These loans are insured by a government agency, enabling the lender to require little or no down payment and closing costs. Gov't loans can be a good choice for first-time homebuyers who have limited funds or modest income (FHA).   Qualifying guidelines are flexible. Both fixed and adjustable rate mortgages are available for terms up to 30 years.   VA  loans are limited to enlisted military personnel and veterans of the U.S. Armed Forces. FHA/Nehemia Gift Program,  Cash-out and rate/term refinancing available.

These loans are not obtained through a government insured program, such as FHA or VA. The maximum amount for a conforming loan is $252,700. Jumbo pricing is $252,701 to $650,000 and Super Jumbo programs are up to $2.5 Million. Fixed rate and adjustable rate mortgages (ARM's) available.

Conforming Fixed 15, Fixed 30 Year; 1 Year ARM, 3/1, 5/1, & 7/1 ARM's; Conforming Fixed 30/5 Balloon, Fixed 30/7 Balloon w/Refi Option;  FHA 1 Year ARM, 15 Year Fixed, 30 Year Fixed; ALT 97 (3% downpayment); Non-Conforming Fixed 15, Fixed 30 Year, 2/28 & 3/27 ARM's; 80/10/10 & 80/15/5 Purchase. Stated Income loans available on 3/1, 5/1, 7/1, 10/1 ARM's. NO Point/NO Fee loans available, FHA/NEHEMIAH Program, Rehab A Home with HUD's Section 203(k) program, and more.

A true Zero Down,100% LTV program. Borrower can even finance up to 3% of closing closts for a total LTV of 103%. No Homebuyer education required, no income or geographic restrictions. Borrower must have a strong credit profile. Closing costs may be funded by own funds, gifts, unsecured loan from a family member, and up to 3% by seller. Owner occupied Single Family Residence and Condos only (no 2-4 unit properties). Other Zero Down programs available.

The No-Income Verifier, or NIV, loan allows qualifying customers to finance their property without verifying their income or assetts. The borrowers employer is not contacted to verify income. However, customers income as stated on the loan application must make sense for the job tenure and position. Underwriting is based soley on the application, credit profile, and property LTV. Excellent credit history a must.

A Farm Home Loan is administered by the U.S. Department of Agriculture (USDA), which helps individuals and families wanting to locate in rural areas (all of Island County and Skagit County) become home owners. The program allows credit-worthy, moderate income borrowers to qualify for mortgages even without a down payment. Borrowers must have adequate and dependable income and repayment ability and a good credit history with a perfect credit record in the last 12 months. Applicants cannot own an existing home and must plan to occupy the new home as a permanent residence.

Afraid of getting bumped, or possibly, rising interest rates? Want to stay in your home while your new custom construction house is being built? Get a bridge loan! Short-term financing provides you with the down payment and closing costs for your new home. When your current home sells, then you pay back the loan (12 months interest only with no scheduled payments required, balloon payment of original principal balance plus accrued interest due at maturity). It's that simple. A great, hassle-free way to ensure you're able to buy the home you want, when you want.   Eligible properties are single family residences (no condos), manufactured homes, and PUD's. Interest 
rate is typically prime-based 8.250% plus 1%.

A home equity line acts as a revolving line of credit, performing similarly to any standard credit card. With a HELOC, you have a pre-approved credit limit that you don't have to use, but it's available for any purpose, when you need it, without re-applying. The interest rate will be tied to the prime rate (8.250%) and far lower than what credit cards charge. Loan interest may be fully tax deductible. Consult your tax advisor.

Access the capital you need in just a few days through a portfolio lender who does not require excessive documentation or extraordinary loan conditions. Creative approaches to non-bank, equity lending. Fast funding loans are available for purchase money, debt consolidation, to finish construction, or any variety of business uses including loans to estates, trusts, or other legal entities. Loan sizes range from $50,000 to 3 Million. Average loan closes in less than one week. 
No prepayment penalty. All forms of quality residential and commercial real estate collateral considered.