Free Mortgage Loan Info and Prequalification Form
AlternativePlans &
Financial,
agent
of:
AW Financial Mortgage INC,
Ga
Residential Mortgage Licensee 20070
5430 Jimmy Carter Blvd #100
Norcross GA 30093
Ron Baker, Lic GA Agent, Sr. Loan
Officer
Fax 770-234-5240
770 879-8613
Cell 770 309-122
PURCHASE & REFINANCING
Free No Cost Loan Pre-Qualification
Competitive market rates
Some
mortgage lenders may offer “teaser rates”, offer no
closing costs first time options, to get your attention,
now, and you pay more later.
Our goal is work with clients in a plain vanilla
day-in day-out manner, as if we were the client, no
too-good-to-be -true advertisements or misleading
closing cost claims, leading to higher surprise rates and
settlement charges. Our goal is
to be fair, and competitive upfront, and when provided
with sound and accurate information to get your loans at
favorable rates/ no hidden costs. We are not in the
business of quoting rates specifically to entice a
commitment and disappoint you later. Once we have some
credit, background and type of loan information we will
quote you a rate, based on facts.
There is no
obligation and no charge to pre-qualify. That’s how strong
we feel about our service
Personal attention to Re-finance clients, Homebuyers and
Real Estate Agents
Actual rates vary and may be dependent upon several
factors, individual credit score and specific program.
We have a free “new
refinance program”, for existing customers, seeking to
re-qualify in later years, often requiring only minimal or
stated verifications.
CONVENTIONAL FANNIE MAE & PORTFOLIO
FULL DOC & STATED INCOME & NO DOC
CODI PROGRAM LOW RATE
COMMERCIAL LOANS
For pre-qualification and
Pre-approval loan information
please complete the form and Fax to 770-234-5240
All information is confidential,
and is not shared with any outside groups, vendors, or
“lists”,
Or call with basic information, and
we will work to help you make your sale -or purchase
Please have information for us to
reach the applicant, available. (see our pre-qual form at
end of this informational)
Services Offered and Loan Descriptions
RESIDENTIAL MORTGAGE
FULL
DOCUMENT – Primary & Investment Houses
·
Target
W-2 Borrowers.
·
Credit Score
As Low As 580 (LP approval).
·
Primary
House: Down As Low As 0% (score 620), 5% (score 580).
Investment House Down As Low As 10%. (Score 620).
·
Debt/Income
Ratio Up to 65% (DU approval).
·
Term 10, 15,
20, or 30 years.
·
Excellent
rate: fixed, adjustable, or balloon.
STATED INCOME & STATED INCOME/STATED ASSET
·
Target
Salaried or Self-Employed Borrowers.
·
Primary and
Investment Houses.
·
Income
and/or Asset is Stated, But Not Verified.
·
No Tax
and/or No Bank. Credit Score as Low as 540.
·
Primary
House: Credit 680+, Excellent Rate.
·
Down as Low
as 0% (700 credit score), 5% (660), 10% (620), 20% (580),
25% (560), 30% (540).
·
Term 10, 15,
20, 30 years.
·
Rate Fixed
or Adjustable (1/1, 2/28, 3/1, 5/1, and 7/1).
SUBPRIME LOANS – FULL/STATED/OR NO DOC
·
Available
to Borrowers With Credit Score As Low As 500.
·
Primary and
Investment Houses.
·
Full Doc,
Stated Income, Stated Income and Stated Asset, and No
Doc: No Income, No Bank, and No
Employment.
·
Down
from5-25%. Term: 15 and 30 years
·
Rate Fixed
or Adjustable (2/28, or 5/25 ARM).
CODI PROGRAM
–
·
Low Interest Rate. Interest Rate is Based on Low Monthly
Average 3-Month CD Bank Saving Rate and Equal to 3-M CD
Rate + 3.650% on Primary House and + 3.75% on Investment.
Adjusted Monthly.
