A Non-Conforming Loan is a loan that fails to meet typical bank criteria for funding. In general, a real-estate loan is qualified as a non-conforming loan because either the borrower’s financial status or the property type does not meet standard performance guidelines. The most common situation in which a non-conforming loan can be applied is when the loan amount is higher than the conforming loan limit. With Harvest Financial Associates, LLC’s non-conforming loan programs you can buy or refinance condos, modular homes, multi-family homes, single-family homes, Rural Homes, Farms and Agricultural Loans
Borrowers should select non-conforming lenders in the same manner they shop for any other loan. Look for good rates and especially a good customer service rating. Harvest Financial Associates is a Mortgage Broker. Here are a few of the advantages of working with Harvest Financial Associates, LLC:
Harvest Financial Associates, LLC can assist those who do not have perfect credit or may have difficulty finding the best lender on their own.
Brokers have detailed knowledge about different lenders and may be able to find a lender who specializes in the type of loan the borrower is looking for.
Harvest Financial Associates, LLC offer their home loan service free of charge to their clients because the lenders pay Harvest Financial a commission when the loan is settled. This means you can tap into all of the benefits listed above at no cost to you.
Contact us today and speak with a mortgage specialist to determine whether a non-conforming loan is the right choice for you. Whether purchasing or refinancing. Our knowledgeable loan specialists will answer your questions and guide you through every step of the loan process.