Mortgage Lender in Nashville, TN
Serving All of Davidson County
Whether you're exploring ways to unlock the equity in your home with a HELOC or HELOAN, considering refinancing options to reduce your mortgage payments, or curious about the benefits of a reverse mortgage, Jim has tailored information to meet your needs. Additionally, we offer insights into custom home construction loans for those looking to personalize their living space.
First-time home buyers and current homeowners looking to navigate the selling and buying process will find valuable resources here. Explore various loan options, including down payment assistance, conventional, USDA, VA, FHA, and more, to find the perfect fit for your financial situation. Jim can give you the tools to make an informed decision that advances your financial goals and dream home. Jim can be reached at (425) 210-2963.
Areas Served
Washington
Serving all 39 Counties in Washington State
Utah
Serving all 29 Counties in Utah State
Tennessee
Serving all 95 Counties in Tennessee State
Types of Residential Mortgages
Down Payment Assistance Loans
Down payment assistance loans are designed to help first-time homebuyers or those who haven't owned a home in the past three years with funds needed for a down payment and closing costs. Various programs offer grants or low-interest loans that may only require repayment once the home is sold or refinanced.
Conventional Loans
Conventional loans are mortgages not insured or guaranteed by the federal government. Conventional loans often require higher credit scores and larger down payments but offer flexible repayment terms and competitive interest rates.
USDA Loans
The U.S. Department of Agriculture sponsors USDA loans. These loans aim to aid rural homebuyers who meet specific income criteria. They offer zero down payment, reduced interest rates.
VA Loans
The U.S. Department of Veterans Affairs guarantees VA Loans for eligible veterans, active-duty service members, and specific National Guard and Reserves members. VA loans offer significant benefits, including no down payment, no private mortgage insurance, and competitive interest rates.
FHA Loans
The Federal Housing Administration insures FHA loans, popular among first-time homebuyers due to lower minimum credit score requirements and down payments as low as 3.5%.
HELOC
HELOC is a revolving credit line secured by the equity in your home. It works like a credit card, allowing homeowners to borrow against their home equity at a variable interest rate.
Custom Construction Loans
Custom construction loans are used to finance the construction of a new home. They typically cover the cost of building and may convert to a traditional mortgage once construction is complete.
Reverse Mortgages
Reverse mortgages are available to homeowners 62 years and older, allowing them to convert part of the equity in their homes into cash. The loan does not require monthly mortgage payments. Repayment is deferred until the borrower sells the home, moves out, or passes away.
