Compare Loans

Conventional Fixed Rate Loans

  • 3% Down Home Ready and Home Possible

  • 5% Down Home Remodel Mortgage

  • Refinance up to 97% of your primary home's value

  • Cash Out up to 80% of your primary home's value

  • 30, 25, 20, 15 and 10-year terms available with fixed rates

Adjustable Rate Loans

  • 3/1, 5/1, and 7/1 ARM's. Monthly payments based on a 30 year repayment schedule.

  • The rate stays fixed for the first 3, 5, or 7 years (depending on chosen term), and then adjusting annually thereafter.

FHA Loans

  • 580+ Score: 3.5% Down

  • No Score?: 3.5% Down

  • Down payment can be a Gift from family

  • Post-bankruptcy qualifying - 2 years after.

  • Post-foreclosure qualifying - 3 years after.

Utah Housing No Down Payment

  • Zero down payment required

  • 100% loan combo 1st and 2nd mortgage

  • 1st mortgage can be a Conventional, FHA or VA loan.

  • 2nd mortgage:
    a. 30-year fixed rate 1% above 1st mortgage rate (8% rate CAP)
    b. Covers your 3.5% down payment
    c. Covers closing costs up to an additional 2.5% of the purchase price

  • Max purchase price varies by county, see chart below.

  • Income varies by county and program, see chart below.

Home One 1st Time Home Buyer

  • 3% Down Payment

  • No income limits

  • Great rates

  • Loans up to $726,200

  • Minimum credit score 620

  • Buy anywhere without location restrictions

  • One borrower must be a first time home buyer

  • No Down Payment is possible with a community 2nd mortgage

  • 1 Unit properties only--Condo, Townhouse or Single Family Homes.

Home Possible/Home Ready

  • 1st Time Homebuyers

  • 3% Minimum Down Payment

  • Conventional mortgage

  • Reduced PMI

  • Lower Rates

  • Income Limits Apply per County

  • Family member can co-sign to help qualify

  • Long term boarder rent can be counted as income to qualify

Good Neighbor Next Door

  • Up to 50% off the Purchase Price

  • Teachers, Police Officers, Fire Fighters, Emergency Medical Technicians (EMTs)

  • $100 minimum down payment

  • Home must be located in special approved revitalization areas

  • Must live in home for 3 years

VA Loans

  • Competitive interest rates that are routinely lower than conventional rates.

  • Sellers can pay up to 6 percent of closing costs and concessions.

  • Higher allowable debt-to-income ratios than for many other loans.

  • Down payment as low as 0%.

2nd Mortgage Fixed Rate

  • Primary Residence

  • Second home

  • Rentals

  • Up to 85% of property value depending on credit score

  • 660 credit score minimum score

  • Get cash for a remodel

  • Consolidate debts

  • $500,000 max loan amount

Home Equity Lines

  • 680 credit score

  • Use it to avoid mortgage insurance

  • Get cash for a remodel

  • Consolidate debts

  • Primary Residence or 2nd Homes

  • Up to 90% of home value for primary residence

  • Up to 85% of home value for 2nd home

  • $3,000,000 max total liens including heloc

Jumbo Loans

  • 5% Down

  • Loan amount must be over $766,550

  • Loans up to $2m

  • No PMI

No Fee Home Mortgage

  • Purchases: Lender can pay for all closing costs

  • Refinances: No fees are added to the loan balance. Your new loan amount will be equal to your current loan balance.

