Mortgage Possible is the preferred lender for many agents and investors because we dedicate ourselves to offering the best service to our customers. We routinely close purchase and refinance loans in 30 days or less. We are dedicated to helping you find the perfect loan for your needs and goals. We look forward to working together soon.
Please feel free to call me at any time with lending questions. Thank you so much for all that you have done for us throughout this process. I honestly do not know if we would have our dream home if it weren't for your amazing work ethic and ability to get the ball rolling so quickly. Two offers were put on our home while awaiting the loan approval!
Please feel free to call me at any time with lending questions. Thank you so much for all that you have done for us throughout this process. I honestly do not know if we would have our dream home if it weren't for your amazing work ethic and ability to get the ball rolling so quickly. Two offers were put on our home while awaiting the loan approval!
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A conventional loan is a mortgage that is not guaranteed or insured by any government agency such as FHA, VA, or USDA. Conventional loans are either conforming or non-conforming. Conforming mortgages are required to conform to underwriting guidelines and loan limits set by Fannie Mae or Freddie Mac, whereas non-conforming mortgages have loan amounts higher than the loan limits set by Fannie Mae / Freddie Mac.
The process of refinancing a home means taking out a new loan to replace a current one. Homeowners who are currently paying off a home loan can apply and be approved for refinancing. By refinancing, you can access the equity of your home through a Cash-Out Refinance option. You can also refinance to obtain a new, lower interest rate through a Rate & Term Refinance option.
Jumbo loans are used to finance homes with loans exceeding the loan limits set by government sponsored entities (GSEs). It is suitable for borrowers who want to buy luxury homes or refinance existing large mortgages. Jumbo loans allow you to have larger loans at a lower rate because it does not conform to the requirements set by Fannie Mae and Freddie Mac.
An investment property is a property that is not your primary residence and has been purchased with intent to generate revenue, either through the future resale of the property, rental income or both. An investment property can be a long-term project or an intentional short-term investment where real estate is purchased, remodeled or renovated, and sold at a profit.
Designed for home rehabilitation purposes, FHA 203(k) loans can help pay for your home renovations. These loans are available both as a refinance and purchase. Thus, you can borrow against the equity in your home for home improvement and you can also get a single mortgage to finance both purchase and renovation of the home.
Reviews (1)
Lance J.
Mar 07, 2018
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I had the pleasure of having "The Forester Team" and of all the refinances I have gone through, this one was the best! When you refinance you get the wonderful honeymoon period in the beginning followed by the last minute, need it now chaos a week before closing. That was NOT the case with The Forester Team. It was pleasant and stress free all the way to the end. Thanks Casey!