Loan
Programs
Loan Program Options
Construction Loans
We Offer Three Types of Construction Loans:
Short-Term Construction Loan (12-24 Months) – Builder/Developer
This loan is ideal for clients planning to build a property for resale or engage in fix-and-flip projects.
Given the current market conditions, builders must demonstrate a track record of successfully completed similar projects.
Note:
The borrower must already own the land. While having a fully paid-off lot is recommended before starting construction, it is not a strict requirement.
Most lenders will finance up to 65% of the After-Repair Value (ARV), and an appraisal is necessary.
To qualify, borrowers should have at least 25% equity in the land, approved permits, and a well-structured budget. Experience as a general contractor is a key factor in the approval process.
One-Time Close (OTC) Construction Loan
This loan is designed for individuals building a home for personal occupancy. However, borrowers cannot personally perform any construction work—only apply for permits.The builder and borrower must be separate entities.
This loan combines both the construction phase and permanent financing into one, with a15- or 30-year mortgage, eliminating the need for multiple closings.
Eligibility follows conventional loan standards:
✔Two years of employment history
✔Two years of tax returns
✔Minimum FICO score of 620
Advantages:
A single closing takes place before construction begins, and upon completion, the loan seamlessly transitions into a fully amortized 30-year fixed mortgage. If the borrower owns the land outright, closing costs for the construction portion are often unnecessary.
The mortgage company pre-approves the builder to ensure they hold a valid license, insurance, a W9 form, and relevant experience, with no prior criminal history—giving borrowers peace of mind when selecting a contractor.
Multifamily & Commercial Construction Loans
This loan is designed for the construction of
multifamily residences, hotels, industrial properties, and healthcare facilities. In this case, assets, financial reserves, and prior development experience play a significant role in loan approval.
Financing can be structured as a conventional loan through SBA loan programs.
✔Minimum project size: $5 million
✔ The borrower must have previous experience with similar large-scale developments and secure the necessary permits.
Consultation is required before applying for permits to ensure a smooth application process.
We proudly collaborate with Quality Builder Group LLC , offering in-house services including new construction planning, civil engineering, architectural design, 3D renderings, and builder consultation.
Cash-Out Refinance
Unlock Your Home’s Equity with a Cash-Out Refinance
Looking for a way to tap into your home’s equity while securing a lower mortgage rate? A cash-out refinance might be the perfect solution.
A cash-out refinance allows you to replace your existing mortgage with a new loan for a higher amount than what you currently owe. The difference is paid to you in cash, giving you the flexibility to use the funds however you see fit—whether it’s for home improvements, debt consolidation, or other financial goals.
Staying informed about current refinance rates is essential, and The Leverage Group is here to guide you through the process and determine the best time to refinance.
Why Consider a Cash-Out Refinance?
✔Access Your Home’s Equity:
Your home’s value has likely increased over time, and a cash-out refinance lets you turn that equity into usable cash for large expenses or investments.
✔Consolidate High-Interest Debt:
Refinancing at a lower mortgage rate can help you pay off high-interest credit cards, personal loans, or other debts , reducing your overall monthly payments.
✔Fund Major Expenses:
Whether you need to renovate your home, cover medical costs, or invest in education, a cash-out refinance provides the financial flexibility to meet your needs.
✔Secure a Better Mortgage Rate:
Depending on market conditions, you may be able to lock in a lower rate
while pulling out cash—helping you save money on interest over the life of your loan.
Is Now the Right Time for a Cash-Out Refinance?
We offer a variety of refinancing options to help you maximize your home’s equity while securing the best possible loan terms. If you're ready to explore your options, The Leverage Group can provide expert guidance on the refinancing program that best suits your needs. Take advantage of your home’s equity today—contact us for a personalized consultation!
Jumbo Loans
What is a Jumbo Loan?
