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What Loan Is Right For You

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FHA

EMB Lenders is an FHA approved lender. FHA is a government agency that was created in 1934 to help facilitate growth in loan opportunities, by allowing an alternative to purchase a home with as little as 3.5% down payment and less than perfect credit.


Highlights

  • As little as 3.5% down payment- funds can be a gift from a family member.
  • Less than perfect credit score.
  • Flexible debt to income ratios.
  • Seller contribution to closing cost is allowed.

 

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Conventional

EMB Lenders is a Fannie Mae Seller/Servicer. We offer a variety of Fannie Mae conforming fixed rate mortgages.


Highlights

  • No upfront mortgage insurance.
  • No mortgage insurance with 20% down payment or Lender can pay for your monthly mortgage insurance.
  • Competitive interest rates.
  • Lower cost.
  • Allows for higher loan amounts.

 

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VA

EMB Lenders is a qualified VA Lender. In 1944 the US government created a military loan guarantee program to help qualified service member’s purchase a home.


Highlights

  • Zero down payment.
  • No Mortgage insurance.
  • Competitive interest rates.
  • Easy qualification criteria.

 

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USDA

EMB Lenders is a USDA guaranteed approved lender. USDA loans provide low to moderate income borrowers affordable housing options, must meet certain eligibility guidelines.


Highlights

  • Zero down payment.
  • No cash reserves.
  • Finance closing cost.

 

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Jumbo

EMB Lenders offers Jumbo loans. Discuss your financing options with one of our Mortgage Professionals.


Highlights

  • Owner Occupied & Second Home
  • Loans from $453,000 up to 3 Millions
  • Fully Amortizing 5/1 – 7/1 – 10/1 Arm
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Reverse

EMB Lenders offers reverse mortgages to those that are 62 or older. HECM works like an annuity and can help you tap into the equity and enjoy a better quality of life through retirement.


Highlights

  • You never have to make mortgage payments
  • Cash Flow
  • Credit Line or Monthly Payments