Mortgage Products

Here at First Security Mortgage Associates, Inc. we have a wide variety of lending options and loan products offering a deal that is custom tailored to suit your individual financial situation.

HERE ARE SOME OF THE DIFFERENT PRODUCTS WE OFFER:

• 20 Year Conforming Conventional Fixed Rate
• 5/1 ARM (options include LIBOR, jumbo, no MI, no doc)
• 6 Month LIBOR ARM
• 2/28 B/C “Credit Repair” loans up to 100% Financing
• FHA 15 and 30 Year Fixed Rate
• FHA 1/1, 3/1 and 5/1 ARM and 203K 1/1 ARM

Traditional Conforming Loan Products:

• 30 Year Conforming Conventional Fixed Rate
• 30 Year Conforming Conventional Fixed Rate No MI
• 30 Year Conforming Conventional Fixed Rate Interest Only
• 15 Year Conforming Conventional Fixed Rate
• 15 Year Conforming Conventional Fixed Rate no MI
• 20 Year Conforming Conventional Fixed Rate
• 10 Year Conforming Conventional Fixed Rate
• Portfolio 1mo, 3mo, 6mo, 1/1, 3/1, 5/1, 7/1, 10/1 Conforming Conventional ARM with Interest Only option

Jumbo Loan Programs:

• 30 Year Jumbo Fixed Rate with Interest Only option
• 15 Year Jumbo Fixed Rate with Interest Only option
• 10 Year Jumbo Fixed Rate with Interest Only option
• 20 Year Jumbo Fixed Rate with Interest Only option
• Portfolio 1mo, 3mo, 6mo, 1/1, 3/1, 5/1, 7/1, 10/1 Jumbo ARMS with Interest Only option

No Money Down or Maximum Financing Programs:

• 30 and 15 Year Fixed Rate 107%
• 30 Year Fixed Rate 100%
• 30 Year Fixed Rate 80/20
• 3/1, 5/1 ARM 103%

Programs with Expanded Guidelines for Credit Problems, Self-Employed Borrowers and other Special Circumstances:

• 30 and 15 Year Fixed Rate A minus credit and Alt-A credit
• 30 and 15 Year Fixed Rate No Doc with as little as 5% down
• 30 and 15 Year Fixed Rate “Credit Repair" loans
• Portfolio 1mo, 3mo, 6mo 1/1, 3/1, 5/1, 7/1 ARM No Doc
• 2/28 Alt-A and B/C “Credit Repair” loans up to 100% Financing
• 3/27 Alt-A and B/C “Credit Repair” loans up to 100% Financing
• 5/25 Alt-A and B/C “Credit Repair” loans up to 100% Financing
• Foreign National mortgage Programs
• Maximum Financing for Investment properties
• Co-ops, Condo-Tels, Cond-ops