Loan programs
Every program I offer, explained the way I explain it in the Masterclass. If you don't see your situation, call me. It's probably in here under a different name.
Loan types
Conventional loans
The workhorse mortgage. Fannie Mae and Freddie Mac guidelines, as little as 3% down, and mortgage insurance that goes away as you build equity.
Physician and dentist loans
Low or no down payment, no mortgage insurance, student debt treated realistically, and the ability to close on a signed contract.
Jumbo loans
Loan amounts above the conforming limit. Minimum 15% down on my program, closer attention to reserves, and competitive pricing for strong borrowers.
VA home loans
Zero down, no mortgage insurance, reusable for life. The benefit I've closed the most of, and the one most lenders only half understand.
FHA loans
3.5% down and forgiving credit rules. The right tool for some buyers, and more expensive than it looks for others.
USDA loans
Zero down for homes in eligible areas, with income limits. More of the country qualifies than people assume.
Portfolio lending
Loans Capital Bank keeps on its own books, underwritten by people. For solid files that don't fit an agency box.
Home equity lines of credit
A line of credit behind your first mortgage. Often the cheapest borrowing you have, and frequently a better move than a cash-out refinance.
Non-QM loans
Bank statement, 1099, DSCR, asset-depletion, foreign national and ITIN programs for income that's real but doesn't fit on a W-2.
Rate structures
Fixed-rate mortgages
One rate and one principal-and-interest payment for the whole term. The right choice more often than not.
Adjustable-rate mortgages
A lower rate for a fixed number of years, then adjustments with caps. Useful when you know your timeline.
Rate buydowns
Temporary and permanent buydowns, side by side: what each costs, what each saves, and how to decide which one a seller's money should buy.
Where I lend
All 50 states, from Rockville, Maryland. A few places get their own page because the rules there are different enough to be worth explaining.
Washington, DC and Maryland
Home base. High-cost loan limits, DC's reduced recordation tax, Maryland's first-time buyer transfer tax break, and the programs that go with them are on each loan page above.
Northern Virginia
Arlington, Alexandria, Fairfax, Loudoun and Prince William. VA-heavy, condo-heavy, and inside the DC high-cost limits.
New York
NYC, Long Island, Westchester and upstate. Non-QM and jumbo, mortgage recording tax and CEMA, and the honest word on co-ops.
Not sure which one fits?
That's the normal starting point. Thirty minutes on video usually narrows it to one or two.