Finding a mortgage lender is crucial to home buyers.
Investors Mortgage Corporation can help!
Investors Mortgage Corporation, Your Personal Home Lender™ will simplify the process of financing your home. We will help guide you through the purchasing process, every step of the way. We have access to the market's most up-to-date information and will provide recommendations about the most suitable mortgage plans. We understand that every client's situation is unique, and will focus on your mortgage finance needs and financial situation.
100% Financing Loans
10, 15, 20, 30 & 40-Year Fixed Rate
Adjustable Rates
Interest Only Loans
Alternative Documentation Loans
Balloon Mortgages
FHA Loans (First Time Buyers)
New Construction Loans
Refinance
100% Financing Loans
Finance 100% of the purchase price of your home.
Fixed Rate Mortgages
With fixed rate mortgage (FRM) loan the interest rate and your mortgage monthly payments remain fixed for the period of the loan. Fixed-rate mortgages are available for 10, 15, 20, 30 & 40 years. Generally, the shorter the term of a loan, the lower the interest rate you could get.
Adjustable Rate Mortgages
Variable or adjustable loan is loan whose interest rate, and accordingly monthly payments, fluctuate over the period of the loan. With this type of mortgage, periodic adjustments based on changes in a defined index are made to the interest rate. The index for your particular loan is established at the time of application.
Interest only
A mortgage is "interest only" if the scheduled monthly mortgage payment – the payment the borrower is required to make --consists of interest only. The option to pay interest only lasts for a specified period, usually 5 to 10 years. Borrowers have the right to pay more than interest if they want to.
Alternative Documentation Loans
Alternative Documentation (Alt-A) mortgage loans are usually much more flexible that traditional loans. The Alt-A loan reduces the gathering of documentation associated with fully documented loans, such as providing income verification and documentation of assets.
Balloon Loans
Balloon loans are short-term fixed rate loans that have fixed monthly payments based usually upon a 30-year fully amortizing schedule and a lump sum payment at the end of its term. Usually they have terms of 3, 5, and 7 years.
FHA Loans - First Time Buyer
This is a program for first time homebuyers. The program offers fixed rate financing at or below current market rates with closing cost assistance if qualified.
New Construction Loan
New construction financing is designed for the construction of new residential homes. Terms are generally structured for interest only payments while your home is being built. Upon completion, the loan is modified into the mortgage product best suited to your long term needs.
Refinance
Our experts will help you determine if refinancing is right for you. If it's time to refinance, you could lower your monthly payment, consolidate debt, shorten the term of your mortgage, and even take out some extra cash.
Pre-qualify for a home loan - Call Investors Mortgage Corporation at (248) 865-3016 to get started today!
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Mortgage Services