News
Lobbyist are pressuring the Treasury Department to prepare a plan to purchase current portfolios of mortgages from banks in hopes of lowering mortgages rates lower.
Last week, the Federal Reserve announced it would buy $500 billion in mortgage backed securities from Fannie Mae, Freddie Mac a Ginnie Mae. Response was immediate as mortgagerates dropped.
Conventional Residential Loans
Conventional loans are also known as "A Paper Loans".
We are a direct lender for conventional loans.
Our pricing on conventional loans is better than going to a local bank or credit union.
Why? We have special arrangements with national lenders that we produce volume loans and pass the savings on to our borrowers.
We look for volume and for quality.
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