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 Equity Lending has set out to be a highly regarded, nationally recognized mortgage banking/brokering firm. We are mortgage banking professionals committed to providing financial solutions to make communities better places in which to live and to work by providing superior customer service, innovative products and technology to better serve all our clients. We are currently looking for entrepreneurial minded Loan Professionals to join us. We offer aggressive compensation packages, leads and training to help grow your personal business while hoping to help you attain a higher “quality of life”.
There are many factors affecting interest rates
It is often difficult to accurately predict interest rates as the national economy itself, but we'll help educate our clients to understanding key economic factors that can provide clues to the future direction of interest rates. We'll help them decide which mortgage program is the best for their situation. A mortgage is a major purchase, so it is important to know that you have the right program for you. Today's market offers borrowers a tremendous choice of loan products and new opportunities that never existed before, so it pays to educate yourself on the different types of mortgage programs first.
Choosing the right type of mortgage requires you to review your financial objectives and ask a host of questions, such as:
- How long do you plan on staying in the house or with the loan?
- What amount of monthly payment can you comfortably afford?
- How much money do you have for a down payment?
- Is paying the mortgage off early important?
- Do you intend to make extra principal payments?
- Is my income projected to remain stable or increase?
With over 250 different loan programs to choose from, there's really nothing we can't do when it comes to Mortgage Financing. Here's just a hint of the typical loans we do:
| Conventional (Loans to $359,650) |
1/1 ARM (T-Bill, LIBOR) |
3/1 ARM (T-Bill, LIBOR) |
| 5/1 ARM (T-Bill, LIBOR) |
7/1 ARM (T-Bill, LIBOR) |
10/1 ARM (T-Bill, LIBOR) |
| 10 Year Fixed |
15 Year Fixed |
20 Year Fixed |
| 25 Year Fixed |
30 Year Fixed |
Jumbo (Loans $359,650-$4,000,000) |
| 1/1 ARM (T-Bill, LIBOR) |
3/1 ARM (T-Bill, LIBOR) |
5/1 ARM (T-Bill, LIBOR) |
| 7/1 ARM (T-Bill, LIBOR) |
10/1 ARM (T-Bill, LIBOR) |
15 Year Fixed |
| 20 Year Fixed |
30 Year Fixed |
Sub-Prime (Credit Repair Loans) |
| 2/28 (2 Year fixed) |
3/27 (3 Year fixed) |
5/25 (5 Year Fixed |
| 15 Year Fixed |
30 Year Fixed |
Portfolio Loans |
| Pick-A- Payment Options |
No Income Qualifyer |
No Income/No Assets |
| 100% Loans |
Home Equity Line of Credit |
Home Equity Loans |
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We do credit scores as low as 475!!! Some of these have interest only payment options, as well as a variety of other options to help customize and create the best loan possible to suit your financial needs and situation, in order to live comfortable in your home without the stress of a generic, unfriendly and difficult mortgage.
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