Residential Lending

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ResCom Loans (a correspondent mortgage lender) is here to handle ALL of your residential lending needs. You'll be amazed at how quickly and simply the loan process moves. Before you know it, you'll have a mortgage that suits your lifestyle and saves you money. After all... If we can't find a way... we WILL make one. - and that's our promise to you.

SOME HELPFUL LOAN READING INFORMATION:

Buying Your Home - Understanding Settlement Costs & Helpful Information

Consumer Handbook on Adjustable Rate Mortgages

 SOME PROGRAMS OF INTEREST \

 

New 100% Investor Loans:

Stated Income available; commercial/ retail strips, apartments, and even family mobile home parks w/ park owned rentals! Don't give up before you give us a shot.

 

JUMBO Loans:

A loan that does not conform to the guidelines established by Fannie Mae or Freddie Mac or it exceeds the conventional loan limit is called a Jumbo mortgage loan. These loan amounts can go up to ten million dollars. Loan to value limits for Jumbo loans range from 50% to 95% depending on the loan amount.

 

Bad Credit Loans:

If you have had bankruptcies, late payments, collections, or judgments we can still help you qualify for a mortgage.

 

Construction Loans:

Whether building a dream home or a commercial building to occupy, or for investment... We may have the perfect construction loan for you. 

Arms: Check out 3/1, 5/1, 7/1, and 10/1 ARM plans (to name a few)

No Cost Refinance:

Fixed Rate Mortgages:

We can structure your loan to fit YOUR needs; able to meet your desired closing costs and interest rate. We may be able to accommodate 15, 20, and 30 year fixed rate plans. Check out our ARMS for huge savings if you plan on living in your home less than 10 years.

Papers  Needed to Close On Any One of our Loans:

  • Last 2 months bank statements,
  • Last two years tax returns and W2's,
  • Latest 401K and Stock account balance statements,
  • Last 30 days of pay stubs,
  • Name of insurance agent and contact info,
  • Copy of real estate contract if purchase or construction,
  • Copy of recent mortgage statement if refinance.

 

 


 

 

(813) 293-6655