There are a number of different types of home loans available to you, and it can pay to familiarize yourself with them. Luckily we're here to help you choose the best type of home loan for your needs.
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The most common type of loan option, the traditional fixed-rate mortgage includes monthly principal and interest payments which never change during the loan's lifetime.
Adjustable-rate mortgages include interest payments which shift during the loan's term, depending on current market conditions. Typically, these loans carry a fixed-i...
Interest only mortgages are home loans in which borrowers make monthly payments solely toward the interest accruing on the loan, rather than the principle, for a specif...
Graduated Payment Mortgages are loans in which mortgage payments increase annually for a predetermined period of time (e.g. five or ten years) and...
A conventional loan is a type of loan that is not insured by the government. Conventional loans offer more flexibility and fewer restrictions for borrowers, especially those borrowers with good credit and steady income.
FHA home loans are mortgages which are insured by the Federal Housing Administration (FHA), allowing borrowers to get low mortgage rates with a minimal down payment.
VA loans are mortgages guaranteed by the Department of Veteran Affairs. These loans offer military veterans exceptional benefits, including low interest rates and no ...
A jumbo loan is a mortgage used to finance properties that are too expensive for a conventional conforming loan. The maximum amount for a conforming loan is $766,550 in...
Down Payment Assistance
Available for FHA/ Conv. products
The assistance amount is up to 5% of the loan amount
Borrowers can use the assistance for the minimum required investment, closing costs, and/or prepaid items
Minimum FICO Allowed 580
DSCR (Debt Service Coverage Ratio) loans, tailor-made for real estate investment properties. Whether you operate as an individual or an LLC, our versatile loan options are designed to fuel your real estate ambitions.
USDA Mortgage 100% Financing and No Closing Cost through SmartBuy DPA
620 for 3.5% or 5% repayable assistance
660 for 3.5% forgivable assistance
Fix-and-Flip / Bridge loan program to offer a maximum rehab size of $300k, and rehab amounts up to 150% of the cost basis (previously 100%).
Multifamily Properties DSCR Loans 5-24 Units available in 39 States for business purposes or non-owner occupied.
Apartment Building
Qualifies solely off DSCR Annual NOI Net Operating Income / Annual
PITI payment
Unlock the Potential of Condotel Investments with MKG Enterprises Corp!
Our hybrid properties offer the unique advantage of condo ownership with the rental benefits of a hotel. Explore our exceptional financing options:
Asset Qualifier DSCR Loans: Liquid Assets Required $500K, No Income or DTI Required!
Asset Qualifier DSCR Loans: Leverage Your Liquid Assets, No Income or DTI Required!
One closing! Which means one interest rate (with the option to modify down if the market improves), one down payment, one full credit report to order and one approval.
Eligible on 15-and 30-year fixed conventional and high balance loans and 7- and 10-year ARMs
Available on primary, second and investment property purchases and rate/term refinances
700+ FICO, up to 95% LTV
11-month maximum build period with 1-month modification period
Loan amounts up to the conforming loan limits
$726,200 for regular one-unit loans
Take your energy independence to the next level with our Homestyle Energy Mortgage.
Don't let rising energy costs drain your finances. Invest in your home's future, reduce your carbon footprint, and enjoy long-term savings with MKG Enterprises Corp Homestyle Energy Mortgage.
The FHA 203(k) Limited Rehab Loan offers an accessible solution for minor home improvements and repairs, ideal for enhancing the value and comfort of your property.
This loan is perfect for borrowers seeking quick, affordable upgrades without major structural changes.
