MOXIE LOAN OPTIONS
Conventional 30 Year Fixed
The most popular loan for buying or refinancing a home, offering a fixed rate for 30 years, downpayments as low as 3%, and options with no mortgage insurance.
Conventional 15 Year Fixed
Shorter term means higher monthly payments, but lower interest paid overall. Buy with as little as 5% down or options with no mortgage insurance.
Conventional Adjustable Rate (ARM)
Start with a fixed rate for 5,7, or 10 years, which adjusts every 6 months thereafter. This could offer a lower interest rate and savings than a fixed rate option.
FHA
Buy or refinance with as low as 3.5% down. FHA offers lower credit requirements and allows for high debt limits than other products.
VA
Those with military service benefits can buy or streamline refinance with a little as 0% down and often with a lower interest rate than other options.
USDA
Eligible individuals can buy or refinace in a USDA-designated rural area with as little as 0% down and often a lower interest rate than other options.
Down Payment Assistance
Designed to make homeownership more affordable by reducing or eliminating the need for a down payment.
Jumbo
Buy or refinance beyond conventional loan limits ($806,500 for a single-family home in most areas) with many options not requiring mortgage insurance.
Bridge Loan
Buy before you sell your current home with a short term loan that enables you to make non-contingent offer.
Home Equity Line of Credit (HELOC)
Use your home equity to get access to cash, only pay interest only on the amount used, and typically at interest rates lower than credit cards or personal loans.
Home Equity Loan (HELOAN)
Use your equity to get a lump‑sum amount with a fixed interest rate and predictable monthly payments— ideal for financing renovations or debt consolidation.
Asset Utilization
Qualify using liquid assets (like savings or investments) as income, rather than traditional employment or W-2 income. Ideal for retirees and high-net-worth individuals.
Debt Service Coverage Ratio (DSCR)
Invest in real estate based on the property’s cash flow rather than your personal income—meaning no tax returns or W‑2s are required.
Purchase + Renovation Loan
Finance both the purchase and renovation of a property with a single mortgage. Ideal for buying fixer-uppers.
Land Loan
Buy raw land with the option to also include up to 100% financing for the construction of a home.
No Ratio Loan
Qualify for a mortgage without income or employment documentation, relying instead on factors like your credit score, assets, and down payment.
Bank Statement Loan
Qualify using 12–24 months of bank deposit statements instead of W‑2s or tax returns. Ideal for self-employed individuals who claimed tax write-offs in prior years.
P&L Loan
Qualify using a profit and loss statements rather than tax returns or W‑2s, offering self‑employed borrowers flexibility for fluctuating income and potentially higher loan amounts.
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