Integrity First Financial offers a variety of loan programs to meet your needs. We work with the leading lenders in the industry to provide:
 
Conventional Loans
FHA Loans
Alternitive Loans
Payment Option Loans
Non Prime Loans
Private Money Loans
Equity Lines of Credit
Second Mortgages

Conventional Loans

Conventional or Conforming loans are the most common loans.  These are the loans purchased by Fannie Mae and Freddie Mac.  We provide these loans with a variety of options for different situations.

Term: 30 years   Maximum Amount: $417,000
 

These Loans come with many different options, fixed or adjustable rates, interest only or balloons, from 5 to 40 year terms.  These loans are popular because they have a no fee option for loan amounts above $150,000 where ALL closing costs are paid on your behalf for a truly "no cost" loan.


FHA Loans

FHA loans are ideal for first time home buyers and people with little or no credit or even slightly bruised credit.

 

FHA Loans come in fixed and adjustable rates up to 30 year terms.  These loans are popular because they are assumable and they can be easily streamlined to a lower rates if rates fall.


Alternitive Loans

These loans are the most flexible with little or no documentation required.  The fill in the gap where Conventional loans won't meet the need.

 

These loans come in fixed or adjustable rates and with various repayment terms.


Payment Option Loans

These loans are quite complicated and not recommended for most people.  We offer these loans upon request but don't generally recommend them.  These are the loans you see in the advertisements for the "1.00% rates"  This is deceptive... Is anyone really going to lend you money at 1%?

 

There is a reson to do this loan and that is for pure payment flexibility.  We would be happy to help you understand this loan to see if it is really right for you.


Non Prime Loans

These loans are typically for those that have impared credit.  They generally come with higher rates and pre-payment penalties.

 

The most common loan is the 2/28.  It is fixed for 2 years and then it goes adjustable. 

These loans are for people that have run into trouble but need a loan still and expect their situation to improve in the next 2 years.  At that point if good credit has been maintained, we can usually refinance into one of the more preferred conforming or FHA loans. 

These loans normally come with a 2 year prepayment penalty which can be bought out.  The payments generally go up after 2 years so one needs to be committed to rebuilding their credit. 

 


Private Money Loans

Private money lending decisions are made by the person or company that has the money to lend.  They decide on the risk they are willing to take and the terms of repayment.  They usually are for shorter terms and can be closed quickly to get someone out of a bind or to help a borrower sieze a great opportunity when they can't access needed funds right away.

 

Integrity First in unique among Mortgage Brokers because we have our own money to lend and we make almost instant decisions about whether to lend and how much to lend.


Equity Lines of Credit

These loans are great to have in your "back pocket" in case you ever need any money fast or you want to put a down payment on another investment property.

They can even be used as a financial tool to help eliminate debt.  Please contact us and we can answer your questions about these handy loans.

These loans have adjustable rates usually based on the "prime rate index".  You pay interest on only the money you borrow and they can be drawn upon or paid back at any time.

 


Second Mortgages

These loans are usually taken out when rates are higher on first mortgages than your current mortgage but you need to draw on the equity in your home.  The rates on these loans are fixed and the payment terms are the same each month.




Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $417,000 for the contiguous states, District of Columbia, and Puerto Rico or below $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $417,000 with closing costs of $8,340. Jumbo Loans (whose maximum loan amount exceed $417,000 for the contiguous states, District of Columbia, and Puerto Rico or exceed $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $1,000,000 with closing costs of $20,000. Your actual APR may be different depending upon these factors.