101 Best Lenders

In the past every home owner had the same loan: a 30 or 15 year fixed mortgage. Today there are many different loan programs and choosing the right one could save you hundreds of dollars on your monthly payments.

How Long Do You Plan On Living In The House?	We Recommend
Not Very Long (1-3 Years)	3/1 ARM, 1 year ARM or 6 month ARM
A few years (3-5 Years)	5/1 ARM
At least 5 years (5-7 years)	7/1 ARM
Around 10 years ( 7-10 years)	10/1 ARM, 30 yr fixed or 15 yr fixed
A long time (10 plus years)	30 year fixed or 15 year fixed

Loan Programs	Advantages	Disadvantages
30 year Fixed 15 year Fixed	Monthly payments won't change Interest rate Fixed Protected if rates go up Can refinance if rates go down	Higher interest rate Higher mortgage payments Rate does not drop if interest rates improve
		Apply now!
Adjustable Rate Mortgages (ARMS)	Lower initial monthly payment Lower payment over a shorter period of time Rates and payments may go down if rates improve May qualify for higher loan amounts	More risk Payments may change over time Potential for high payments if rates go up
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Balloon Mortgages	Lower initial monthly payment Lower payment over a shorter period of time Many balloon mortgages offer the option to convert to a new loan after the initial term.	Risk of rates being higher at the end of the initial fixed period Risk of foreclosure if you cannot make balloon payment or if you cannot refinance or if you cannot exercise the conversion option
		Apply now!
First Time Buyer Programs	Lower down payment Easier to qualify Sometimes you may get lower rate	May be subject to income and property value limitations Some programs which have government subsidies may have a recapture tax if you sell the house too early.
		Apply now!
Stated Income Programs	Don't need to verify income Faster approval	Higher rates Higher down payment
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No point, No fee Programs	No closing costs Less money required to close	Higher rates Higher payments
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Imperfect Credit Programs	Potential for reestablishing credit if you pay your mortgage on time. When used for debt consolidation, you may be able to reduce your monthly debt payment	Higher rates Terms may not be as favorable Harder to get long term fixed loans Loans may have prepayment penalties
		Apply now!
Home Equity Line of Credit	You only borrow what you need Pay interest only on what you borrow Flexible access to funds Interest may be tax deductible	Rates can change. The maximum interest rate is normally high. Payments can change Harder to refinance your first mortgage
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Home Equity Fixed Loan	Fixed payments Interest may be tax deductible	Higher interest rates than on 1st mortgages Harder to refinance your first mortgage
		Apply now!
In Addition to these standard loan programs we offer a large number of specialized loans to fit your needs:
· Purchase a home with Zero Money Down · Piggyback loans 80-10-10 or 80-15-5. No PMI payments even with 5% or 10% down. · Debt consolidation programs · Home Improvement loans · Qualify with low fico score or even if you've been turned down before!

- Contact Information -

First Name *		Last Name *
Address		City
State		Zip
Home Phone	- -	Work or Cell Phone	- -
Best Time to call		Email

- Loan Information -

Loan Purpose		Credit Rating
Loan Amount		Estimated Value
Additional Comments:

101 Best Lenders

    "I saved over $900 per month on my mortgage when I refinanced with 101BestLenders.com."
Thank You,  Luis B. Phoenix, AZ"

    "I went to my local bank and they said I couldn't qualify for my dream home, after I declared bankruptcy due to medical problems. I was going to give up on owning a home. Then I applied at 101BestLenders.com and one of your loan specialists called me and told me they knew how to get my loan financed. Not only did they get my loan financed - I got a great rate! Thank you so much!  Kelly T. Scottsdale. AZ"

"101BestLenders.com really knew how to make refinancing my home a pleasant experience. It was a pleasure doing business with you! You refinance my home in less then 21 days. Thank you! Dr. B. - Paradise Valley, AZ Resident."

"Your loan specialists delivered the rate you quoted me upon our initial application and the Fees were exacty the same when I went to close the loan. I will refer you to all my associates. Thank You! Tom T. Scottsdale."

"I was referred to 101BestLenders.com from my Real Estate Agent. We had some credit issues you had to deal with, to make my loan work. We sincerely appreciate the work you did to make our dream come true. Lisa. P. Chandler."