Specialized mortgages can be a great option for customers who want to get a mortgage that is tailored specifically to their needs.
Specialized mortgages are a type of mortgage that is designed specifically for certain needs or goals. These mortgages can include DSCR loans, reverse mortgages, non-QM loans, and more.
The benefits of using a specialized mortgage over a conventional one depend on the specific loan option you choose. For example, a DSCR loan may offer better terms than other types of loans because it has special provisions that protect your interest rate and make buying or refinancing easier. Additionally, these types of mortgages tend to have lower monthly payments than other types of loans because they take into account your unique circumstances and debt load.
Yes, you may be able to qualify for down payment assistance with a specialized loan. In addition, several lenders and government agencies offer services to buyers struggling with complex financial situations, no matter what type of financing they use.
We bring a customized, unique approach to mortgages. Our lending solutions use the perfect hybrid of human-driven insights and technical prowess to process loans faster and significantly reduce costs.