{"id":201,"date":"2014-02-18T01:57:26","date_gmt":"2014-02-18T01:57:26","guid":{"rendered":"http:\/\/cranbrookloans.com\/?page_id=201"},"modified":"2018-07-17T11:53:03","modified_gmt":"2018-07-17T11:53:03","slug":"loan-options","status":"publish","type":"page","link":"https:\/\/mortgageoriginator.org\/michaeldavis\/loan-options\/","title":{"rendered":"Loan Options"},"content":{"rendered":"<p>Fixed Rates<\/p>\n<ul>\n<li>Know that your rate will not increase.<\/li>\n<li>Plan to own more than 7 years or beyond the break even point.<\/li>\n<li>Long-term ownership, this is your loan.<\/li>\n<li>Get a lower rate and a lower payment.<\/li>\n<\/ul>\n<p>10 \/ 15 \/ 20 \/ 30 Year Fixed Rate<\/p>\n<ul>\n<li>Reduce your mortgage payment even more with our interest-only payment option.<\/li>\n<li>This option is for anybody planning to move within 7 years.<\/li>\n<li>No down payment required for Purchase loans.<\/li>\n<li>Free up all your cash for all of life\u2019s other expenses.<\/li>\n<\/ul>\n<p>Adjustable Rate Mortgage (ARM)<\/p>\n<ul>\n<li>No PMI Option Available (Private Mortgage Insurance).<\/li>\n<li>Refinance to pull cash out to 100% of homes value.<\/li>\n<li>Self Employed or contractor with no pay stubs.<\/li>\n<\/ul>\n<p>Zero Down<\/p>\n<ul>\n<li>No income documentation.<\/li>\n<li>No asset documentation.<\/li>\n<li>No Employment History.<\/li>\n<\/ul>\n<p>No Documentation<\/p>\n<ul>\n<li>Free up hundreds of dollars a month.<\/li>\n<li>Bank Statement Income Proof.<\/li>\n<li>Asset Based Lending.<\/li>\n<\/ul>\n<p>Interest Only<\/p>\n<ul>\n<li>Loans over Conventional Limits.<\/li>\n<li>Consolidate credit cards.<\/li>\n<li>Lower total monthly payment.<\/li>\n<\/ul>\n<p>Jumbo<\/p>\n<ul>\n<li>Lower overall rate and reduce long term interest.<\/li>\n<li>Eliminate compounded interest on credit card debt.<\/li>\n<li>Less than perfect credit.<\/li>\n<\/ul>\n<p>Debt Consolidation<\/p>\n<ul>\n<li>Bankruptcy.<\/li>\n<li>Looking for a fresh start.<\/li>\n<li>Low interest only payment available.<\/li>\n<li>Use 100% of your homes value.<\/li>\n<\/ul>\n<p>Less than Perfect Credit<\/p>\n<ul>\n<li>Government Loan Programs.<\/li>\n<li>Zero Down Programs.<\/li>\n<li>Veteran Loans.<\/li>\n<\/ul>\n<p>High Loan To Value<\/p>\n<ul>\n<li>Federal Housing Administration Loans.<\/li>\n<li>Relaxed credit requirements.<\/li>\n<li>Affordable Payments.<\/li>\n<\/ul>\n<p>FHA and VA<\/p>\n<ul>\n<li>From Zero to Low Down Payments.<\/li>\n<li>Should be compared with Conventional to determine pros and cons of each.<\/li>\n<li>Less than Perfect Credit.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Fixed Rates Know that your rate will not increase. Plan to own more than 7 years or beyond the break even point. Long-term ownership, this is your loan. Get a lower rate and a lower payment. 10 \/ 15 \/ 20 \/ 30 Year Fixed Rate Reduce your mortgage payment even more with our interest-only &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/mortgageoriginator.org\/michaeldavis\/loan-options\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Loan Options&#8221;<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"footnotes":""},"class_list":["post-201","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/mortgageoriginator.org\/michaeldavis\/wp-json\/wp\/v2\/pages\/201","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mortgageoriginator.org\/michaeldavis\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/mortgageoriginator.org\/michaeldavis\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/mortgageoriginator.org\/michaeldavis\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/mortgageoriginator.org\/michaeldavis\/wp-json\/wp\/v2\/comments?post=201"}],"version-history":[{"count":2,"href":"https:\/\/mortgageoriginator.org\/michaeldavis\/wp-json\/wp\/v2\/pages\/201\/revisions"}],"predecessor-version":[{"id":1915,"href":"https:\/\/mortgageoriginator.org\/michaeldavis\/wp-json\/wp\/v2\/pages\/201\/revisions\/1915"}],"wp:attachment":[{"href":"https:\/\/mortgageoriginator.org\/michaeldavis\/wp-json\/wp\/v2\/media?parent=201"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}