Moore Mortgage Conventional Loans

Conforming Loan Limits:
Single Family	$417,000
Duplex	$533,850
Triplex	$645,300
Four plex	$801,950

80/20

Avoid private mortgage insurance by applying for a 80% first mortgage and a 20% second mortgage with 30 year term. No down payment required; no prepayment penalty. Purchase transactions only; non-owner occupied also available.

Flex 100

Borrowers are only required to invest $500 which can be applied to closing costs. Other costs for closing may come from loans/gifts from relatives or employers. Sellers may contribute up to 3% of the sales price towards closing costs and or prepaid items.

Interest Only

Loans are amortized for 30 years and have a interest only feature for either 5, 7 or 10 year term. The 5 and 7 year options convert to one year adjustable mortgage at the end of the interest only option with 2% annual cap and 5% life time cap. The 10 year option converts to a 20 year amortization at same rate

No Income No Asset

Loan requires no employment or asset verification; 95% financing available for purchase; 90% for refinancing

Special Situation Loans

Don't be discouraged by past credit problems; Many programs available with scores @ 580 and debt to income to 50% ratio.

Jumbo loans are available up to $2,000,000.