Preferred Lender

Executive Home Lending

A TRACK RECORD OF INTEGRITY AND INNOVATION

 

preferred home mortgage lender keller williams

Contact the Evelyn Owens Team of Keller Williams Realty in Franklin, NC for a referral to Executive Home Lending.

 

Executive Home Lending makes the mortgage experience delightful for homebuyers. Executive Home Lending brings a track record of integrity and innovation to the marketplace. It’s the reason our business, our culture and our reputation continue to grow stronger.



WHAT’S IN IT FOR YOU?

Executive Home Lending gives homebuyers the most referable mortgage experience in the nation. We use a goals-not-deadlines mentality because we strive to empower buyers to purchase the home of their dreams with more speed and accuracy than the competition.

 

2018 Mortgage Products for Purchases 

Conforming Products

  • Fannie Mae Fixed – 620 minimum credit, Loan to values up to 97%
  • Freddie Mac Fixed – 620 Minimum credit score, loan to values up to 97%
  • Agency 3/1,5/1,7/1, and 10/1 arms – 620 minimum credit, loans to 95%
  • Fannie Mae Multiple Property – 720 credit, 90%, with 7-10 financed properties

Renovation Products

  • Fannie Mae Home style Renovation – 620 Credit, 95%, Minimum loan $50kNew

Construction Products

  • One Time Close Construction – 720 Credit, 90%, Loans to $454k, to 12 month construction time

Second Lien Products

  • Home Equity line of credit – 700 credit, Loans to 89.9%; Revolving line of credit;
  • Second Mortgage – 660 Credit to 80%; 700 credit to 89.9%; Fixed rate closed end loan; 

Non-Conforming “Jumbo” Products

  • Jumbo Fixed-760 Credit , 85% to $1M; 700 Credit, 60% to $3M
  • Jumbo 5/1 & 7/1 arms –  700 Credit, 90% to $650k
  • Jumbo 10/1 arm  – 720 Credit , 80% to $1.5M
  • Doctor Loan – 720 Credit, 97% to $650k; will exclude deferred student debt in DTI;
  • Jumbo Advantage – 680 Credit , 90% to $1M

Government Products

  • FHA Fixed and Adjustable Rate mortgages – 580 Credit to 96.50%, loan limits by county
  • FHA Disaster Victims Mortgage – 600 credit to 100%, loan limits by county
  • FHA $100 HUD Repo – 600 Credit to 110%, loan limits by county
  • FHA 203k Rehabilitation Mortgage – 600 credit to 110%; Minimum $5k in renovation
  • FHA Limited 203k Repair Program – 600 credit to 110%; minimum $5k, max $35k in renovation
  • VA Fixed Rate and Adjustable Rate mortgage – 620 Credit, 100%, up to $1M; 680 , 100% to $2M
  • USDA-Guaranteed Rural Housing- 620 Credit, 101%, conforming loan amounts only; 

Non QM (Qualified Mortgage) Loans – Specialty Products

  • Bank Statement Program – 660 credit, 24 months bank statements; 90%; no MI, up to $3M;
  • Portfolio Alt A – 620 Credit, up to 90%; qualify on assets;  Max 1-30 day mortgage late
  • Non-Prime Borrowers with recent credit issues-500 Credit, 85%; one day out of Bankruptcy;
  • Investor Cash flow “no income” program-660 Credit, qualify on property cash flow;
  • Foreign National Program-75% to $750k; no social or TIN needed; 12 months reserves required; 

You may also contact Dwayne Wiseman or Debbi Baker directly at 828-230-0690.  Be sure to let them know that the Evelyn Owens Team of Keller Williams Realty referred you.