NEXA Mortgage offers programs and pricing you and your clients will love. With processing, underwriting, and local appraisers that truly know our market. In addition, we have Aggressive Loan programs that you’d be hard-pressed to find anywhere else at very aggressive rates.
Conforming Fixed
Options that allow for up to
3% down
FHA,VA&USDA RD
Smaller down payments and expanded qualifying ratios.
We can lend down to a 500 FICO score on FHA.
Vacant Land
Options that allow for as little as 10% down
Jumbo Loans
Low rate options forย loan amounts up to $3 million
Home Ready & Home Possible
97% financing with reduced mortgage insurance for qualified borrowers.
Construction
Financing for the construction of a new home with as little as
5%* down.
Zero Down Payment Options
0% down payment option for the first-time and repeat home buyers.
Common Sense Portfolio Programs
Flexible programs and options for loans that don’t fit “in the box”.
Non Warrantable Condominium
Financing for newer condo projects that do not meet conventional guidelines.
NEXA New
Financing for qualified borrowers who have had a financial hardship such as a short sale or BK.
NON QM Loans
Rather than using cash for a down payment apply it towards a lower interest rate and shorter loan term.
Renovation Programs
Streamline renovation loans that allow for the purchase and rehab for a home.
Home Equity Loans
Closed-end 2nd mortgages and lines of credit available as stand alone products or in combination with a 1st mortgage and a combined CLTV of up to 95%.
Professional
Home financing for established professionals for as little as 3% down without monthly mortgage insurance.
Doctor/Physician Loans
Practicing Physicians may qualify for $0 down and no mortgage insurance.
Downpayment Assistant Programs
Options available to assist with down payment and closing costs for qualified borrowers.
Piggyback loans
Two mortgages used together to finance a home purchase, typically to avoid PMI with a smaller down payment.
Fix n flip
Fix and flip loans are short-term financing options used by real estate investors to purchase, renovate, and sell properties for profit.
DSCR Loans
Designed to ensure Debt Service Coverage Ratio meets lender requirements for commercial property financing.
Interest-only loans
Borrowers pay only interest for a set period, often reducing initial mortgage payments.
Non-Cash Out loans
Refinancing options where borrowers adjust mortgage terms without withdrawing equity funds.
HELOC Loans
Home Equity Line of Credit allows homeowners to borrow against their home’s equity as needed.
Open line of credit loans
Flexible borrowing option where funds can be accessed as needed, akin to a credit card.
Rate & Term loans
Refinancing options that modify interest rates or loan durations without cashing out equity.
Bank Statement Loans
Utilize bank statements for income verification, ideal for self-employed or non-traditional earners.
Bridge loans
Short-term financing used to cover financial gaps, typically until long-term financing or property sale occurs.
