At , our mission is to set a high standard
in the mortgage industry. We are committed to quality, personal
customer service, we always put the people we serve first. We
adhere to the highest degree of integrity in all of our business
dealings. We are a small, family based company who treats each
and every one of our clients like a person, not a number.
At , you can
always count on:
Fast Approvals
We use our top of the line technology to cut down on processing
time and can often give you a pre-approval within hours.
Free Pre-Qualifications and Consultations
Let us help you find the perfect program for you! We have a
variety of programs that are designed to help you, no matter
what your situation is!
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Balloon Mortgages
Balloon loans are short term mortgages that have some features
of a fixed rate mortgage. The loans provide a level payment
feature during the term of the loan, but as opposed to the
30 year fixed rate mortgage, balloon loans do not fully amortize
over the original term. Balloon loans can have many types
of maturities, but most balloons that are first mortgages
have a term of 5 to 7 years.
At the end of the loan term there is still a remaining principal
loan balance and the mortgage company generally requires that
the loan be paid in full, which can be accomplished by refinancing.
Many companies have other options such as a conversion feature
at the end of the term. For example, the loan may convert to
a 30 year fixed loan at the thirty year market rate plus 3/8
of a percentage point. Your conversion can be guaranteed based
on certain criteria such as having made your last 24 payments
on time. The balloon mortgage program with the conversion option
is often called a 7/23 Convertible or 5/25 Convertible.
Compare
Programs
The right type of mortgage for you depends on many different factors. Or, Apply
Now!
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