A Quick Message About 2 Unique Financing Options

Expert lender Lauren Williams recently joined me for a discussion about two awesome financing options she offers clients, and I’m going to share our full conversation with you today.

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I recently had the opportunity to sit down with local lender Lauren Williams of LW Home Financing to discuss a few of the new loan products available for those looking to buy or refinance a home in 2019.

 

The first program Lauren shared during our discussion was one designed to help business owners and self-proprietors secure financing for a home purchase. Lauren is always happy to speak with clients about finding financial solutions to their real estate goals.

 

This unique program only requires applicants to submit 12 months’ worth of bank statements—not their tax returns. You also don’t need a high FICO score to qualify. In some cases, you can qualify with a score at (or even slightly below) just 600.

 

 

 

 

But what if you aren’t looking for a new property, at all? What if you’re already living in your dream home, but would like to refinance in order to make a few additions? Well, jumbo loans and high-balance loans currently have much better rates than was true in the past, so it’s a great time to consolidate your expenses.

 

If you were lucky enough to already have locked in a low rate on your first mortgage, however, it’s best to keep this as is and take out a home equity line to fund your upgrades, instead. With these lines of credit, you only pay when you’re using it.

 

We hope this information has been helpful. If it has and you’d like to speak to Lauren to learn more, simply give her a call at (714) 625-0310 or email her at lauren@lwhomefinancing.com. And, as always, if you have any other questions for me, don’t hesitate to reach out. I look forward to hearing from you soon.