Loan Products
Challenged Credit? We Can Help! | Need A Stated Income Mortgage to Purchase Your Home? | FHA's 100% Loan! NO DOWN PAYMENT! SELLER PAYS CLOSING COSTS! | LPMI 5% and 10% | Refinancing Your Loan! | Buying vs. Renting | Home Buyers Guide | Home Equity Line of Credit
95% LPMI (Lender Paid Mortgage Insurance) on mortgages up to $650,000
- Interest only feature may be used on LPMI on both conforming and jumbo mortgages.
- May be used on 30-year fixed rate mortgages.
Example: Sales price $650,000 with 5% as down payment
The Benefits of Using LPMI
- One Loan
- Avoid 2nd Trust High Interest Rates
- Payment Adjustments
- Avoid 2nd Trust Closing Costs
- 1 Statement vs 2 Statements
- Lower Mortgage Payments
Call Tom Ellis Today!
Phone Number: 240-388-7091
10% LMPI (Lender Paid Mortgage Insurance) - 10% DOWN PAYMENT, 30-YEAR FIXED RATE!
- Savings Per Month - $390
- Savings Per Year - $4,680
- Savings Per Life of Loan - $140,400
- Note: Mortgage Insurance is not tax deductible if borrower's income is $110,000 or higher.
|
Call Tom Ellis! |
 |
 |