·
Down 5%, Full Doc at Score 640. Down 10%, Stated Income
at Score 695. Down 20%, Stated Income at Score 580 or No
Score (need 4 letters of credit). Down 25%, Stated
Income and Stated Asset. No Score.
CONSTRUCTION LOANS
–
·
Conventional
full doc (5% down and 620 score 620) or Stated Income (20%
down and 680 score).
·
One loan.
One closing. Low Construction Rate (prime + 1.00%,
adjusted monthly). Rate Floated or Long-Term Locked
(180-240 days).
REFINANCING –
·
Lower Rate.
Shorten Term. Change Name. Divorce. Cash-out for
Debt Consolidation Or Personnel Uses.
·
Full Doc,
Stated Income, Sated Income & Stated Asset, or No Doc.
Loan up to 100%.
COMMERCIAL
LOANS
EASY APPROVAL
LOAN - Loan
amount 25K-2.0M.
Down
25-40%. Income and asset stated. No tax and no bank.
Credit score As Low As 580+. Rate fixed or adjusted or
fixed.
Term
15 years. Easy approval and fast closing.
CONVENTIONAL
& SBA LOANS –
Full Doc. Loan amount 100K-60M. Down 15-20%. Term 15, 20,
25, or 30 years. Rate Fixed or Adjustable (1/1, 2/28,
3/27, and 5/25).
Homefinancemart.com
Residential -
Commercial Mortgage – Refinancing
Homefinancemart.com
website a service of Alternative Plans Insurance/Financial
marketing. for AW Financial Mortgage Inc., a mortgage
company, providing service and consulting on mortgage
loans for purchasing and refinancing residential,
commercial and investment properties. Diverse experience
and affiliates, nationally known investors enable AW to
provide clients with a variety of loan programs based on
qualifications and need.
AW
Financial Mortgage INC,
Ga
Residential Mortgage Licensee 20070
5430 Jimmy Carter Blvd #100
Norcross GA 30093
Ron Baker, Lic GA Agent, Sr. Loan Officer
Fax 770-234-5240
770-879-8613
cell 770 309-1225
Eligible properties include:
§
Residential:
Primary, secondary, vacation, rental, and investment.
§
Commercial:
Office complex, retail store, gas station, liquor store,
dry-cleaner, industrial building, mobile home park, auto
garage, hotel, motel, and development land (50%LTV).
Loan programs
include:
§
Full
Document: Conventional or Portfolio
– Income (W-2
or tax returns) and asset (bank statement) required, low
down, average credit, and excellent interest rate (fixed
or adjustable), 10, 15, 20, OR 30 term.
§
Alternative
Document: Conventional or Portfolio
– Income is calculated from 6, 12, or 24 months bank
statements, but not W-2 or tax returns, good credit, good
rate.
§
Stated
Income: Conventional or Portfolio
- Income is
stated but no proof of document (No W-2 or No tax returns)
required, flexible down payment, low to good credit, and
good rate.
§
Stated
Income/Stated Asset
- Income and asset are
stated, but no proof of document required (no tax and no
bank).
§
Totally No
Doc – No
verification of income, asset, and employment, flexible
down payment and flexible credit, reasonable interest
rate.
§
Community
Home Buyer: -
program for first time homebuyer. Borrow up to 103%.
Full doc only. Fixed rate.
§
Fast-Closing
Commercial Loan -
Various types of commercial properties, loan amount 25K –
2.00M, down 25-40% dependent on type pf property and
credit score, income and asset are stated, but not
verified. No tax and no bank. Fixed or adjustable rates.
15-year term. Fast closing.
§
Conventional
Commercial Loan -
Amount from 100K to 60M, full document, down 15-20%, fixed
or adjustable rate, 15, 25, or 30-year term.
§
SBA Loan
– Commercial loans. Loan amount from 150K to 2.4M.
Small Business Association insured. Down from 15%, full
document. 15, 20, 25 years term
PRESTAMO
RESIDENCIAL
