Mortgage Programs & FAQs
Articles and Information for Mortgage Loan Programs
LoanPeople offers fast closings for purchase loans with constant communication to all parties throughout the loan process. We are grateful to serve you.
Reasons to refinance: reduce rate and/or loan term, remove mtg. insurance (PMI), receive cash back for debt consolidation and home renovation.
What makes a mortgage an FHA loan? What credit scores are required to obtain an FHA loan? What are the primary benefits of an FHA loan? What are the downsides of an FHA mortgage? View FHA Loan Limits in Austin, Dallas, Houston, and San Antonio.
Freddie Mac began surveying rates in 1971 and mortgage rates today are still at historically low levels. Now is a great time to buy a home or refinance your current home mortgage.
USDA Guarantee Rural Housing program provides financing for qualified borrowers purchasing eligible homes. Properties must be located in an area defined as rural by the USDA. Income-producing properties do not qualify. USDA home loans are popular.
VA Loans FAQ – VA Loans offer 100% Financing options for military personnel & veterans.* Every day, military personnel and veterans enter the real estate market, unaware there is a financing option exclusively for them.
In-house condo underwriting streamlines the loan process for condos new, old, and everything in-between.
Loan options for non-warrantable condominiums with a smooth process for customers, agents, and developers.
Options for investors with more than 20 financed properties. Two and three-week closings available for most transactions.
Loan products for customers using assets toward qualifying income calculation. Purchase and refinance loans.
Financing options for closing in an LLC. More products, more solutions, close on time.
Leaman Team rolls out the red carpet for Jumbo clients and avoid the “big bank” maze. Quick closings available for most loans.
Finance your jumbo mortgage with LoanPeople and experience award-winning service from application to closing.
LoanPeople offers jumbo products, including for investment properties. Great rates, on-time closings.
Non-QM loan products available for out-of-the-box financial situations. Purchase and refinance loans.
Debt-Service Coverage Ratio (DSCR) products use rental income for loan qualification. Purchase and refinance.
Wide range of options for transactions in need of a second loan balance.
Loan products for transactions using bank statements to fulfill doc. requirements.
Loan products for borrower(s) with ITIN and foreign national residencies.
Home loan products for Conventional, FHA, VA and more reno solutions.
Approved lender for Down Payment & Mtg. Credit Cert. (MCC) programs.
Tap home equity for home repairs, debt consolidation & more!