A jumbo loan is a type of mortgage designed to finance properties that exceed the borrowing limits of conventional conforming loans. In most counties, the
maximum conforming loan limit set by the Federal Housing Finance Agency (FHFA) is $548,250, If a home’s price surpasses this threshold, a jumbo loan
is required to cover the cost.
How Do Jumbo Loans Work?
Also referred to as non-conforming conventional mortgages, jumbo loans are viewed as higher risk by lenders because they aren’t backed by Fannie Mae or Freddie Mac . Without this government guarantee, lenders take on greater financial risk , which can impact eligibility requirements.
Despite this, jumbo loans are widely available and can be structured with either a fixed interest rate or an adjustable rate, offering borrowers flexibility in repayment terms. If you're considering a high-value home purchase, a jumbo loan may be the right financing option for you. Contact The Leverage Group today to learn more about your loan options and eligibility requirements.
Refinance Mortgage Loans
Looking to Reduce Your Mortgage Interest and Lower Your Monthly Payments?
Refinancing your mortgage could be the right move for you.
A mortgage refinance allows you to replace your existing loan with a new one under updated terms. This can help lower your monthly payments, potentially leading to significant savings over time.
Keeping track of current refinance rates is crucial, and The Leverage Group is here to guide you through the process, helping you determine the right time to refinance.
Why Consider a Mortgage Refinance?
✔Lower Your Monthly Payment:
With interest rates still at competitive levels, refinancing with The Leverage Group could help you reduce your monthly mortgage cost and put more money back in your pocket
.
✔Consolidate High-Interest Debt:
If you have outstanding debts with higher interest rates, refinancing may allow you to combine them into one manageable payment with a lower rate. Even if your credit isn’t perfect, we can help you find a solution to reduce your overall payments and improve your financial standing.
✔Pay Off Your Mortgage Faster:
A shorter loan term often comes with a lower interest rate, meaning you could
save thousands over time without a dramatic increase in your monthly payment. Many homeowners take advantage of today's market conditions to refinance into a shorter-term loan and pay off their mortgage sooner.
Is Now the Right Time to Refinance?
We offer a range of refinancing options to fit your needs. When you're ready to explore your options, The Leverage Group is here to help. Our team will provide expert advice on the best refinance program for your situation.
Take the next step today— contact The Leverage Group for a consultation!
FHA Mortgage Loans
What is the Federal Housing Administration (FHA) Loan Program?
Established in 1934, the Federal Housing Administration (FHA) was created to enhance housing standards and develop a reliable home financing system backed by mortgage insurance. This initiative allowed families who might have struggled to qualify for traditional loans to achieve homeownership and purchase their dream homes.
How Does FHA Loan Insurance Work?
Unlike conventional lenders, the FHA does not issue loans directly. Instead, it
insures mortgage, offering protection to lenders in case a borrower defaults. If a homeowner fails to make payments, the lender is compensated through the FHA insurance fund, reducing lender risk and making homeownership more accessible to a broader range of buyers. If you're looking for a low down payment mortgage option with more flexible requirements, an FHA loan might be the right fit for you. Contact The Leverage Group today to explore your eligibility and financing options.
Buy a house with as little as 3.5% down.
Ideal for the first-time homebuyers unable to make larger down payments.
The right mortgage solution for those who may not qualify for a conventional loan.
Down payment assistance programs can be added to a FHA Loan for additional down payment and/or closing cost savings.
Reverse Mortgage Loans
Understanding Reverse Mortgages
A reverse mortgage a specialized home equity loan that allows homeowners to
access the cash value of their home while continuing to retain ownership.
Home equity refers to the home’s market value minus any outstanding mortgage balance.
Unlike traditional mortgages, a reverse mortgage operates in reverse—instead of making monthly payments to the lender, the lender provides funds to the homeowner. No monthly payments are required for principal, interest, or servicing fees as long as the homeowner remains in the property. These funds can be used for various expenses, including housing costs, property taxes, insurance, and home maintenance.
How Does a Reverse Mortgage Work?
