| "With our active lifestyle, we needed a mortgage broker that could make the process simple" |
 Registered Mortgage Broker N.Y. State Banking Department |
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| Loan Programs | Product Highlights | |
| Fixed Rate Mortgages | ||
| 30 year fixed | ||
| 15 year fixed | A mortgage having a rate of interest which remains the same for the life of the mortgage | |
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| Adjustable Rate Mortgages | ||
| 10/1 ARM | ||
| 7/1 ARM | All of these mortgage loans are periodically adjusted | |
| 5/1 ARM | The initial interest rates are lower to coincide with current lending rates | |
| 3/1 ARM | ||
| 1 year ARM | ||
| No Income Verification Programs | ||
| No need to provide proof of income | ||
| No Income/No Asset Verification Programs | ||
| No need to provide proof of income or assets | ||
| No point Programs | ||
| Less money required to close | ||
| Poor Credit Programs | ||
| Loan programs available despite low credit scores, late payments and or other credit related programs | ||
| Interest Only Programs | ||
| Lower introductory rates - Higher Loan to Value option | ||
Other programs offered:
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No money down / Gift programs |
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Second Home / Vacation Home |
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Self-employed |
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Foreign national loans |
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Home Equity lines of credit and loans |
How do you choose
which loan is right for you? Consider these questions:
| Do you have limited funds for the down payment? |
| Are you buying your second (or third) home? Are you buying a high-priced home? |
| Do you have special circumstances like less than perfect credit or a "non-traditional" employment history? |
| Should I refinance? |
Why use a
mortgage broker?
| In order to get low rates |
| To select a lender that will be SURE to approve you |
| To work with an experienced mortgage consultant |
| To cut through the increasingly high paper demand that lenders now request |
To begin the process download the application and...
Contact your Oxford mortgage consultants about these and other special types of mortgages that fit your specific financial situation.
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Copyright @2002 Oxford Wellington Co., Ltd
