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
As you are aware, there has and will continue, mortgage companies going out of business. I will assure you that Prosperity Mortgage will continue to offer mortgage financing along with very attractive loan products to choose from.
As many of you that purchase a home in the last 3 years. Many of you elected to go with 100% financing with a 1st and 2nd trust loan on a 5 year loan. Now be the time to refinance your mortgage into 1 mortgage to avoid the following happening in the future months to come.
- Increased interest rates on both 1st and 2nd trust loans
- Increase monthly mortgage payments
If you have fallen behind on mortgage payments, late payments reported on your credit report, and low credit scores. We still may be able to help you refinance your current mortgages into one loan avoiding increased interest rates and payments.
Prosperity Mortgage is now offering a mortgage product that will allow you combine both your 1st and 2nd trust mortgage into 1 loan with only have 5% value in your home WITHOUT HAVING TO PAY MORTGAGE INSURANCE. For additional information on how I may be able to help your lower your mortgage payments call:
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Tom Ellis |
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