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 a non-conforming loan program, Mortgage Solutions Financial can help you buy and refinance condos, modular homes, multi-family homes, and single-family homes.
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Why choose Mortgage Solutions Financial?
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. Many companies that advertise non-conforming loans are actually brokers who then refer these loan requests to lenders. Mortgage Solutions Financial is a direct lender. We fund these loans in house. Because we underwrite and process the loans, we are able to reduce our costs and streamline the loan process. That saves you time and money.
today and speak with a mortgage specialist to determine whether a non-conforming loan is the right choice for you or request a free loan evaluation today. There are many types of loans available today to assist buyers with or . Our knowledgeable loan specialists will answer your questions and guide you through every step of the loan process.