Are you looking to take advantage of Today’s Low Interest Rates for the longer term?

Maybe you seek a lower initial home loan payment, after also receiving some cash out from your home equity?

Borrowers today need more loan options. They seek solutions. We understand that.

One Loan concept that Dan Cassel and the Trinity Mortgage Broker team offer is a “RESET REFI” 1st TD Mortgage Product that delivers a 10-year Interest only period Loan at the start of a 40-year term.(!!)  This Home loan for Salaried or Self Employed Borrowers gives amazing payment relief while locking in today’s low rates for the entire 40-year term, eliminating uncertainty when adjusting from an Interest-Only (IO) to P&I Payment!

It’s easier to qualify for than many IO loans, because of its 40-year term and improved Cash Flow. Underwriting decisions are common sense and Loan files are currently moving smoothly. Qualify with Full Documentation or 12- or 24-Months Business or Personal Bank Statements.

Here are a few more of the “Reset Refi” Interest Only Loan Features:

• Owner Occupied, Second Homes and Investment properties OK
• 30 Year Interest Only and 40 Year Interest Only Loan Terms
• Loan amounts up $3.0 Million +
• Currently Unlimited Cash Out
• Borrower can make more than IO payment and loan will recast!
• DTI up to 50%
• Credit scores as low as 640
• SFR, PUD, warrantable Condo – Max 85% CLTV (FNMA Requirements)
• Multiple expense calculation options available
• Non-Occupant Co-Borrowers allowed
• W2 and SE combined income solutions
• Asset Depletion allowed
• Exceptions considered with compensating factors
• Recent FB due to Covid-19 may be eligible with no restrictions-CALL!

• Full Doc, Bank Statement and 1099 Loan Doc Programs
• Up to 90% LTV on Owner Occupied Purchase Loans
• Up to 85% LTV on Owner Occupied Rate and Term Refinances.
• Up to 80% LTV Owner Occupied Cash Out Refinances

• Up to 80% LTV Purchase Rate and Term on Second Homes and Non-Owner occupied
• Up to 75% LTV with Cash Out allowed