Available Programs

Purchase:

Buying a home is the biggest investment you will make in your lifetime. Get the facts on financing before you go and look for a new home. Have confidence buying with a loan commitment from I.F.S. We offer no cost loan approvals to make you an attractive buyer to sellers.

• Free prequalification’s with no upfront fees
• Jumbo's & conforming loan sizes
• Arm's, 3/1, 5/1, 7/1
• Interest only options
• 30, 20, 15, and 10-year terms available
• Owner occupied, investments, or second homes
• 80/20, 80/15/5, 75/25, no mortgage insurance required
• 103 LTV, financing 3% of closing costs plus seller can pay remaining closing costs
• 107 LTV, all closing costs & pre-paid items are financed
• Flex 100, no money down, no reserve requirements
• My Community, no money down with low mortgage insurance
• FHA Loans (coming Fall of 2007!)
• VA Loans
• Teacher A +, Firefighter, and Police Officer program. $500 down payment required.
• Alternative documented programs for self-employed borrowers. True "no doc", "no income verification", “bank statement” programs available
• "No ratio", "stated", “no doc” or "limited documentation" available
• Lender paid mortgage insurance
• Balloon mortgage
• 2-1 Buydowns

Refinance:

Looking to lower your payments or consolidate debts? Let us show you how a refinance can save you money!!

• Jumbo & conforming loan sizes
• Arm's 3/1, 5/1, 7/1
• Interest only options
• 30,20,15, 10-year terms available
• Debt consolidation
• Cash out for any reason, or rate & term
• No point
• True no closing costs option
• Refinance to get rid of mortgage insurance
• Foreclosure bailouts
• Buyout applicant on title. (divorce, friend, family, roommate)
• Chapter 13 Bankruptcy buyout
• Balloon mortgage
• FHA Streamline Refinances
• VA Steamline Refinances

Home Equity Loans:

Have a great rate on your 1st mortgage but need some additional cash for debt consolidation, a college education or home improvements, check out our wide variety of products to meet your financial needs. Let us Guide you through the options!

• HELOC'S, home equity line of credit
• Fixed rate second mortgage
• Owner occupied, second homes, or investment properties
• Expanded LTV, borrower of to 125% of your property's value
• Stated or No Ratio documentation available