Ready to buy a new home? Need financial assistance? Looking to add on to your current home? Real Estate Resource Home Loans offers a variety of mortgage options for home purchases and mortgage refinancing. With decades of experience in mortgage lending, Real Estate Resource Home Loans is a leader in residential home financing. Browse below for more information about our Residential Home Loans programs.
In addition to these great programs outlined above we have the following loan types available as well. As always please Contact Us if you are in any lending need.
RRHL PROGRAMS
- FHA with a 1×30 on mortgage with a 600 score 1×30 must be greater then 90 days old.
- FHA DTIs to 58.99 back with AUS approval no over lays, Conventional with 620 score to 50% back and to 95% LTV we can get the MI
- HUD owned homes with as little as $100.00 down. Can close with a 203k combo loan
- Manual FHA loans if the loan makes sense.
- No score FHA to 96.5% with alternative trades.
- Refinance FHA 203K full rehab and streamlines DTIs up to 50% back.
- 203K rehab loans stream lines max loan amount $35,000.
- Full 203K rehab loans above $35,000 (we have done these for years we didn’t just start doing them so we know how to structure them to close).. .
- Condo loans to 95% conventional Fannie Mae approved and no right of first refusal 720 score, conventional with the right to 85% as long as it doesn’t compromise the lenders first position. 660 score in Illinois. 640 in Indiana call for details.
- Call me on any condo you have conventional or FHA I have lenders who may do them on exceptions. We have all instructions for FHA association approval.
- Unbeatable conventional loans with a 740 score.
- VA 100% loans. You need to sell this the troops are coming home and it is 100% LTV very hot now
- USDA 100% loans.
- 100% non owner occupied rehab loans (I don’t know of anyone doing these but us).
- 90% LTV with no mortgage insurance.
- Multiple family loans.
- 5 unit and above commercial loans (we have lower rates and better programs then local banks).
- Cash out to 85% LTV FHA.
- Non owner occupied purchase and cash out.
- Mixed use commercial buildings.
- SBA loans to 90% loan to value (owner occ business purchases we do the first to 80% LTV and an SBA 10% second).
- 95% conventional loans SFR (yes we can get the mortgage insurance).
- We are your Jumbo specialists no hits to rate up to $900,000 loan amount. Hits apply to amounts over $1,000,000 to $1,500,000.
- Jumbos to 90% LTV cash out and purchase.
- We are still writing second mortgages to 90% HELOCS and Fixed.
- No Doc loans against investments (stocks, bonds, mutual funds and other securities) funds can be used for any purpose credit and income not reviewed.
- Unsecured personal and business loans (call for details tuff qualifications).
- Manufactured and module homes. Construction loans if borrower owns land free and clear, can do owner and non owner occ loans to build or finish a project. So you can sell vacant land to build in the future. Land loans are tuff call for details
- We have out lets for hard money loans. They must make sense and are expensive loans. (we don’t recommend these but some people are in need of them as there is a market for them)
- We can do credit rescores in as little as 3-5 business days to increase your customers scores to get them into the house of their dreams
These are just some of the loan products we have. Contact a loan specialist at Real Estate Resource Home Loans for more programs or details. We will structure your loans to close. We close loans others can’t because of our experience and knowledge. We are a service based company looking to build long term relationships with all of our customers.
