NON-CONVENTIONAL LOANS



Purchase and Refinance Loans

Compare our rates to any other lender! Call for a free rate quote.

Non-Conventional Loans


Non-Convential loans, also know as Non-Comforming, are loans which do not use use conventional loan guidelines based upon a variety of variations.


Jumbo Loans
 
Jumbo mortgages exceed the loan amount limits (often $417,000 and up) of Fannie Mae and Freddie Mac conforming mortgages. These larger loans knows known as Jumbo mortgages do not have the implied government backing of conforming loans. Home buyers who need a jumbo loan will pay a higher interest rate, may need to put up a larger down payment, and credit qualification can be tougher.


Adjustable Verses Fixed-Rate Mortgages

Mortgage  loans can be either fixed rate or adjustable rate. A fixed-rate loan has has the same interest rate and monthly payment for the entire  term of the loan. Adjustable-rate mortgages reset the rate based on an index, usually once a year.

Adjustable mortgage rates are tied to short-term market interest rates and usually offer an initial payment that is lower than with a fixed-rate  mortgage. Homeowners with adjustable-rate mortgages will see their payments go up or down in future years based on the changes in the rates.

 Mark Chase
Senior Loan Officer
  
Call Me Direct
  303-918-2201

Sigma Mortgage    
9000 East Nichols Ave.
Suite 225
Centennial, CO 80112

  Phone 303-799-4184
  Fax      303-484-5615

Call me to discuss rates, pre-approval or any questions you may have.

Mark Chase
Senior Loan Officer

303-918-2201