Conventional Mortgages

Under Conventional Financing you usually have a greater choice of programs with a greater flexibility. Although present market conditions have somewhat changed these we feel hopefull the some of these programs will eventually be back. Currently we have the following loan programs: 

Plan  
 
 
 
 
 
 Description
5301

Fixed Rate and Term, fully amortizing, Conventional conforming First mortgage.


5309
Adjustable rate mortgage loan program with an initial fixed rate period of three, five, seven or 10 years depending on the option selected. Upon the expiration of the Fixed rate period the program allows for annual increases or decreases to the interest rate.

5325

Community products are a collection of four (4) low or no down payment products Allowing flexible sources of funds for closing and prepaid expenses.


5332

Conventional Conforming first mortgage with interest only payments for an initial period, fully amortizing over remaining term.


5349

Fannie Mae Home Path Program specifically eligible for borrowers who are purchasing Fannie Mae Real Estate Owned Properties. Appraisal and Mortgage Insurance are not required. A Credit Score of at least 660 and a 3% Down Payment are required. Eligible properties can be located at www.homepath.com


 

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Helping Florida's HomeOwners
and HomeBuyers
With Ethics And Consideration!
I Understand You!  

Juan Luis Rodriguez-Kohly
Your Trusted Mortgage Professional
Reverse Mortgage Specialist
NMLS: 257898

Direct Tel: 786-262-6486
305-445-9003 ext 118
RodKohly@GMail.com

Banking Mortgage Services Corp.
5820 SW 40th St (Bird Road), Miami FL  33155
NMLS: 257880

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Juan Luis Rodriguez-Kohly Loan Originator, Banking Mortgage Services Corp. 5820 SW 40th Street (Bird Road) Miami, FL 33155
Phone: Cell: Fax:

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