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Loan Programs

All Pacific Mortgage offers a variety of loan programs to fit your needs.  Whether you’re looking to buy your first home, invest in a real estate portfolio, or refinance, our skilled mortgage advisors will help you find the program that best suits you.

Types of loan programs:

Conforming/Conventional

Conforming loans offer buyers lots of flexibility. From low down payment requirements, to various mortgage insurance solutions for borrowers placing less than 20% down, confirming loans allow some of the most completive solutions in the mortgage industry.

Key features

  • Down payment as low as 3% for qualified borrowers

  • No mortgage insurance is required with 20% or more down payment

  • Flexible loan terms based on 30, 15, and 10 year repayment plans

  • Mortgage insurance payment options (monthly, financed, or paid up front)

  • Low rates and fees

  • Fixed and adjustable rate options

 

FHA

FHA loans are government backed programs designed for borrowers with low down payments and offers flexible qualification requirements.

Key Features

  • 3.5% minimum down payment

  • Competitive rates and fees

  • Lower credit rating requirement

  • Debt-to-income flexibility

VA

The Veterans Administration allows qualified veterans or active military the ability to purchase with as little as 0% down.

Key Features

  • Must be qualified veteran or military personnel

  • No mortgage insurance

  • Low rates and fees

  • Flexible qualifications

USDA

Borrowers seeking rural property can enjoy the benefit of a 0% down payment with a USDA guaranteed loan. Borrowers must meet income requirements and purchase within an eligible USDA territory.

Key Features

  • 100% financing

  • Low monthly mortgage insurance

  • Flexible mortgage qualifications

Jumbo

Jumbo loans are often a great option for those looking to finance a higher priced home. Jumbo loans are loans that are beyond the maximums of conventional loans, which is typically $484,350 . 

Rehab

Do you have your eye on a fixer upper? A rehab loan could be a great option for you to finance your renovation expenses into your loan, versus using precious savings. This is a great way to utilize equity in the home that you'll obtain through a little vision and your renovations. 

Construction

Looking to build a home or to do an addition, a construction loan may be a great fit for your loan needs. Construction loans are typically short-term loans, yet give you the time and money you need to accomplish your build. 

Other Specialized Loans 

All Pacific Mortgage prides itself on being able to customize loan packages based on your needs. We are often able to identify loan programs that get the borrower to the finish line, where oftentimes other mortgage companies cannot. Contact us today to see how we can help find you a lending solution!