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PROGRAMS
Lake Dillon Mortgage Services is pleased to offer many different loan programs
through our network of investors. We will obtain a FREDDIE MAC (FHLMC) or
a Fannie Mae (FNMA) loan approval to insure the most competitive conventional
loan terms available.
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Loan Programs:
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Fixed Rate Mortgages for 10 to 30 years. Adjustable Rate Mortgages fixed for 2, 3, 5, 7 or 10 years and then adjusting.
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Long Term Locks:
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Long term locks are available to help cover interest rate questions and uncertainty.
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Loan Approval:
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A one page "Pre-qualification Form" is used in the initial loan application to keep the
process as simple as possible. A Pre-approval Letter is issued immediately to insure
contract compliance.
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Down Payment Requirements:
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Investment Properties as low as 10% down.
Second Homes as low as 10% down.
Primary Homes as low as 3-5% down.
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Unique Loans:
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- 40-year amortization
- Interest only loans
- Lender paid mortgage insurance
- First position home equity lines of credit
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