,241.56. THE ANNUAL PERCENTAGE RATE (APR) IS 7.591% WITH ESTIMATED FINANCE CHARGE OF $5,070. THE PRINCIPAL AND INTEREST PAYMENTS, WHICH WILL CONTINUE FOR 360 MONTHS UNTIL PAID IN FULL, DO NOT INCLUDE TAXES AND HOME INSURANCE PREMIUMS, WHICH WILL RESULT IN A HIGHER ACTUAL MONTHLY PAYMENT. RATES CURRENT AS OF 02/15/2023. SUBJECT TO BORROWER APPROVAL. RATES ARE SUBJECT TO CHANGE. NMLS 1835820
Construction loans 5% down-primary homes, 10% down-second home, 15% down-investment homes.
Disclosure: 30-year fixed, 700 minimum credit score THE PRINCIPAL AND INTEREST PAYMENT ON A $182,000 30-YEAR FIXED-RATE LOAN AT 7.25% AND 95 % LOAN-TO-VALUE (LTV) IS $1,241.56. THE ANNUAL PERCENTAGE RATE (APR) IS 7.591% WITH ESTIMATED FINANCE CHARGE OF $5,070. THE PRINCIPAL AND INTEREST PAYMENTS, WHICH WILL CONTINUE FOR 360 MONTHS UNTIL PAID IN FULL, DO NOT INCLUDE TAXES AND HOME INSURANCE PREMIUMS, WHICH WILL RESULT IN A HIGHER ACTUAL MONTHLY PAYMENT. RATES CURRENT AS OF 02/15/2023. SUBJECT TO BORROWER APPROVAL. RATES ARE SUBJECT TO CHANGE. NMLS 1835820
Our Mission
Lucrative Home Loans, Inc. understands that buying a home is more than just a transaction: it’s a life-changing experience. We are committed to getting every client the very best rate and loan every single time. Becoming a one-stop-shop and personalized service for our clients’ convenience, was essential to our many years of success.
With our extensive knowledge & commitment, we are your go-to source for mortgage industry insight and advice. Lucrative Home Loans, Inc. pledges to be in constant communication with our clients, keeping them fully informed throughout the entire buying process, along with being fast and efficient. We measure success through the satisfaction of our clients. Creative thinking, long term planning, and quality service have led this company in terms of our success.
We look forward to assisting you in making your mortgage transition smooth and rewarding.
Our Mission
Lucrative Home Loans, Inc. understands that buying a home is more than just a transaction: it’s a life-changing experience. We are committed to getting every client the very best rate and loan every single time. Becoming a one-stop-shop and personalized service for our clients’ convenience, was essential to our many years of success. With our extensive knowledge and commitment, we are your go-to source for mortgage industry insight and advice.
Lucrative Home Loans, Inc. pledges to be in constant communication with our clients, keeping them fully informed throughout the entire buying process, along with being fast and efficient. We measure success through the satisfaction of our clients. Creative thinking, long term planning, and quality service have led this company in terms of our success. We look forward to assisting you in making your mortgage transition smooth and rewarding.
Buying real estate is a process, it requires the right resources to help you make an informed decision toward a very big and exciting transaction. Determination and timely execution make all the difference. Closing loans in 15-30 days makes all the difference. As a mortgage professional I am here to provide you with the tools and knowledge you need to complete your transaction. You are left feeling confident, happy, excited, & taken care of with the outcome of your mortgage transaction. As a mortgage broker I have the ability to shop for you to get you the best rate, and service you desire. With a license in Michigan & Florida, a bachelors in finance, my objective is to work diligently to assist you in meeting your goals and dreams. Please don't hesitate to call or email me!
Buying real estate is a process, it requires the right resources to help you make an informed decision toward a very big and exciting transaction. Determination and timely execution make all the difference. Closing loans in 15-30 days makes all the difference. As a mortgage professional I am here to provide you with the tools and knowledge you need to complete your transaction. You are left feeling confident, happy, excited, & taken care of with the outcome of your mortgage transaction. As a mortgage broker I have the ability to shop for you to get you the best rate, and service you desire. With a license in Michigan & Florida, a bachelors in finance, my objective is to work diligently to assist you in meeting your goals and dreams. Please don't hesitate to call or email me!
