Faith Mortgage 186 Main St., Trussville, Al 35173
 "Faithfully Financing Dreams"

NMLS #189393

Please contact us:

(800)476-7250 or

(205)655-7250

Our Loan Specialists are waiting to help you!

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Faith Mortgage LLC offers a variety of loan programs to meet your needs. We work with the leading investors in the industry to provide all the available options for your mortgage financing.  Available to you are FHA, VA, Conventional and USDA loan types.
 
Debt Consolidation/Cash Out
Investment/Second or Vacation Home
No Money Down
Purchase
Refinance

Debt Consolidation/Cash Out

The replacement of multiple loans with a single loan, often with a lower monthly payment and a longer repayment period.  Or by drawing equity out of the property in order to receive cash out of the transaction

Term: 30 years   Maximum Amount: $6,000,000

Investment/Second or Vacation Home

A property which is used for rental purposes or bought to renovate and re-sale to gain a profit is considered investment property.  Second or Vacation Home is used for personal use only and not as rental property.

Term: 30 years   Maximum Amount: $6,000,000

No Money Down

The purchase of home when you finance the entire amount of the purchase and are not required to put any money down.  (Some closing cost may apply)

Term: 30 years   Maximum Amount: $6,000,000
 

The only products available at this time for the purchase of a new home with 100% financing is USDA loans which the property must qualify for and VA loans which the borrower would have to be eligible for this type of financing 


Purchase

The process of acquiring a home.

Term: 30 years   Maximum Amount: $6,000,000

Refinance

The repayment of a mortgage with another mortgage.  Homeowners typically refinance to take advantage of lower interest rates or to transform equity into cash.

Term: 30 years   Maximum Amount: $6,000,000


Our programs are designed to serve these income types:

W-2'd

Self-employed

Retired

Disabiled

 

 

 


Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $424,100 for the contiguous states, District of Columbia, and Puerto Rico or below $636,150 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $417,000 with closing costs of $8,340. Jumbo Loans (whose maximum loan amount exceed $424,100 for the contiguous states, District of Columbia, and Puerto Rico or exceed $636,150 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $6,000,000 with closing costs of $120,000. Your actual APR may be different depending upon these factors.