As an independent mortgage lender, Apex provides a versatile range of loan options. Our Mortgage Bankers can accommodate borrowers within a wide range of credit and income backgrounds.
They work tirelessly to find and structure a home loan tailor-made to fit each borrower’s diverse needs. Whether you’re a first-time homebuyer, a seasoned homebuyer looking for a change of scenery, or a current homeowner interested in refinancing, Apex's expertise may be the solution you are looking for.
Mortgage Types can be broken down into 3 categories:
Conforming/Conventional: A loan that meets underwriting requirements set forth by a Government-Sponsored Enterprise (GSE) (i.e. Fannie Mae and Freddie).
Non-Conforming/Jumbo: A loan that does not meet GSE requirements, often due to the loan amount. Jumbo loans are frequently non-conforming.Government: A loan that is guaranteed by a Governmental entity. FHA , VA and USDA/RHS loans are the most common of this type.
Mortgage programs are the defined repayment terms of your loan. The mortgage program you choose designates the length of your loan and can determine the amount of your down payment.
Finding the best loan program for your situation depends on several factors; Your current financial standing, how long you plan to remain in your home, and your financial goals all must be considered. It is necessary to consult with a Mortgage Banker who can take these factors into account in order to choose the right loan.In the meantime, evaluate your options by learning about the main mortgage programs:
Fixed Rate Loans
Adjustable-Rate Mortgages (ARMs)
Mortgage loans are broken into three categories: conforming/conventional, Non-conforming/Jumbo, and Government. Finding the perfect loan might seem a bit overwhelming. That’s why it’s important to have a trusted lender on your side. Contact us today and let our team of mortgage experts analyze your unique financial picture and goals to match you with the perfect mortgage!