What Loan Is Right For You
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.
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.
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.
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.
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
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