Loan Programs

LOANS TO HELP REESTABLISH CREDIT Which loan is right for you? Whatever your situation, we have a loan just for you. If it's a loan to buy a home, lower your monthly payments, pay bills or improve your credit -- we've got it! Let us show you. CALL NOW. Credit-Building Loans
Loan Programs	Advantages	Disadvantages
Adjustable Rate Mortgage (ARM) 6 month ARM 12 month ARM	Six and twelve month ARMs can significantly lower a mortgage payment for six or twelve months. That can be enough time to catch up on other debt payments and improve your credit rating.	Six and twelve month ARMs can become expensive after the initial six or twelve month introductory period. Chances are, you'll want to improve your credit and obtain a better loan.

Fixed Rate Mortgages 2 year fixed 3 year fixed	Two and three year fixed rate mortgages provide the security of a fixed loan payment and relatively low, fixed interest rate for the first two or three years. For most people trying to improve their credit, two to three years is plenty of time. After two or three years, these loans convert to ARM loans.	Two and three year fixed rate mortgages convert to ARM loans at the end of the fixed rate period. Rates on ARMs can increase. Chances are, you'll want to improve your credit and obtain a different loan before the two or three years are up.

Fixed Rate Mortgages 15 year fixed 30 year fixed	Fixed monthly payment and rate protect against interest and monthly payment increases	Higher interest rate compared to ARM introductory rates Higher rate compared to two and three year, fixed rate loans Fifteen and thirty year loans should generally be obtained if you plan not to move or refinance in the foreseeable future. If you're trying to improve your credit in anticipation of refinancing for a lower-rate loan, consider avoiding these loans.

Private Investor Loans (Hard money)	Fast close Less "red tape" Easy qualification guidelines	Higher interest rate Higher loan fee

Credit-Building Loans