To qualify, you must own your home. Depending on the lender and the mortgage type, funds can be received in a lump sum, monthly installments, a line of credit, or a combination of these options. The loan amount is determined by your age, home equity, and the lender’s interest rates.
.
While the borrower retains full homeownership, they are responsible for ongoing property taxes, maintenance, and repairs.
A reverse mortgage becomes due with interest when the homeowner permanently moves, sells the home, passes away, or reaches the end of the loan term. If the homeowner dies, the lender does not take ownership of the home. Instead, heirs have the option to repay the loan—either by refinancing into a conventional mortgage (if eligible) or by using the proceeds from selling the home.
If you're considering a reverse mortgage, reach out to The Leverage Group today to explore your options and determine if this loan fits your financial goals.
VA Mortgage Loans
VA Mortgage Loans: A Homeownership Benefit for Veterans
As a benefit of military service, the Department of Veterans Affairs (VA)
provides special home financing options to help veterans and active-duty service members purchase a home with little to no down payment
.VA loans come with flexible terms, allowing buyers to choose between
fixed-rate and adjustable-rate mortgage options.
How VA Loans Work
A VA loan allows eligible borrowers to finance 100% of the home’s purchase price, eliminating the need for a down payment. However, buyers must still
meet the lender’s qualification criteria, which typically include a review of
credit history and financial stability. If an applicant has significant debt or financial concerns, lenders may require them to pay down debt or save additional funds before approving the loan. While VA loans eliminate the need for a down payment, buyers may still be responsible for closing costs, such as
title recording fees and attorney services. Some of these expenses can be
negotiated with the seller, so it’s important to discuss these details with a
real estate agent before making an offer.
The VA Loan Process
The VA loan process closely follows the traditional home-buying process, with the buyer submitting a written offer outlining terms such as price, closing costs, and contingencies. Afterward, the lender evaluates the application for approval. The key difference with a VA loan is that the Department of Veterans Affairs requires the home to meet specific livability standards .A VA-approved inspector and appraiser will assess the property to ensure it is in
good condition and valued appropriately
While this step may sometimes cause delays, it doesn’t necessarily prevent the loan from being used. If repairs are needed, they must be completed before closing to ensure the home meets VA safety and quality standards.
Recently, the VA introduced a renovation loan option, allowing buyers to use a VA loan for homes that need limited repairs or updates. If you're a veteran or active service member considering homeownership, a VA loan could be the
ideal financing solution. Contact The Leverage Group today to explore your options and determine your eligibility.
How VA Loans Work
Purchase your home with as little as 0% down payment.
30-, 25-, 20- and 15-year terms are all available with fixed rates.
5-year adjustable rate mortgage available.
Jumbo VA loans available.
VA Streamline Refinance with a reduced funding fee and flexible documentation requirements – available for veterans currently in VA loans.
No monthly PMI (Private Mortgage Insurance).
VA loans are governed by the U.S. Department of Veterans Affairs.
Pay your mortgage off at any time without pre-payment penalties.
USDA Loans
USDA Home Loans: Affordable Financing with Low or No Down Payment
USDA loans provide a flexible financing option for homebuyers, available as either fixed-rate or adjustable-rate mortgages. Even with less-than-perfect credit, you may still qualify. For buyers struggling to save for a large
down payment, USDA loans offer a unique opportunity to become homeowners with little to no upfront costs. While many buyers are familiar with FHA or VA loans, the USDA Single Family Housing Guaranteed Loan Program is another excellent option that often goes unnoticed.
What is a USDA Home Loan?
The United States Department of Agriculture (USDA) oversees this program, but it does not lend money directly Instead, similar to FHA and VA loans,
USDA loans are guaranteed by the government. Borrowers secure financing through banks, credit unions, or other private lenders, with the USDA providing a guarantee that protects lenders in case of borrower default.
Because of this guarantee, lenders take on less risk , making it possible to
offer low or no down payment options to qualified buyers.
Who Can Qualify for a USDA Loan?
