We understand you're busy, and we know you don't look at loan applications everyday.

Don't worry.  We can come to your home or office if you'd like.  After hours even.  We'll complete all that paperwork AND take the time to explain it all too.

Finally!  Service that really matters!  at no extra cost

What does effective really mean to you?

Simply put;

• You may not want us to call you at work - So we won't!
  
  
• Maybe you'd rather communicate via e-mail - Great!
  
  
• You want us to call your spouse or significant other instead - OK!

Effective means what works for You.  Period.

We all need advice.  Not just lip service.

Honest, simple and straightforward answers are what you'll get.

Call us and we can discuss your situation with no obligation.  E-mail us if you prefer.  Want to come in and sit with us face to face?  We can do that too.

The truth and nothing but... Finally!

Your purchase contract closing date is a firm deadline agreed upon by you and the seller.  In most states, if you don't meet this obligation, you risk losing your earnest deposit and your home.  No laughing matter.

We've been closing mortgage loans for a long time and we know how to get from here to there > Closing.

We close loans.  ON TIME.*

We're so confident in our ability, we're putting it in writing.  If we don't close your mortgage on time, we'll pay you $500!*  But don't expect a check anytime soon!  We love what we do and we're really good at it!

*If closing is delayed directly by Flex Mortgage.  Does not apply to refinance transactions or if closing is delayed by third party service provider or if borrower does not return requested information within given due dates.

Our fastest recorded mortgage closing to date is 3 days!  We don't expect to close your loan in 3 days but we do have the resources to it in 10 days.*

Need a fast closing?  We can help.  In just 10 days.*

*Not all loans will qualify for our Flex Closing.  Ask your Flex Mortgage Loan Officer if your loan qualifies.

You work full time.  Maybe you have a family to take care of.  Or maybe, your pet hasn't seen you all day!

Whatever the case, we understand you're busy and trying to meet with us during normal working hours may not always be possible.

If you need an appointment After Hours or on Weekends, just ask.  We'll accommodate your needs whenever possible.

Very few people have perfect credit.  Most of us have a blemish or two in our past.  Some of us have scars.

Whatever the case may be, we have a loan solution for you...

• Your bankruptcy was just over a year ago?  We can help.
  
  
• Your credit was damaged during the divorce?  We can help.
  
  
• You're going through a divorce and some bills are late!  We can help.
  
  
• You don't have any credit?  We can help.

YOU DON'T NEED PERFECT CREDIT - or TONS OF IT to buy a home!

Don't want to pay points?  Can't pay closing costs?  DON'T!

Our Flex One* program is just for you.  You pay only $495!*

No Lender fees.  No Points.  No Origination fee!  No Appraisal fee!  No Application or credit fees!

Just one flat fee of $495* - that's it!

*The Flex One program applies to purchase transactions only.  Loan amounts of $150,000 or higher, escrows (taxes and insurance) will be impounded.  Borrower will be responsible for third party costs such as alta title insurance, escrow fees, county recording fees and pre-paid property taxes, hazard insurance and pre-paid interest.

Conventional mortgages are the standard loan products for most people.  For those individuals who have steady employment history, credit, assets, and down payment or equity, these loans offer the best rates available.

And with the introduction of technology into the lending industry, the approval process is much faster.  In most cases, we are now able to underwrite or approve your loan in minutes vs. days.

Even with weaknesses in the four factors mentioned above, many potential buyers still qualify.  Conventional loans offer both fixed and adjustable rates with terms ranging from 30 years down to 10 years.

Please Contact Us for additional information.

Jumbo loans are similar to conventional loans.  The major difference being that jumbo loans start $417,001.  Because jumbo loans do not meet Fannie Mae or Freddie Mac guidelines,  they are considered higher risk loans.  This higher risk factor translates into slightly higher interest rates.  Typically, jumbo loan rates are 1/2% to 1% higher than conventional rates.

Jumbo loans, like conventional loans, offer fixed and adjustable rates with terms ranging from 30 years down to 10 years.

Please Contact Us for additional information.

FHA Loans are secured or insured by the government and offer a low down payment option of only 3.5%, great interest rates and have very flexible credit guidelines.

The 3.5% down payment can be from your own savings OR can be a gift to you from a relative.

