Outlook Finance Loan Programs: Smart Options
Refinancing offers you a chance to tilt your finances in your
favor, whether you've owned your home for decades or just a few
years, no matter how much your purchase price was or how much
equity you have. Historically low interest rates and new "hot
option" loans provide even better flexibility than ever before.
Here's a quick look at our most popular options:
The "80/20 Loan" with
no PMI…Our most popular zero down loan, the
"80/20" offers low payments, great rates and no private mortgage
insurance (PMI) required, thanks to an 80% first mortgage plus a
20% second mortgage.
Zero down for
"bruised credit"…Even a credit score in the high
500s still qualifies you for no-money-down financing.
Refinancing in 2 years, once your credit score has improved, can
lower the interest rate and reduce your payments.
The "103% Loan"…By
covering some or all of your closing costs, this program
requires the least amount of cash to purchase a home. Includes
fixed or variable rate and no prepayment penalty if you have
100% or 107% Loan to
Value (LTV)…No PMI. Available on 30- and 15-year
Fixed Period ARMs…
Low-interest, adjustable-rate mortgages (ARMs) offer fixed
payments (even interest-only) for the first 3, 5, 7, or 10
years--appropriate for the length of time you plan to be in your
Option Pay ARMs…Gives
you more power and flexibility over your monthly finances. Low
monthly payments with up to 4 different payment options each
Hard to Prove Income,
Stated/Low Doc/No Doc…The perfect solution for
the self-employed, business owners, commissioned salesperson,
tip earnings, fixed income and more.
Which loan is most appropriate for you?
Complete our Quick App
or call one of our loan analysts at 866-866-0242 today.