Home loans and purchase programs

Understanding our home loans and niche purchase programs

With the housing market going crazy, this is an ideal time to buy. Every investor who is successful in the real estate investing game will tell you. "When everyone else is selling, that is the time to buy. A home loan from Allhomecredit.com will help you quickly purchase the home you want, either for investment or for a new start in a new home. From conventional loan programs to bad credit home loans. You can get a fast approval and get busy making offers on the home you want. Below are some ways we can help.

Jumbo home loans
Conventional home loans
Zero down home loans
Zero down bad credit home loans
Bad credit home loans
Investor loans
Commercial loans

Jumbo home loans
The dollar amount commonly know as the jumbo home loan limit varies from state to state. We take an average from around the country and call anything over $400,000 a jumbo loan. While qualifying for a jumbo loan is slightly tougher than a conforming loan amount under the 400 mark, we have many investors and programs for jumbo loans to make the process as easy as possible. From stated income, bank statement programs, or no documentation programs. If you are looking to move up to a new lifestyle or just move. We have a loan program that will make most any situation work.

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Conventional loans
The term conventional loans can be a confusing concept. Historically, it refers to a loan which does not fall under the jumbo category or niche loan program matrix. These are loans insured by FNMA or other administrations. Conforming loans are normally what most people refer to when looking for a low rate traditional loan program. A conforming loan is a conventional loan, the difference between conforming loans and all other loans which fall under the conventional loan category is normally the information used to qualify and secure conventional loans. For example if you required a stated income program where you simply state how much income you earn -vs- providing documention on your income. This is a non conforming loan.
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Zero down home loans
When purchasing a home, you do have the prospect of qualifying for a zero down loan. This is not to say that closing the home purchase loan will not cost you any money what so ever. It simply means that you will not be required to provide down payment towards the purchase price of the home as you would in a "Conforming loan". There will still be additional items that must be paid at the close of your transaction depending on the situation Our goal is to help you retain as much cash reserves in your bank account as possible, so when faced with the prospect of contributing down payment towards the purchase price of the home you are looking to buy. We feel that staying liquid in your cash on hand is a better situation. Equity of a home can come and go, or in other words is not certain. Cash on hand is much more certain and can be used to thwart any life situations where you might run into financial problems, where your credit might be damaged in the process.
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Zero down bad credit home loans
There exists a myth that bad credit home loans require down payment. This is far from the truth. There are some many loan programs that exist today to get you qualified for a zero down program even with bad credit. Two things matter when buying your new home with bad credit and you are attempting to qualify for a zero down program. The amount of resources your lender has a his or her disposal, and the experience level of the representative to make the transaction work even in the middle of the most difficult of situations.
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Bad credit home loans
In some situations zero down is not an option or is not neccessary. What is neccessary is a flexible home loan that you can qualify for even with bad credit. The loan must be a benefit not the straw that broke the camels back. Meaning reasonable interest rates and flexible terms to help you get into the house, give you time to get your credit back on track and ultimately go on to qualify for more conforming loan types sometime in the future. We specialize in helping people with bad credit get home loans, and to get their credit back on track. Talk with us and find out what is or isn't possible. Then get started on your next move.
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Investor home loans
Throughout this website you will hear us talk extensively about how this is the time to be purchasing homes. We have a broad spectrum of loan resources to get you financed on investment property. Investor home loans work virtually the same as traditional loan programs. There are tougher loan amount and loan to value requirements in some cases. If you are interested in purchasing any type of investment home we have dozens of flexible programs to make it happen for you.
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