Want to Buy a Home?
Buy a home
Owning your home can be a rewarding investment on how to allocate your hard earned money. Let us help you get the right mortgage to achieve your dream of home ownership.
Refinance
Are you currently overpaying on your mortgage payments? Let us help you reduce your monthly payment by refinancing your mortgage at the lowest rate possible.
Get advise from our mortgage professionals
Type of financing Available
Bridge loan
Home Equity Line
Home Refinancing
Hard money loans
HUD and FHA Lending
Traditional Mortgage
Thinking about Owning a Rental Property?
Multi Family Properties
Thinking about creating a passive income stream? Investing in multi families properties is a great way to generate another stream of income.
Let us help you find the financing to buy your real estate investment.
commercial properties
Are you thinking about investing in an office building, retail store or medical facility? Obtaining the proper financing can be a deal maker or breaker for your acquisition. Let us help you secure the necessary funds for your investment.
BRIDGE LOAN
A bridge loan, also known as interim financing or gap financing, is a short- term loan used while pending the arrangement of a longer-term financing or removes an existing obligation. These loans are only temporary and are secured by your existing home. Buyers typically use this loan when buying another home before they sell their existing residence. Bridge loans “bridge” the gap when financing is needed but the funds are not readily available in the event of the buyer’s existing property has not yet sold before closing.
HOME EQUITY LINE
A home equity loan is a second mortgage that enables you to borrow against a home’s value if there is enough equity built up, using the home as collateral. For example, if someone owns a home valued at $450,000, and the balance on the mortgage is $365,000. That represents $85,000 worth of equity that can potentially be borrowed against. This loan is a revolving line, so it allows you to borrow multiple times and you only pay interest on the amount you actually use from your line of available funds.
HOME REFINANCING
Refinancing is the process of replacing an existing mortgage in an effort to reduce monthly payments, lower the interest rates, change loan programs or mortgage companies, or withdraw cash out of the home if the equity is available for large purchases. The most common reason people refinance their homes is to reduce their interest rate. A lower interest rate can have a huge effect on monthly payments; this can possibly save you hundreds of dollars a year.
HARD MONEY LOANS
Hard money loans are generally short-term loans secured by collateral; usually an investment property. These loans are typically issued by private lenders or companies rather than a traditional financial institution such as a bank. Unlike traditional loans, the lenders are not overly concerned about your creditworthiness or ability to repay. The value of the collateral is more important than your financial position, so in the event things do not go according to plan, the lender will take back the collateral. Some lenders may allow you to secure the loan using personal assets, such as a retirement account or a residential property you own.
FHA AND HUD LENDING
The Department of Housing and Urban Development (HUD) is U.S. government agency created to help support community development and home ownership. HUD enforces the Federal Housing Administration (FHA) to assist low-income and disadvantaged American families with their housing needs. FHA loans provide mortgage insurance to FHA-approved lenders. This insurance protects lenders against losses in the event the borrower defaults their mortgage loan. This loan is popular for its low down payments, low closing cost, and easy credit qualifying.
TRADITIONAL MORTGAGE
Buying a home is one of the biggest purchases you will make, so it is important that you have the right team buy your side to assist you through the process. Here at Healthy Financials, we help connect you with one of our credible lenders that will support you through the process. The traditional mortgage is a home loan that allows the options of a ten, fifteen, twenty, or thirty year term, that has a fixed rate for the lifetime of the loan. Qualification depends on the lender and can vary.