FHA loans are a wonderful choice for St. Petersburg, FL home buyers looking for financing on their primary residence. FHA loans include the following benefits:
VA Loans are a great option for Active Duty personnel and US Military Veterans. Members of the National Guard and select Reserve units may also be eligible. The following are some of the benefits:
Conventional loans (non-conforming loans) can be more flexible. This loan may be a great alternative if:
If you live in a qualified rural area and are looking to purchase a home, USDA home loans may provide an excellent alternative. If you qualify, these are just a few advantages that come with obtaining a USDA home loan:
If you're searching for a home loan that exceeds the FHA and Conventional Loan limits, then you might be interested in considering a jumbo loan. Jumbo loans are for:
People who are over the age of 62 and have sufficient equity in their homes may consider taking out a Reverse Mortgage. A Reverse Mortgage could be a suitable alternative for people who:
A mortgage refinance can help lower your monthly mortgage payment or cash out with your existing equity. We can assist with various refinance options, including but not limited to:
Have you heard of the FHA 203K loan?
The FHA 203K loan has been around since the 1970s. This type of mortgage is rarely done and many people are never informed of this loan.
These loans are rarely heard about because most borrowers are aligned with an inexperienced loan officer who does not want to take on the responsibility of additional work and time to close. Beacon Lending will gladly assist those who qualify.
These loans are available when you purchase or refinance a home.
Our office is located in the northwest area of downtown Denver just 1 block North East of Coors Field on Blake Street. Our building sits on the Northwest Corner of Blake Street and Park Avenue West.