Residential Loans
Mountain Financial Mortgage Group offers a full menu of Residential Real Estate loan programs for our customers to choose from.
Conventional Home Loans
FHA - Federal Housing Administration
VA - Veterans Administration
USDA - Rural Home Loans
Investment Property Financing
Jumbo Loans
Reverse Mortgages
Portfilio Lending
Conventional Home Loans
Purchase and Refinance
Fixed rates with flexable loan terms
Adjustable Rate Mortgages (ARM)
Interest-only payments available
Owner Occupied, Second Home, & Investor loans
Low Downpayment loan options
First-time homebuyer programs
FHA - Federal Housing Administration
Purchase or Refinance Primary Residence
Minimum down payment of 3.5%
Minimum credit score of 500
Debt to income to 55%
Down payment gift okay
Non-occupying co-borrower okay
No credit score with Alternative Credit Program
VA - Veterans Administration
100% financing for eligable Veterans
Purchase or Refinance of Primary Residence
Minimum credit score of 500
Debt to income to 55%
Cash out refinance to 100% of value
Non-traditional credit okay
Investment Property Financing
Qualify based on cash flow of subject property
Bank statement program available
Purchase and refinance
Cash-out refinance available
No limit on number of financed properties
Jumbo Loans
Loan Amounts to $$-million
Purchase or Refinance
High loan to value
Cash-out Refinance
Flexible credit guidelines
Primary Residence / Second Home or Investment
Single family 1-4 Unit / Townhome or Condo
Reverse Mortgages
For purchase or refinance
No monthly payments
No credit or income needed to qualify
Must be 62 years or older
Borrower stays on title of property
Primary residence only
Single family 1-4 Unit / Townhome or Condo
Portfolio Lending
Relaxed underwriting guidelines
Can qualify based on bank statement deposits
Higher loan to value limits
Purchase / Refinance / Cash-Out Refinance
Available for all types of credit