Associate Mortgage's Logo & Slogan: A Solid Foundation - Real Estate Financing, Loans and Mortgages for purchases and refinancing of all types of real estate in Florida

(888) 431-6387
(561) 228-8563
(718) 701-5127

Apply Now OnLine: Secure Mortgage Application for Purchase or Refinance of Real Estate in Florida and New York Contact Us About Florida Mortgages for Purchase or Refinancing Your Real Estate Print this Page for Your Personal UseBookmark this Page so you can come back quickly

Types of Loans

A Few Types of Loans in Florida...
Just a Few

If you don't find the product you are looking for contact us, all the loan types and products are not listed here. Get in touch with us for a recommendation or quote for a product you want...

  Adjustable Rate Mortgage
  Balloon Mortgage
  Fixed Rate Mortgage
  Low or No Down Payment Mortgage
  Reverse Mortgage

If you don't see what you want, just ask!

Apply Now

BALLOON

7-Year Balloon Mortgage:
Offers monthly payments based on a 30-year amortization, with a rate based on the shorter term of the loan, which is due in full in 7 years.
 
5- and 7-year Balloon or Resets
 

REVERSE

The Home Keeper Mortgage:
Serves as an adjustable-rate conventional reverse mortgage that allows homeowners age 62 and above to borrow against the value of their homes and receive the proceeds according to the payment option they select.
 Apply Now OnLine: Secure Mortgage Application for Purchase or Refinance of Real Estate in Florida and New York Back to Top 

FIXED RATE

Biweekly Mortgage:
Allows borrowers to make payments every 14 days instead of once a month, providing faster amortization of the loan.
Expanded Approval with Timely Payment Rewards (EATPR):
Available via Desktop Underwriter for consumers who are currently paying more than fair market value for the credit quality associated with their loan or for borrowers with minimal funds for a down payment or closing costs who may have had minor credit problems in the past.
Fannie 3/2®:
Offers underwriting flexibilities that include a 3 percent down payment and one month's cash reserves at closing.
Fannie 97®:
Requires a 3 percent down payment from the borrower's own funds, requiring cash savings in reserves of only one month's mortgage payment after closing.
Interest First:
Allows consumers who want a lower monthly payment with the stability of a 30 year fixed-rate mortgage to make interest-only payments for 10 or 15 years, followed by a fully amortizing period of 15 or 20 years.
Pledged-Asset Mortgage:
Enables homebuyers to borrow up to 100 percent of the sales price of the home when there is a pledge of a stable financial asset.
Simultaneous Seconds Mortgage:
Allows borrowers a payment lower than a high-LTV first mortgage and offers one-stop secondary market execution for both first and second mortgages.

Apply Now OnLine: Secure Mortgage Application for Purchase or Refinance of Real Estate in Florida and New York

Freddie Mac 100 Streamlined Purchase for Homeowners

A-Minus

Affordable Merit Rate

Affordable Gold

Alt 97

Financed Permanent Buydown


ADJUSTABLE RATE

Fixed-Period ARM or Hybrid ARM:
Offers a competitive note rate, plus an initial fixed-rate -often for a multi-year period, to protect against rapid interest rate increases.
Interest First Fixed Period ARM:
 
Pledged-Asset Mortgage:
Enables homebuyers to borrow up to 100 percent of the sales price of the home when there is a pledge of a stable financial asset.
Six-Month LIBOR-Indexed ARM:
Offers borrowers a mortgage with an aggressive initial rate plus protection against wide swings in interest payments. Libor in general gets better investor appetite than some other indices due to reduced basis risk to investor funding base.
Two-step Mortgage:
Pairs the benefits of shorter term pricing with the stability of longer term financing.

Cost-of-Funds Rate-Capped ARMs

Treasury-Indexed Rate-Capped ARMs

LIBOR Rate-Capped ARMs

LOW or NO DOWN PAYMENT

Flexible 100:
Allows a no-down payment option for borrowers with minimal funds for a down payment.
Flexible 97:
Permits a low (3%) down payment option for borrowers with minimal funds for a down payment.

These are a few of the programs that Associate Mortgage can provide. Remember, if you don't see what you are looking for, just ask!

 Apply Now OnLine: Secure Mortgage Application for Purchase or Refinance of Real Estate in Florida and New York Back to Top 

Page Updated: 07/31/2007

 

Your Broker

Photo of Elise Altergott, Principal Broker

Elise Altergott
Principal Broker

Democracy Now! Unbiased News - Without Boundaries

[_includes/13_chat_box.htm]

 

Copyright 2001 - 2006.           Associate Mortgage SM            Equal Housing LenderEqual Housing Lender           All Rights Reserved.

LINKING to any page on this site requires the express written consent of the owner. You may obtain permission by contacting the Webmaster . FRAMING is NEVER allowed and will result in potentially negative repercussions.
 
Hosted & Maintained by Web-Design-Commerce.Com