FHA also allows for seller paid costs of up to 6% of your sales price, meaning that the sellers can pay all of your closing costs...a Huge Benefit!

Because of their government insurance, FHA loans do require an up front mortgage insurance premium (UFMIP) of 1.75% financed directly into your mortgage.

ex; sales price of $150,000 - 3.5% down payment ($5250) = $144,750 + 1.75% UFMIP ($2533) = $147,283 your actual mortgage amount.

FHA offers a full range of loan products from 30 year fixed, 15 year fixed as well as 1, 3 or 5 year ARMS.

For more information on Fixed Rates vs. Adjustable Rates, please see "What is the difference between a fixed and adjustable rate mortgage?"

VA (veteran's administration) loans are reserved for those individuals that served in our armed forces and are eligible for this benefit.

VA loans do not require a down payment nor monthly mortgage insurance PMI, (a huge benefit).  However, they do require a Funding Fee (ff).  The Funding Fee, 2.15% of the sales price for first time buyers, is usually financed but can be paid in cash.

ex: sales price of $150,000, first time buyer.  Funding Fee would be $3,225.  Your actual mortgage amount would be $153,225 (sp + ff).

Similar to conventional loans, VA loans offer fixed rates of 30 and 15 years and adjustable rates with terms of 30 years.

See "What is the difference between a fixed and adjustable rate mortgage?"

Please Contact Us for additional information.

The 30 year fixed rate loan is the industry standard.  Your rate is fixed for the life of your loan.  Your payments are spread out over 30 years.  Your monthly mortgage payment will typically include principle and interest, property taxes, home owner's insurance and PMI if applicable.

Determine if this loan is right for you.

Please Contact Us for additional information.

Payments are spread out over 15 years vs. 30 years.

This is a popular option for borrowers refinancing from a 30 year loan.  It greatly decreases the amount of time left on your loan and the interest you pay back.  Most people think their payment would double by going to a 15 year loan, but it doesn't.

Example; $175,000 30 year mortgage @ 6.25% (initially borrowed) and a new 15 year mortgage of $165,000 @ 5.75% (approx balance after 5 years).

$175,000, 30 yr loan @ 6.25%	$1077.51/mo
$165,000, 15 yr loan @ 5.75%	$1370.18/mo

Payment increase of $292/mo
After 5 years you Decreased your term by 10 years!
(paid 5 years on a 30 year loan leaving 25 years left and went to 15 years)

Please Contact Us for additional information.

A little more stable than the 1 or 6 month ARM.

Interest rate and payment adjust annually.  Typically, the interest rate cannot adjust by more than 2%, up or down each year or 6% over the life of your loan.

For example, if you started at 4%, next year your rate could increase to 6% or decrease to 2.25% (not lower than the margin set by lender - see What is an index and margin).

Please Contact Us for additional information.

This loan is great for borrowers not intending to stay in their homes for more than 3 years.

Your payments are spread out over 30 years.  Your interest rate is fixed for the first 3 years and adjusts annually after that.  Like the 1 year ARM, there is a limit to how much your rate can increase or decrease after 3 years.

Please Contact Us for additional information.

Similar to the 3 year ARM, your payments are spread out over 30 years but your interest rate is fixed for the first 5 years.  Offers more long term stability than the 3 year ARM.

Great choice for borrowers not intending to keep their homes longer than 5 years.

Please Contact Us for additional information.

Same concept as the 3 or 5 year ARM.  Payments are spread out over 30 years but your interest rate is fixed for the first 7 years and adjusts annually after that.

Great choice for borrowers intending on keeping their homes for 7 to 10 years.

Please Contact Us for additional information.

This loan isn't as popular anymore because so many people are taking advantage of the 3, 5 or 7 year ARM loans.  Although the interest rate on this loan is still below a 30 year fixed rate loan, most people feel uncomfortable with the possibilities at the end of 7 years.

Payments are spread out over 30 years.  Interest Rate is fixed for the first 7 years, however, after 7 years the entire balance of your loan becomes due and payable.  At that time you have several choices;

1. Pay off your loan (not very attractive)
2. Refinance your loan for another 30 years (at market interest rates)
3. Let the bank recalculate your payments for the remaining 23 years (at market interest rates)
4. Sell your home
5. Or maybe by now, you've already sold your home and moved into another home

None of these options seem very attractive.

Please Contact Us for additional information.