Your new mortgage will play a solid role in your life potentially for several decades. Whether you are eager to apply for a refinance loan or you are in the market for a new home, you need to find great loan terms with an affordable monthly payment. At Mid-Island Mortgage Corp., we are a trusted direct lender that offers a variety of loan programs to meet most needs. With more than 60 years of experience serving the financing needs of our clients in Westbury New York, you can trust us to support you every step of the way.
As a direct lender dedicated to creating a hassle-free, productive experience for each customer, we are ready to learn about your specific needs and guide you through the process. Because we represent many loan programs, we can save our clients time and energy from day one. If you decide to explore your possibilities independently, you could need to complete separate loan applications for each financing company before you can receive their quote. When you choose us as your direct lender in Westbury, on the other hand, only one application is needed. By taking a few minutes today to apply through Mid-Island Mortgage Corp., our experienced financing reps can quickly identify loan programs that are suitable for your goals and qualifications. You can expect us to walk you through all of the remaining loan application steps so that you can enjoy an all-around great experience.
Our Competitive Loan Programs
Each of our clients in Westbury New York has specific goals in mind. They also may have special circumstances that could impact their ability to qualify for a loan. For example, some homebuyers may have a very limited amount of funds available for a down payment. Others may be self-employed and unable to fully document their income for the last two years. As your direct lender in Westbury, we represent a wide range of programs to accommodate our clients’ many needs.
If you are in the market to buy a new home in Westbury New York, you may be interested in a low down payment loan. This program requires only a 3.5% down payment. Active and former military personnel may also qualify for a low down payment loan through the VA.
Whether you are buying a home or refinancing your current mortgage, you may be rate sensitive. After all, a lower rate can produce a more affordable monthly payment. With both conventional fixed-rate and adjustable-rate loans available, you will have access to competitive terms when you choose us as your direct lender. Another way to get a competitive interest rate is by buying down the interest rate, and this is a possibility through our temporary rate buydown loan program. Do you need to apply for a larger loan amount? If you do not qualify for a conventional loan, we can help you explore jumbo loan options that are suitable for your goals.
When you refinance your home mortgage in Westbury New York, you may be able to pull out some of your home equity. This is cash that may be used to start a business, pay for renovation expenses, put the kids through college and more. You may also be able to set up a shorter loan term so that you can pay off your loan sooner. Lowering your mortgage payment may also be possible, and this can yield financial benefits for years to come.
At Mid-Island Mortgage Corp., we are a dedicated direct lender in Westbury committed to meeting our clients’ needs. Because we represent a variety of home loan programs, we have solutions available for self-employed applicants, borrowers with lower credit scores and more. It only takes a few minutes to complete our loan application. By taking this step, one of our associates can give you personalized information about the financing options available to you. To get started, contact our team today.