Despite its name, a USDA loan isn’t just for farms or agricultural properties. This program is designed to help low- and moderate-income buyers purchase
safe, modest, and sanitary homes in eligible rural and suburban areas.
To qualify, borrowers must:
✔Meet income requirements
(based on location and household size)
✔Purchase a home in a USDA-approved area
✔Use the home as their primary residence
If you’re unsure whether a property qualifies, you can check eligibility online or consult with a lender.
USDA loans can be used for purchasing new homes, existing homes, and even fixer-uppers that need renovation. If saving for a down payment has been a challenge, this loan program could be the solution you’ve been looking for.
How USDA Loans Work
✔Buy a home with as little as 0% down
✔ Fixed-rate loan terms available: 30, 25, 20, and 15 years
✔5-year adjustable-rate mortgage option
✔No monthly PMI (Private Mortgage Insurance)
✔No prepayment penalties—pay off your loan at any time
Since USDA loans are backed by the U.S. Department of Agriculture, they offer
affordable financing and long-term stability for qualified buyers.
Qualification Requirements
✔Household income limits apply (varies by location)
✔Only available in specific rural and suburban areas
✔Purchase a primary residence with no money down
✔Refinance up to 100% of your home’s value
Curious if a USDA loan is right for you? Contact us today to explore your options and see if you qualify!
Adjustable Rate Mortgages (ARM)
Understanding Hybrid ARM Mortgages
Hybrid ARM mortgages, also known as fixed-period ARMs, blend features of both fixed-rate and adjustable-rate mortgages. These loans begin with a fixed interest rate for an initial period—typically 3, 5, 7, or 10 years—before transitioning into an adjustable-rate mortgage (ARM) for the remainder of the loan term. For example, a 30-year hybrid ARM may offer a fixed rate for seven years, followed by an adjustable rate for the remaining 23 years.
Why Consider a Fixed-Period ARM?
One of the key advantages of a hybrid ARM is that the initial fixed rate is lower
than the interest rate on a traditional 30-year fixed mortgage —sometimes significantly. This allows borrowers to lock in a lower rate while benefiting from a stable monthly payment during the fixed period.
In contrast, a one-year ARM adjusts annually, meaning the rate changes every
12 months after the loan is taken out. While ARMs typically start with lower rates than standard fixed-rate mortgages, they come with the potential for future interest rate increases.
Who Should Consider a Hybrid ARM?
Many homeowners choose hybrid ARMs with the goal of refinancing before the fixed-rate period ends. These loans are particularly well-suited for
buyers who don’t plan to stay in their homes long-term. With a lower initial interest rate and reduced monthly payments, borrowers can offset refinancing costs such as title insurance and appraisal fees more quickly.
Additionally, since monthly payments are lower during the fixed-rate period, borrowers can make extra payments to pay off the loan faster, potentially saving thousands of dollars over time.
If you're considering a hybrid ARM,
The Leverage Group can help you explore your options and determine the best loan structure for your financial goals. Contact us today to learn more!
Foreign Buyers
Your Guide to Buying Property in the U.S. as a Foreign Buyer
Thinking about purchasing property in the United States—whether as a
vacation home or an investment opportunity? Navigating the U.S. mortgage process as a foreign buyer can seem complex, but The Leverage Group is here to make it simple.
We specialize in helping international buyers understand financing options, investment opportunities, and lender requirements. Our team will guide you through every step, ensuring a smooth and efficient mortgage process tailored to your unique financial situation.
Let The Leverage Group help you secure the perfect property with expert insights and personalized mortgage solutions. Contact us today to get started!
Conventional Fixed Rate Mortgages
Conventional Fixed-Rate Mortgage: A Stable and Reliable Loan Option
A fixed-rate mortgage is the most popular and traditional home loan option, offering consistent monthly payments throughout the loan term. With this type of mortgage, both principal and interest payments remain unchanged, providing long-term financial stability. Fixed-rate loans are available in terms ranging from 10 to 30 years and, in most cases, can be paid off early without prepayment penalties. Each loan is structured to be fully paid off by the end of the term through amortization.
