Types Of Mortgages

Get quick refinancing. No appraisal needed. 

Our FHA experts can help get your FHA loan funded in no time.

More flexible with most FICO scores.

Your family or friends can help you fund your dream home.

Pool your mortgage and renovation loan into one, which lowers your loan closing costs.

The 203k loan is a combined traditional “home improvement” loan and a standard FHA mortgage. The sum of loan amounts is up to $625,500.

Both homebuyers or those refinancing their home can avail of the 203k loan.

When you have less extensive home renovation projects that cost up to $35,000, the Streamlined 203k loan is for you. In comparison, the traditional 203k loan does not have a size limit on the construction loan amount.

You’ve earned the privilege of having access to the best mortgage product.

Buy or refinance at 100% of your desired home’s value.

Our VA team will guide you through a seamless and fast loan transaction.

Quickly receive your VA loan today.

Our highly trained ZPM staff knows the complexities of having multi-streams of income and uses your financial situation to your advantage. 

Purchasing a High-end Home. ZPM’s jumbo mortgages start at $417,000 and go up to $2 million.

Have the convenience of paying only one loan that has a lot of options.

The rates on jumbo mortgages have reached historic lows, and the interest on loans of up to $1 million is tax-deductible. 

Yes! We offer this 100% financing option to qualified homebuyers.

This USDA program doesn’t require a homeowner counseling course for you to qualify.

Whether you’re a first-time or repeat homebuyer, you can avail yourself of this mortgage program. 

You may finance 100 percent of a home's purchase price through the USDA while receiving lower-than-average mortgage rates. 

Over 2.5 million have qualified for this program.

Even if you have a mortgage that is underwater.

Today, it’s easier to qualify for this loan program.

ZPM has in-house experts to help you qualify quickly.

When compared to other traditional mortgage programs, these programs allow qualifying homeowners to put down less money.

Moving may be a costly venture. With a lower down payment, you could spend more of your cash on things you need for your new home.

Because homebuyers may put less down on a home, they may already qualify to purchase a larger property.

One of the homebuyers must take a course on home-buyer education. 

Most borrowers have utilized this mortgage program.

The available mortgages are 30, 20, 15, and 10 years.

A conventional loan offers you low mortgage rates so you can save money. 

Borrowers can choose between having a fixed or adjustable rate.

For a certain period of time, you can save on interest rates while more payment is applied to your principal.

After your initial rate period expires, your new interest rate will be changed depending on what mortgage program you’d select.

Lenders offer borrowers a low interest rate upfront because they know the rates will fluctuate later on.

If you’re expecting mortgage rates to lower, ARMs might work in your favor.

With fixed-rate mortgages, you don’t have to worry about the interest rates going up.

Since the rates for fixed-rate mortgages have lowered in recent years, the relative value of an ARM’s low initial mortgage rate has decreased.

Your monthly amortization is set since day 1 of your mortgage, and it does not change until you pay for your loan in full. Some homebuyers prefer this certainty.

Check and compare today’s rates against your loan pricing. Rates can be viewed online—no cost, no obligation, and no social security number required for you to get started.

 In this type of loan, no payment is required. 

No income or credit score requirements

The mortgage is regulated and insured by FHA.

Get extra cash with this type of loan that’s government-insured.

This mortgage program waives the FHA’s 3-year waiting period for you to buy a home if you have experienced a deed-in-lieu, foreclosure, or short sale. 

You can combine the Back To Work program with the New Construction program or the FHA 203k Home Renovation program. Also, you can be a first-time or repeat home buyer.

If you experience either a Chapter 7 or Chapter 13 bankruptcy, this loan program waives the FHA's 2-year waiting time for you to purchase a home. 

Anyone who has gone through a deed-in-lieu, foreclosure, pre-foreclosure sale, short sale, Chapter 7 or Chapter 13 ba

A conventional mortgage usually requires a 620 credit score.

To qualify for this program, the lender must have at least 6 months of mortgage payments as assets. 

The borrower cannot use gift funds to meet the reserve requirements to qualify. The borrower must cover the funds for downpayment and closing costs.

Borrowers need to have reserve cash as well as closing costs kept in their accounts for 6 months. 

Build the groundwork for good credit by making on-time payments. 

Having a track record of making on-time payments strengthens your case for mortgage approval. 

Counseling by non-profit agencies and online courses are available to ensure that first-time homeowners are prepared for their first significant investment. 

To qualify for this program, you must have at least two months' assets in the form of mortgage payments. Gift money is not acceptable for reserve needs.

Even if you have less than perfect credit scores, less than 660, you can still qualify for this program.

This type of loan does not require private mortgage insurance. 

Down payments for this mortgage can be given as a gift from a family member. Also, they can be made through a grant or loan coming from either a non-profit organization, your company, state, or local government. 

You save money and time since an appraisal is no longer required. 

If you obtained a standard construction loan, you’d have to go through two distinct closings—yet this application offers a one-time closure. 

You will be fully informed about the financing before you begin construction.

Closing fees between $3,000 and $6,000 can quickly mount up. This program lets you save money since only one closing cost payment is required. 

Sometimes, borrowers get a new construction loan that they don’t like, only to find another mortgage to settle the existing construction loan. The One-Time Work Loan lets you be fully aware of what you're getting before your new construction begins.