MORTGAGE TYPES
WHAT TYPE OF MORTGAGE DO I NEED?
"It is essential to understand the various loan options available to you.
Team Hannigan has an experience of offering a wide range of loan programs designed to meet diverse financial needs and goals. "
CONEVENTIONAL | FANNIE MAE & FREDDIE MAC
- Not insured or guaranteed by the government
- Typically require a 20% down payment
- Lower mortgage insurance premiums
- More flexible terms and interest rates
- Suitable for borrowers with good credit (620+)
GOVERNMENT BACKED | FHA, USDA, VA
- Insured or guaranteed by government agencies (FHA, VA, USDA)
- Lower down payment requirements (3.5% - 0% FHA, 0% VA, 0% USDA)
- More lenient credit score requirements
- Higher mortgage insurance premiums
- Suitable for borrowers with lower credit scores (580-619) or limited funds
ALTERNATIVE LENDERS | NON QUALIFIED MORTGAGES
- Not traditional bank loans
- Offered by online lenders, peer-to-peer platforms, or private companies
- Often have higher interest rates and fees
- More flexible credit score requirements
- Suitable for borrowers with poor credit (500-579) or unique financial situations
GET PREQUALIFIED
SUBMIT COMPLETE LOAN APPLICATION
GET PREQUALIFIED
If customers can’t find it, it doesn’t exist. Clearly list and describe the services you offer. Also, be sure to showcase a premium service.
FIND A HOME
SUBMIT COMPLETE LOAN APPLICATION
GET PREQUALIFIED
Having a big sale, on-site celebrity, or other event? Be sure to announce it so everybody knows and gets excited about it.
SUBMIT COMPLETE LOAN APPLICATION
SUBMIT COMPLETE LOAN APPLICATION
SUBMIT COMPLETE LOAN APPLICATION
Are your customers raving about you on social media? Share their great stories to help turn potential customers into loyal ones.
LOAN PROCESSING
LOAN PROCESSING
SUBMIT COMPLETE LOAN APPLICATION
Running a holiday sale or weekly special? Definitely promote it here to get customers excited about getting a sweet deal.
UNDERWRITNG
LOAN PROCESSING
SETTLEMENT DAY!
Have you opened a new location, redesigned your shop, or added a new product or service? Don't keep it to yourself, let folks know.
SETTLEMENT DAY!
LOAN PROCESSING
SETTLEMENT DAY!
Customers have questions, you have answers. Display the most frequently asked questions, so everybody benefits.