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Loan Programs
Pacific Financial
provides government, conforming and non-conforming loans,
second mortgages, home equity line of credit and refinancing
options for just about every type of finance situation, regardless
of the borrowers’ past credit history. We have an expertise
in providing loans for borrowers with bad credit – try us
even if you have been turned down by other lenders.
| Conforming
Loans
(up to $359,650) |
Jumbo
Loans
(up to $3,000,000) |
- 30
Year Fixed
- 15
Year Fixed
- 5/1
ARM
- 7/1
ARM
- 1
Year T-bill Convertible ARM
- 2-1
Buy Down
|
- 30
Year Fixed
- 15
Year Fixed
- 5/1
ARM
- 7/1
ARM
- 10/1
ARM
- 1
Year Convertible ARM
|
| Niche
Programs |
No/Low
Down Programs |
- 0
Down, Bad Credit, High Qualifying ratios, Super EZ
- Quick
Close - approve loan one day and have documents next
day
- Recent
Bankruptcy/Foreclosure - no seasoning required
|
- 3%
Down - No income limitations, down payment can be
put on credit card
- Zero
Down Program - Closing costs can be gifted or borrowed,
high debt ratios allowed with 720+ FICO score
- Bad
Credit Option - 100% LTV available for FICO scores
as low as 581
- 3%
Down - Only 1% needed from buyer, mattress money allowed,
can use gift money for closing costs
|
| Construction/Home
Equity Loans |
Equity
Line of Credit |
| 3
in 1 Construction/Major Improvement
- Buy
the property
- Build
home or make improvements
- Roll
over to permanent 30 year loan
One
loan
One set of documents
One closing |
- As
low as prime only (currently 6.5%), with no points
and no fees
- Only
borrow and pay interest on what you need
- Line
is available for up to 10 years with a low annual
fee of $25
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