  • Available on primary residence and 2nd home loans

  • Slightly higher rate by .25% to .50% depending on credit score and loan amount

Home Remodel Mortgage

  • Purchase: 5% down of after-remodel home value

  • Refinance: Borrow up to 95% of after-remodel value for improvements

  • Buy a home and remodel it before moving in

  • NO Payments up to 6 months if home not habitable

  • Primary Residence 95%, 2nd Homes 80% and Rental 75% (single family)

Reverse Mortgage

  • 62+ Years of age to be eligible

  • No payments required for the rest of your life

  • Receive monthly $ distribution to help with living expenses

  • Receive a lump sum of cash to use however you want

  • You remain the owner of the home for your whole life

  • You can never be kicked out of your home

  • Heirs keep the equity in the home after you have passed on

  • Heirs do not have to pay the excess loan balance if you owe more than what the home is worth

Construction Loan

  • Purchase the land and build your home all with one loan

  • One closing saves $$ on closing costs

  • Only 5% Down required

  • Sweat equity allowed on loans up to 80% of home value

  • Spec home loans available for experienced builders. Call for more info.

No Income Required Community Mortgage

  • No income required

  • No employment required

  • Primary Residence or 2nd Homes

  • Borrow up to $3 million

  • 20% Down Payment on Purchases

  • Fast Closings

  • Cash out refi up to 75% of home value

Alternative Non-QM Loans

  • No income verification investment property purchase or refinance

  • Foreign National loan

  • Fix and Flip 1 year investment loan

  • Hard Money long term Investment loan

  • H1B Visa buyer loan

  • 1 Day out of Bankruptcy loan

  • Bridge Loans

  • Bank Statement Loans for Self Employed

  • Commercial Residential Investment Property
    - No income or asset verification with 20% Down to $15 million

  • ITIN Loan

Investment Loan - Alternative Low Doc

  • 10% Down

  • Documentation Options:

  • 1 year tax return or

  • 1 year 1099 or

  • Liquid Asset utilization or

  • Debt Service Coverage Ratio DSCR (requires 20% down)

  • States: Colorado, Texas, Wyoming, Montana, Kansas, Nebraska, Iowa, Missouri, Arkansas, Mississippi, Florida, Georgia, Indiana, Ohio, Michigan, West Virginia, Pennsylvania, New Hampshire, Massachusetts, Connecticut, Delaware, Maryland, South Carolina.

Foreign National Loan

  • 25% Down

  • Investment properties only

  • Single Family, Condo, Townhouse or Condotel

  • No US credit history required

  • No income or asset verification

  • Loan amounts up to $2,000,000

Condotel Loans

  • Primary Residence 20% Down

  • 2nd Home 25% Down

  • Rental 30% Down

  • Investment 30% Down: No income and No asset verification required on rentals

  • No income verification required on condotel rental loans

Lot Development Loans

  • Land acquisition and Development of Lots

  • Construction Spec Home Loans

  • 45 Day Funding

  • No minimum or maximum lot sizes

Commercial Loans

  • Residential apartments 5+ units

  • 20% to 30% down required

  • SBA Loans with 10% down

  • Auto shops, Retail strip mall, Churches, Warehouse, Self-storage, Office, Mobile home parks

SBA 7(a) 90% Financing Commercial Business Loan

  • We’ll help you buy it, build it, or expand it !

  • Property Types: Industrial, Manufacturing, Hair/nail salon, Medical/professional, Restaurants, Gas Stations, Convenience Stores, Car Washes, Assisted Living Facilities, Franchise locations, Hotels, Daycare Facilities, Automotive Centers, and Funeral Homes.

  • Business owner for three years- stable to upward cash revenue trends

  • Currently renting and looking to buy a lot - build a building or buy a building to rehab or as - is

  • Business must occupy a 51% footprint of the building being purchased

  • $ 351K to $ 5M Loan amount

Apartments Multi Family 5-24 Units

  • Loan amount $250,000 - $3,000,000

  • 30% Down for Purchase

  • Refinance up to 70% of appraisal value

  • 675 Minimum Credit Score

  • Minimum 1.00 Debt Service Coverage Ratio

  • 30 year fixed Rate or 5 year Interest Only over 25 Year Amortization

  • Must Close in Business Entity Name

It's a great time to purchase your new home. Get the process started by applying with Axent Funding today!