Shop The 12 Top Wholesale Mortgage Banks With One Call ~ Elite Mortgage Broker

Working with an Elite Mortgage Broker has many advantages over banks and credit unions. We shop the best creative loan options from the nations top wholesale mortgage banks to get you the best pricing. You will deal with one single Loan Officer who will check your credit, give you an "Early Approval" Letter for your Realtor, and process your mortgage file right up until you sign documents at escrow!  We only get compensated if we close a great loan for you.  Don't get juggled around by a banks large staff of junior employees, besides they decline over 50% of applicants.

  • "Early Approvals" & VIP pricing for high credit scores
  • 5% down Jumbo to 1 Million
  • Lower payments with lender paid Mortgage Insurance (MI)
  • FHA 1.5% down, Veterans VA & USDA 0% down, CONV 3% down
  • High Balance instead of Jumbo! Max $679,605 loan amount, No 2nd appraisal, 680 credit score, Purchase 90% / Refinance 80%, 43%DTI
  • We improve Credit Scores with our "Rapid Re-score"
  • NO Equity & NO Appraisal Refinances

Fixed Rate Mortgages (FRM)
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 (ARM)
Adjustable-rate mortgages include interest payments which shift during the loan’s term, depending on current market conditions. Typically, these loans carry a fixed-interest rate for a set period of time before adjusting.

Hybrid ARMs (3/1 ARM, 5/1 ARM, 7/1 ARM, 10/1 ARM)
Hybrid ARM mortgages combine features of both fixed-rate and adjustable rate mortgages and are also known as fixed-period ARMs.

HARP 2.0
HARP 2.0 is a refinance option for homeowners that are "underwater," meaning they owe more on their home than their home is worth.

FHA Loans
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
VA loans are mortgages guaranteed by the Department of Veteran Affairs. These loans offer military veterans exceptional benefits, including low interest rates and no down payment requirement. This program was designed to help military veterans realize the American dream of home ownership.

Interest Only Mortgages
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 specified period of time.

Components of an ARM
Prior to choosing a home loan, you should know the advantages and risks of adjustable-rate mortgages to make an informed, prudent decision.

Commonly Used Indexes for ARMs
This article includes a list of the most commonly used indexes by ARM lenders that affect ARM mortgage rates.

Balloon Mortgages
Balloon mortgages include a note rate that remains fixed initially, and the principal balance becomes due at the end of the mortgage term.

Reverse Mortgages
Reverse Mortgages allow senior homeowners to convert a portion of their home equity into cash while still living in the home.

Graduated Payment Mortgages
Graduated Payment Mortgages are loans in which mortgage payments increase annually for a predetermined period of time (e.g. five or ten years) and becomes fixed for the remaining duration of the loan.

What kind of loan program is best for you?
Should you get a fixed-rate or adjustable rate mortgage? A conventional loan or a government loan? Deciding which mortgage product is best for you will depend largely on your unique circumstances, and there is no one correct answer.