How Fixed-Rate Mortgages Work
While your principal and interest payments remain constant, your total monthly mortgage payment could fluctuate if you have an impound (escrow) account. Many lenders require borrowers to contribute additional funds each month to cover property taxes and homeowners insurance. These funds are held in an impound account and used to pay these expenses when they come due.
If property taxes or insurance rates increase or decrease, the lender will adjust the escrow portion of the monthly payment accordingly. However, even with these potential changes, fixed-rate mortgages remain one of the most stable and predictable financing options available.
If you’re looking for a reliable loan with long-term payment stability, a conventional fixed-rate mortgage could be the perfect solution. The leverage Group is here to help you explore your options and find the right mortgage for your needs. Contact us today to get started!
Interest Only Mortgages
Understanding Interest-Only Mortgages
An interest-only mortgage allows borrowers to make monthly payments that cover only the interest for a specified period, without reducing the loan principal. These loans are available with fixed-rate, adjustable-rate, and option ARM structures. Once the interest-only period ends, the loan transitions to a fully amortized payment schedule, leading to a significant increase in monthly payments. The longer the interest-only period, the larger the payment jump when principal payments begin.
Pros and Considerations of Interest-Only Loans
While interest-only loans don't build home equity during the initial phase, they can help buyers afford a more desirable property rather than settling for a less expensive option. Since qualification is based on the lower initial payment, many borrowers plan to refinance before the interest-only term expires—allowing them to delay principal payments while enjoying homeownership benefits, such as tax deductions and potential property appreciation.
For example, consider a $250,000 loan at 6% interest:
A 30-year fixed mortgage results in a $1,499 monthly payment.
A 30-year loan with a 5-year interest-only period starts at $1,250 per month, saving $249 per month or $2,987 per year during the initial term.
After year five, payments increase to $1,611, a $361 monthly jump.
Borrowers typically plan for this adjustment by increasing income, refinancing, or selling before payments rise.
Who Benefits from Interest-Only Mortgages?
These loans can be advantageous for borrowers with fluctuating incomes, such as business owners or commission-based professionals. If the loan structure allows, borrowers can make larger payments when income is strong while relying on interest-only payments during lean periods.
While interest-only loans offer short-term savings, they result in higher overall costs over the life of the loan. However, since most homeowners sell or refinance before completing a full 30-year term, the long-term cost difference may be negligible.
If you're considering an interest-only mortgage, The Leverage Group can help you evaluate your options and find the best loan strategy for your financial goals. Contact us today to learn more!
Investment Property Loans
Investment Property & Vacation Home Loan Options
Investing in rental properties or vacation homes can be a great way to build wealth, and choosing the right mortgage loan is key to maximizing returns. Whether you're looking for a long-term investment or a second home for personal use, we offer loan options to help you secure the best financing terms for your property.
30-Year Fixed Loan: Stability & Low Monthly Payments
Lock in today’s competitive rates with a traditional 30-year fixed mortgage, ensuring a consistent, affordable payment over the life of the loan. In some cases, you may even qualify for owner-occupied financing with lower interest rates, depending on how you plan to use the home. Speak with a loan specialist to explore your eligibility and find the best option for your investment strategy.
15-Year Fixed Loan: Pay Off Your Mortgage Faster
Enjoy the security of a fixed-rate loan while paying off your property in half the time. A 15-year mortgage means you’ll pay less interest overall and build equity faster, increasing your long-term investment income potential.
Get Pre-Qualified & Stay Ahead of the Market
The best investment properties and vacation homes sell fast. Strengthen your position as a buyer by getting pre-qualified today, giving you a competitive edge when making an offer.
Don’t miss out on a great opportunity—contact us today to get started!
Contact Info
Phone: 470-916-7799
email: [email protected]
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Company NMLS: 320841