Prospect Mortgage
As a major mortgage lender, Prospect Mortgage offers a full line of options for our clients in the residential real estate marketplace. Our customers vary widely in their goals and their financial situations:
• We work with real estate investors who purchase homes for rehabilitation and resell these investment properties after the renovations have been accomplished. Prospect Mortgage also offers a number of programs to serve first-time and returning home buyers. FHA and VA loans are among the most common versions of these traditional home mortgages and may require smaller down payments than conventional mortgage options.
• Refinance loans are available in a variety of configurations that may allow homeowners to draw cash from their equity, reduce their interest rates and mortgage payments* or move to a fixed-rate loan agreement.
These mortgage loans can provide added options for prospective homebuyers in the current real estate market. Prospect Mortgage can even prequalify buyers for a specific loan amount to ensure that their house hunting efforts are expended most effectively. By working with us throughout the home buying process, our clients can enjoy the greatest degree of support and guidance in obtaining the right financing for their new home or investment property.
*By refinancing your existing loan, your total finance charges may be higher over the life of the loan.
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