PA Mortgage Products
Pennsylvania Conventional, Jumbo, Balloon, ARM, 40 year terms, Bad Credit, PA Construction Loans, Lot Loans, Bridge Loans, 100% Purchase Loans.

Purchase & Refinance             PA Construction Loans                 Lot Loans                   No Doc Loans                      Bad Credit Loans
Investor Loans                  Second Mortgage/Line of Credit             100% Guaranteed Rural Housing                 
      
 

PA First Mortgage Products - Conventional Mortgage Specialty Products Besides the traditional 30 and 15 year fixed mortgages, we offer the following programs with very low rates
100% Mortgage - 0% down. Closing costs can be gifted. No income limits. First time buyers are welcome.	95% First Mortgage Purchase with NO PMI.
We also have B/C credit programs. Minimum credit score 580.	Reverse Mortgages - for Pennsylvania Seniors
We have all the standard fixed and ARM programs.	No Doc for Good Credit (Low rates) "No questions asked" loan --- True No Doc Loan:  65% max LTV.  With your excellent credit we do not need to know how much you earn, where you work, or where your closing cost money comes from (can be gift, mattress money, etc). No down payment!  More info.
Low, low rates and fees.   Free rate locks and float down options.  Let us beat any other  rate.

PA Construction Loans Pennsylvania's Leading Construction Loan Specialist.  Offering Land & Stated-Income Construction Loans. Free Float Down options.  Rate Locks are always free. Builder spec loans, and more...for all regions of PA.
Construction Loan Program I --- 10% Down Very Low Rate Program: Up to 12 month construction phase. Current Rates Interest only During Construction Phase $2750 covers inspections for draws and no other construction loan fees.  Permanent rate is best rates available -- no higher rate over 30 years for being construction loan. Contact us for more information at 610 326-2099. Guidelines: Minimum credit score  660.  Bankruptcy, if applicable, must be discharged over 4 years. 95% LTV  --- 5% down. New! Construction Program III ---  No doc or low credit score.  Investors, Self Build all accepted: Rates start at 3.99% fixed Contact us for other rate/points combination at 610 326-2099. Minimum 10% down.  90% LTC (Loan to Cost) Use lot equity for down payment Guidelines: Minimum credit score  540.  More details. Self builds okay.  No construction experience required. New Houses where construction is in process accepted Up to 4 units. Investment properties accepted. All loans in this program are No doc.	PA Construction Program II --- Long term lock, one closing, program: Interest Rates Contact us for other rate/points combination at 610 326-2099. Loans 95% LTC (Loan to Cost)  5% down required (or use lot equity) Lock in for Permanent Phase locked in prior to construction with free float down option. Details. Guidelines: Minimum credit score  660.  Bankruptcy, if applicable, must be discharged over 4 years. Modular Homes okay (no doublewide or HUD code) 660 minimum credit score No self builds.  General contractor required.
	Forms needed for construction loan Sample specifications list:   Word    pdf Sample construction contract form: Word    pdf
	Construction Program IV --- Spec Loan For investment builders/developers.  See details.

 

 

Some of our other Loan Programs:

PA Swing/Bridge Loans: Owner Occupied Single Family Homes Loan amount lesser of $500,000 or amount needed to close on new home When existing home is listed for sale or under contract, borrow 80% of value less outstanding liens with a credit score <700 or 90% max LTV with a credit score of 700+. 30 year amortization 1 year balloon Current Housing debt not considered in qualifying ratios Rate : 7.75% fixed We must be also originating the loan on the new home. Ineligible Property and Occupancy Types The following property types are ineligible: • Mobile homes • Co-ops, Condotels and Non-warrantable Condos • Mixed-use • Second homes • Investment property     No Income Verification Loans:  Standard: With 2 years self employment or verified salaried employment and your excellent credit we do not need to know how much you earn, just that you have a stable job and 10% down of your own money.   Good or B/C credit.

Rural Housing 100% loan to value loans (even if value exceeds sales price): Home must be in rural area as defined by US Dept. of Agriculture.  Includes most of PA except town boroughs and populated suburbs such as Pottsgroves, State College, Altoona, Allentown, etc. Call us at 610 326-2099 for more information.

Lot Loans: Program 1:         20% down -- lowest rate (not available in Poconos) 5 acre max. 3 year FIXED. Program 2:         20% down.  20 acre max.  3 year balloon with 30 year amortization. General Notes: 660 minimum credit score required for a lot loan. $60,000 minimum loan amount - all lot loans.   Call 610 326-2099 or email us for details.

Home Equity Loans/Line of Credit

Investment Property, Non-Owner Occupied Mortgage Loans: Offered on 1-4 unit residential properties.  10% down required with good credit.