A New Purchase Real Estate Mortgage Company, we specialize in providing tailored mortgage solutions for homebuyers and real estate investors. With years of experience and a commitment to customer satisfaction, we strive to make the process of securing a mortgage as smooth and straightforward as possible. Whether you’re a first-time homebuyer or a seasoned investor, our team of experts is here to guide you every step of the way.

Home Purchase Loans: We specialize in helping buyers finance their dream homes. From pre-qualification to closing, we offer a full range of services to help you secure the best possible mortgage.

Investment Property Loans: We provide tailored financing solutions for real estate investors, whether you’re purchasing your first rental property or expanding your portfolio.

 FHA, VA, and USDA Loans: We offer government-backed loans for qualified buyers, including FHA, VA, and USDA loans, with flexible terms and competitive rates.

Mortgage refinancing is the process of replacing your existing mortgage with a new one, typically with better terms. Refinancing can help you lower your monthly payments, reduce your interest rate, shorten your loan term, or access your home’s equity for cash. 

 Rate & Term Refinance focuses on changing the interest rate, loan term, or both. It’s ideal for homeowners looking to lower their monthly payments or pay off their mortgage faster.

 Cash-Out Refinance Access the equity in your home and receive a lump sum of cash at closing. This option is perfect for those looking to fund large expenses or consolidate debt.

 Streamline Refinance Simplified process available for certain government-backed loans, such as FHA, VA, or USDA loans. It often requires less documentation, faster processing & lower Costs.

 Adjustable-Rate to Fixed-Rate Refinance provides more predictability and stability with a consistent monthly payment.

A Reverse Mortgage is a unique financial product designed for homeowners aged 62 and older, allowing them to convert a portion of their home equity into cash. Unlike a traditional mortgage, where you make monthly payments to a lender, a reverse mortgage pays you. The loan is repaid when the homeowner sells the home, moves out permanently, or passes away.

Eligibility for a Reverse Mortgage

Age Requirement: Homeowners aged 62 or older are eligible.

Home Ownership: You must own your home outright or have a low mortgage balance that can be paid off at closing with the reverse mortgage proceeds.

Primary Residence: The home must be your primary residence, where you live for much of the year.

Property Types: Eligible property types include single-family homes, 2- to 4-unit properties, FHA-approved condominiums, and some manufactured homes.

A Home Equity Line of Credit (HELOC) is a flexible financing solution that allows you to borrow against the equity you’ve built in your home. This makes it an ideal option for homeowners looking to fund home improvements, consolidate debt, education expenses, unexpected expenses or major purchases.

Unlike a traditional loan, a HELOC operates like a credit card, giving you access to funds as needed, up to a predetermined credit limit.

For example: If your home is worth $300,000 and you owe $150,000 on your mortgage, your lender might allow you to borrow up to 80% of your equity. In this case, 80% of $300,000 is $240,000. Subtract the mortgage balance ($150,000), and your HELOC credit limit could be $90,000.

Mortgage restructuring involves modifying the terms of your existing mortgage to better align with your current financial situation. This process can help lower your monthly payments, reduce interest rates, extend loan terms, or change other aspects of your loan agreement.

Interest Rate Reduction: Lowering your interest rate can significantly decrease your monthly payments and the total amount of interest paid over the life of your loan.

Loan Term Extension: Extending the term of your mortgage can spread out payments, reducing your monthly financial burden.

Principal Reduction: In some cases, lenders may agree to reduce the principal balance of your loan, lowering your overall debt.

Loan Modification: Modify various terms of your loan, such as interest rate, loan term, and principal balance, to better suit your financial situation.

An Industrial Commercial Real Estate Loan is a specialized financing solution to help businesses acquire, develop, or refinance industrial properties. Our tailored loan solutions are designed to support your business objectives, offering competitive rates, flexible terms, and expert guidance throughout the process.

Warehouses and Distribution Centers: Finance the acquisition, construction, or renovation of warehouses and distribution hubs that are vital to your supply chain.

Manufacturing Facilities: Secure funding for purchasing, expanding, or upgrading manufacturing plants to meet growing production demands.

Flex Space: Invest in versatile flex space properties that can accommodate a variety of industrial uses, from office space to light manufacturing.

Research and Development Facilities: Obtain financing for R&D properties, where innovation drives your business forward.

 Logistics Centers: Expand your logistics capabilities with loans tailored for transportation and distribution centers.

 Specialized Industrial Properties: Explore financing options for unique industrial properties that require specialized funding solutions.

(SBA) Small Business Administration Real Estate Loans are government-backed financing options designed to help small businesses purchase, renovate, or refinance commercial properties. We specialize in guiding businesses through the process of securing SBA loans, helping build equity and secure your business’s future.

SBA 504 Loan Program: Designed specifically for commercial real estate purchases and major equipment financing.

• Loan Amounts: Up to $5.5 million
• Use of Funds: Purchase of land or buildings, construction of new facilities, or renovation of existing facilities

• Terms: Up to 25 years for real estate

• Benefits: Fixed interest rates, low down payments, and long-term financing options
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SBA 7(a) Loan Program: The most versatile SBA loan option, offering financing for a variety of commercial real estate needs.

• Loan Amounts: Up to $5 million

• Use of Funds: Purchase, refinance, or renovate commercial real estate, as well as for working capital and other business expenses

• Terms: Up to 25 years for real estate

• Benefits: Flexible use of funds, competitive interest rates, and longer repayment terms

SBA 7(a) Small Loan: Offers quicker processing for smaller commercial real estate purchases.

• Loan Amounts: Up to $350,000

• Use of Funds: Purchase or refinance smaller commercial properties

• Terms: Up to 25 years for real estate

• • Benefits: Expedited processing, lower down payments, and flexible terms

Investing in real estate is a powerful way to build wealth and secure your financial future. We offer tailored mortgage solutions designed specifically for real estate investors.

 Conventional loans are a popular choice for investment properties. These loans are ideal for borrowers with strong credit and a substantial down payment, offering competitive rates and flexible terms.

Portfolio Loans If you’re a seasoned investor with multiple properties, portfolio loans allow you to finance several properties under one mortgage, simplifying management and lower costs.

Commercial Loans For larger, multi-family properties or mixed-use developments. These loans are designed for experienced investors and developers seeking to finance real estate projects.

Cash-Out Refinancing Tap into the equity of your existing investment properties with a cash-out refinance. Use the funds to purchase additional properties or renovate existing ones.

Interest-Only Loans provide lower monthly payments by allowing you to pay only the interest for a set period to maximize your cash flow during the initial stages of your investment.

Commercial Real Estate Rehab Loans are tailored financing solutions designed to help property owners and investors renovate, improve, or modernize commercial properties. If you’re looking to upgrade an outdated building, reposition a property or make necessary repairs, our rehab loans provide the capital to enhance the value of your real estate investment.

Bridge Loans Ideal for short-term financing needs, bridge loans provide the capital needed to complete renovations before refinancing or selling the property.

Construction Loans: Perfect for more extensive rehabilitation projects that require structural changes or major renovations.

Permanent Loans For completed rehab projects, permanent loans offer long-term financing to replace short-term rehab or construction loans.

Hard Money Loans are an alternative financing option for borrowers who need quick access to capital and may not qualify for traditional loans.