Conventional, FHA, VA, Construction, Investor (DSCR)
Purchase
MEET YOUR LOCAL INDEPENDENT MORTGAGE BROKER AND MAKE ROOM FOR A BETTER MORTGAGE EXPERIENCE.
When it’s time for a new mortgage, look no further than your own backyard. Unlike online lenders and big banks, we know your neighborhood extensively and can save you time and money by:
- Shopping multiple loan products
- Offering lower rates and a wider range of terms
- Getting you to the closing table faster
Down Payment Assistance (DPA)..... 0% Down Payment available
Down payment assistance gives eligible home buyers cash grants, low-interest rate mortgage loans, or tax incentives to help purchase a home.
Studies show that when people become homeowners, life outcomes improve and local communities benefit. Civic engagement rises and household wealth grows. Home loan lenders
Refinance
A cash-out refinance is a type of mortgage refinance that takes advantage of the equity you’ve built over time. When you refinance, you can borrow from your equity. You can make repairs on your property, catch up on your student loan payments or cover an unexpected medical or auto repair bill. Cash-out refinances also usually give you access to lower interest rates than credit cards. If you need extra cash to cover expenses, a cash-out refinance could be a great option.
Investment Property 1-4 Units
An investment property is real estate purchased to generate passive income (earn a return on the investment) through rental income or appreciation. Investment properties are typically purchased by a single investor or a group of real estate investors.
We offer investors a variety of loans to meet their needs including DSCR loans.
CONSTRUCTION LOANS
- Davison Mortgage Company (DMC) is arming our partners to help more borrowers and first-time homebuyers make their first home or next home their dream home
- Builders don’t have to pay for the construction upfront, then sell the home to a borrower. They can create the borrower’s dream home and get a loan before construction even begins. Helping save time and money by only having to close once and covering one set of closing costs!
- DMC’s process has a contractor approval component. Meaning we vet the contractor and obtain references to make sure they are credible.
- Other lenders require intense documentation, high interest rates, and large down payments. DMC helps reduce the headaches, keep the project moving, create transparency and peace of mind for all parties involved, and offer the same great service on these loans, as we always do.
- After the first approval the borrower is good to go, no need to reapprove them!