Stated Income Commercial Mortgage Northeast Financial offers Stated Income Commercial Mortgage Options throughout the state of Connecticut and most of the US. Our program is ideal for either a commercial property purchase or refinance. Borrowers are not required to have perfect credit with this program. Furthermore, closings can happen in as little as 25 days. …
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Are you a veteran looking for a Connecticut VA Mortgage? My name is Vanessa Brown and I am a part of an amazing team at Northeast Financial in Middletown, CT. We are an award-winning company dedicated to customer service and finding the perfect fit for your mortgage needs. First of all, if you are veteran,…
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Self Employed Mortgages Many years ago, it was very easy for people that were self employed to obtain a mortgage. If the borrower showed a strong annual income and assets then getting a conventional or FHA loan was relatively easy. Self employed mortgages were made readily available with creative financing. This was done by offering “Stated” Residential…
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Hello everyone, I am David Tortora, a loan officer with North-East Financial in Middletown, Connecticut. Are you a resident in the state of Connecticut paying rent every month? Do you feel like you’re paying too much? Today I would like to talk to you about all the programs that benefit the first time home buyer as well…
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Home Mortgage Loan Readiness As you considering buying a house and need a Home Mortgage Loan? If so, the first thing to do is ensure that you are financially ready and in the best position to purchase a home. This means you must determine how much money you will need at closing. There are two…
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Connecticut USDA Mortgage Loans Connecticut USDA loans are a great option for our state. Most noteworthy about the USDA Loan is that it allows for up to 100% financing for those that qualify. Borrowers should also be aware that this type of mortgage loan does not allow for working farms, multi-family properties, or for the…
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ITIN Mortgage Loans What are ITIN Mortgage Loans? ITIN stands for Individual Taxpayer Identification Number. These loans are designed specifically for borrowers who have filed and obtained an ITIN number (which is like a Social Security Number). They are living in the United States, paying their taxes, but are unable to document their legal status.…
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FHA Construction Loan If you’re looking to build a home from the ground up, an FHA Construction Loan might be right for you. The Federal Housing Administration (FHA), a division the US Department of Housing and Urban Development (HUD), created the FHA loan program to make getting a mortgage easier for consumers. Included in…
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Rhode Island Commercial Mortgage Overview Northeast Financial offers Rhode Island Commercial Mortgage Options throughout the state. First of all, we specialize in Stated Income Commercial Mortgages. Our program is ideal for either a commercial property purchase or refinance. Borrowers are not required to have perfect credit with this program. Furthermore, closings can happen in as…
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Jumbo Mortgage Loan Program Home prices have shot up in some areas of Connecticut, particularly Fairfield County, to the point where borrowers need jumbo loans, or high balance loans, to purchase them. In mortgage terms, a jumbo mortgage loan refers to loans that exceed limits set by government sponsored entities like Freddie Mac and Fannie…
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