USDA Loans
USDA loan is special type of a zero down payment mortgage that eligible homebuyers in rural and suburban areas can get through the USDA Loan Program
Jumbo Loan
Jumbo Loan
Dream Big Jumbo loan gives your customers the ability to borrow more than the traditional loan amounts with a lower down payment requirement.
HIGHLIGHTS:
- 680 minimum credit score
- 43% maximum debt-to-income ratio (DTI)
- Purchase, rate and term and cash-out refinance options available
- Maximum loan amounts up to
- $3M for primary residences
- $2.5M for second homes
- $3M for primary residences
- Maximum loan-to-value (LTV) up to
- 89.99% for primary residences
- 89.99% for second homes
- 89.99% for primary residences
Looking for a Mortgage Loan in Lake Norman / Mecklenburg area?
Mortgage Loan Options
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Conventional
Conventional loans to 95% loan-to-value (LTV) – not us. A 97% LTV is just one of the things that make Newrez’s conventional loans a better choice
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Jumbo Loans
Big Jumbo loan gives your customers the ability to borrow more than the traditional loan amounts with a lower down payment requirement.
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ARMS
An adjustable-rate mortgage (ARM) is a type of mortgage in which the interest rate applied on the outstanding balance varies throughout the life of the loan.
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VA Loans
The Federal Housing Administration and the Department of Veterans Affairs have increased loan limits - meaning you can now finance more
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Refinance Loans
Refinancing is the replacement of an existing debt obligation with another debt obligation under different terms.