Our programs include: Conventional Jumbo Second Home Co-op Stated Income to 70% LTV No Income Verification to 70% LTV Credit Challenged LOW Money Down Investment Multi-Family We also offer ARMS, FIXED Payments including Interest Only on our fixed rate mortgage products.

As a result of the Fed's plan to buy long-term government bonds and additional mortgage-backed securities guaranteed by Fannie Mae and Freddie Mac, mortgage rates are expected to head lower. That’s more good news for our industry and for homebuyers. Today we see rates at an all time low. This is the rate that has been predicted, so I think we might be at the bottom or at least close. Anyone on the fence about buying or refinancing, now is definately the time to do it. With Choice Mortgage if rates go down during your process, we have a free float down option. Turn times are getting longer and longer, and we'll be looking at close to 45-60 days to process a refinance, so get everything started, lock in to protect yourself. And if they go down, you can always get the lower rate. What will happen within a week, rates will creep up so the lending industry can get a handle on all the volume that will come in.