One of the most important things to do as a home buyer is to get the best possible information about home mortgages. At Option Funding, we are an experienced mortgage broker in Scottsdale, AZ, offering a full range of conventional and non-conventional home mortgage options.
Conventional mortgages are those that follow the traditional requirements for a home loan. Conventional loans are often difficult for many people, particularly those who are self-employed or who have income other than from an employer.
Options to Consider
We offer FHA loans, which are an ideal mortgage option for many first-time homebuyers or people with less than ideal credit scores. These are also good loans to consider as no down payment loans through our services as your mortgage broker. We also offer traditional types of FHA loans that offer flexible qualification guidelines and a small down payment requirement.
For those who are self-employed throughout Scottsdale, AZ, qualifying for a traditional mortgage has become more challenging over time. We offer a variety of loan options, including bank statement loans or true stated loans for those who qualify.
Typically, with these types of no income loans, all that is required is a qualifying FICO score. These loans can be as much as seven million to qualified individuals, which includes the requirement of a 25% down payment.
In addition, Option Funding offers Jumbo loans and Refi loans. As your mortgage broker, we work with you to determine the best loan option to meet your specific home purchase or refinancing needs.