Fixed Rate Mortgages are the most classic form of loan for home and product purchasing in the United States. We offer both
15 year and 30 year programs.
Our 30 year Fixed Rate Mortgage offers the lowest monthly payments of fixed rate loans, while providing for a never-changing monthly payment schedule. While our 15 year Fixed Rate Mortgage allows homeowners to own their homes free and clear in half the time and for less than half the total interest costs of the traditional 30-year loan.
Adjustable Rate Mortgages (ARMs) have become one of the most popular and effective tools for helping some prospective home buyers
achieve their dream of home ownership. Developed during a time of high interest rates that kept many people out of the housing market,
the ARM offers lower initial rates by sharing the future risk of higher rates between borrower and lender.
ARMs can be an excellent choice of financing under certain conditions, such as rising income expectations, high interest rates, and short-term home ownership. But because payments and interest rates can increase, either steadily or irregularly, home buyers considering this type of mortgage need to have the income to keep up with all possible rate and/or payment changes.
Buy a home with a very low down payment and flexible qualifying guidelines. Gift funds are allowed for the entire down payment,
closing costs, and pre-paid items. FHA and Choice FinanceÃÂÃÂÃÂÃÂÃÂÃÂÃÂÃÂ® will get you into your home when many other programs are unable to.
Many sub-prime borrowers will also qualify for an FHA loan... ask us if that's you... and refinance out of your subprime loan and into a low rate FHA loan. FHA qualifying is very flexible and is not based as heavily on credit scores.
Take advantage of your VA eligibility and purchase a home with $0 down or lower your current VA rate through the easy qualifying streamline refinance. The VA will not only allow the seller to pay all of your closing costs, you can also get the seller to pay 4% in addition to paying your closing costs. This 4% can go towards your escrow accounts, prepaid interest, buying down your rate, AND it can actually pay off your debts! If you also have a disabled status, your VA Funding Fee will be waived. Typically this VA Funding Fee is over 2% of your loan amount and is financed into your loan. There is no monthly mortgage insurance to pay.
Every year, more individuals become self-employed. The increase in numbers has created a special category of mortgage loans for
self-employed borrowers. Loans for the self-employed have existed for many years, but the recent revision of programs makes the
process easier for the self-employed borrower.
These loans carry a slightly higher interest rate, but allow the borrower to not prove his or her income. The borrower is given a loan without having to worry about their financial records reflecting their business success or ability to repay the loan.
We provide a variety of uniquely designed financing solutions tailored to large and mid-sized corporations, public and private, as well as high-net-worth individuals. Working with Mohsin Mortgage Corporation, you will have access to full-service financing solutions delivered by leading specialists in the field. This includes dedicated aircraft sales professionals, specialized investment underwriters, aircraft documentation experts, experienced aviation attorneys, financial analysts, syndication advisors, aviation insurance specialists, aircraft maintenance consultants and ASA certified senior aircraft appraisers.