Earth Mortgage

Loan Program

Reason to Choose It

Key Feature

Basic 30/25/20/15/10 Year Fixed Rate Loans

You want the stability of a fixed principal/interest payment over the life of the loan.

Down payments as low as 5%.

Reduced Rate Option

You plan to stay in your home for a long time and want a lower rate.

Reduced rate in exchange for limits on refinancing and early principal reduction for the first 5 years.

No Down Payment Loans

For borrowers with limited-to-no down payment who want to purchase a home.

Combines a 1st mortgage and a 2nd mortgage to use as equivalent for 20% down to avoid PMI.

Low Down Payment Programs

You want to put down just 3% or 5%.

No maximum income/earning restrictions and loan amounts up to $417,000.

Low Documentation

You have excellent credit and want to avoid paperwork.

Very little paperwork; as little as a 5% down payment.

One Time Close Loans

You're looking to build a home and do not want the extra cost of two closing (construction and permanent loan).

One application, one closing and one set of closing cost. Interest rate is protected up to 12 months with a built in Roll Down Option.

Loan Program

Reason to Choose It

Key Feature

Basic ARM

You want to start with a low payment or want to buy more home.

As little as 5% down; rate adjustments each 6 months or 1 year.

Basic ARM with Reduced Rate Option

You want to start with an extra low rate.

Reduced rate in exchange for limits on refinancing and early principal reduction for first 5 years.

Fixed Period ARM

You plan to move or refinance in a few years and want the security of a fixed rate for that period of time.

Fixed rate for 3, 5, 7 or 10 years, then adjusts annually based on a financial index.

Fixed Period ARM with Reduced Rate Option

You want to start with an extra low rate, plus have the security of a fixed rate for set number of years.

Reduced rate in exchange for limits on refinancing and early principal reduction for first 5 years.

Interest Only Loans

For borrowers who need maximum cash flow and lower monthly payment in the short term.

Reduces monthly payments, helps maximize monthly cash flow and allows borrowers to qualify for larger loan amounts.

Loan Program

Reason to Choose It

Key Feature

Tax Advantage Mortgage Insurance (TAMI)

You have between 5% to 10% for a down payment and want to avoid paying traditional mortgage insurance.

You offset the cost of traditional mortgage insurance by a higher interest rate which often provides opportunity for a tax deduction.

Home Equity Line of Credit

You have from 5% to 10% for a down payment and want to avoid paying private mortgage insurance.

Combines your down payment, a 1st mortgage and a 2nd mortgage so you can achieve 20% down to avoid PMI (private mortgage insurance).

Loan Program

Reason to Choose It

Key Feature

Non-conforming (Jumbo) Loans

You need to borrow more than $417,000.

Loans up to $5 million. Wide variety of programs options.

Loan Program

Reason to Choose It

Key Feature

FHA Loans
(Loan Limits apply)

You may or may not have 3% for a down payment, lack a traditional credit history or have uncommon sources of income.

Can use cash gifts from family, other sources of income, and alternative payment records like rent and bill payments to establish credit.

VA Loans
(Loan Limits Apply)

You are a qualified Veteran and have little or no money for a down payment.

You can finance 100% of the purchase price with a 1st mortgage and pay no mortgage insurance.

Loan Program

Reason to Choose It

Key Feature

30/15 Year Fixed Rate

For borrowers who want the stability of a fixed principal/interest payment over the life of the loan.

Expanded criteria allows non-traditional lender guidelines for individuals with less than perfect credit.

"Credit Repair" Loan

Helps borrowers stabilize their situation to get "back on track" while enjoying a lower interest rate loan for a fixed period of time.

Fixed rate for 2 or 3 years, then adjusts annually based on a financial index.

Interest Only Loans

For borrowers who need maximum cash flow and lower monthly payment in the short term.

Reduces monthly payments, helps maximize monthly cash flow and allows borrowers to qualify for larger loan amounts.

As Little As No Down Payment Loans

For borrowers with less than perfect credit and limited to no down payment who want to purchase a home.

Combines a 1st mortgage and a 2nd mortgage to use as equivalent for 20% down to avoid mortgage insurance.