Non-Conforming Loans
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:
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Harvest Financial Associates, LLC can assist those who do not have perfect credit or may have difficulty finding the best lender on their own.
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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.
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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.
