The advantage of using a full service lender is in the details. Prosperity Mortgage
Company is committed to making your home purchase or refinance as effortless and
affordable as possible. We can customize a solution for you from our extensive selection
of products and programs. But we don't stop there. We have a variety of ways to
help you save time and may save money throughout the home-buying process. We make
the extra effort so you can relax.
Your home search will be faster and easier if you know what you can afford. With
Prosperity Mortgage pre-approval program, we can determine a comfortable price range
before you start your home search. And when you make an offer, the Prosperity Mortgage
pre-approval program gives you the edge by affirming that you mean business.
Quick-Doc™: When you've found your dream house, you don't want to lose time digging
through old records for income and asset documentation. Just a few minutes on the
phone with your Prosperity Mortgage loan consultant may greatly reduce the paperwork
you will need to apply for the loan.
Builder Best®: Prosperity Mortgage offers maximum flexibility in new construction
financing. The Builder Best® program protects you against rising interest rates
and unnecessary paperwork by allowing you to lock in your interest rate and your
credit documentation for up to one year. You can also take advantage of decreasing
interest rates by using a one-time float down option. We offer lock periods up to
180 days (longer lock terms also available) at no additional charge with a float
down option that can be exercised within 60 days of closing.
Low Down Payment Loan Option: The "upfront" costs of home ownership used to be a
significant hurdle for many folks. But today, Prosperity Mortgage offers financing
solutions that provide more home ownership opportunities for individuals with limited
savings. Low down payments - or no downpayment at all - and flexible qualifying
standards make FHA and VA loansvery appealing. FHA loans offer down payments as
low as 2.25% of the salesprice. Eligible veterans may be able to purchase a home
with no down payment. Other 100% and low down payment programs are also available.
Shop, Lock and RollSM: Are interest rates where you want them to be? Then lock in
your rate during the home search process. Did interest rates drop after you found
your home? Then roll down to the lower rate before you close with our Shop, Lock
and RollSM program.
Less Than Perfect Credit Loan Options: We offer loan programs that accommodate less
than perfect credit histories. Free credit counseling is also available to help
you resolve past credit issues, save for a down payment and work toward future mortgage
approval.
Jumbo Loans: Prosperity Mortgage offers traditional jumbo fixed rate mortgages.
Looking for a shorter loan term and greater financial flexibility? Try our Super
Jumbo Interest-Only Mortgage, available in loan amounts up to $3,000,000. It has
low monthly payments and upward adjustment caps to help you maintain maximum cash
flow. At Prosperity Mortgage, those with complex income profiles and intricate investment
portfolios still enjoy enhanced borrowing power and simplified application experiences
through our Expanded Financing Solutions program which offers No-income disclosure/no-ratio
calculation loans, minimum documentation requests for self-employed borrowers and
low down payment loans.
Other Programs Include: FHA, Jumbo, Conv, VHDA, VA, Construction to Perm, interest
only, 2nd mortgages, home equity lines, foreign national, plus many more.