You Know the Drill
You’ve done it before, let us help you do it again. We’ll guide you through the process and get you into the right loan for your situation. Here are some ways we can help you build your real estate portfolio.
New Primary Home
We can help you develop a strategy for buying a new home and selling or keeping your current home.
Second or Vacation Home
We’ll help figure out your down payment and financing options for a second home in the mountains or wherever your dreams take you.
Investment or Rental Property
We’ll find the right loan options that maximize your cash flow and your equity positions.
Why Choose the Ultimate Lending Team?
If you’re looking to refinance your mortgage, we have the resources, products, and assurances to make it happen. We are a team of open, honest, and empathetic individuals invested in your success.
Exceptional Service
To successfully refinance your home, you need a team you can trust. We are honored to be the trusted lending expert for thousands of our clients.
Competitive Rates
We are constantly finding the lowest rates around and assuring that you can get the best loans. The Ultimate Lending Team is on your side!
Variety of Loan Options
You can get a better interest rate and pay less in interest overall by shortening your mortgage term to a 10, 15, 20, or 25-year fixed.
Client Reviews
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Jim, Amy, and the rest of the Ultimate Lending Team was great about quickly answering all of our questions. Jim talked us through a variety of rate and point options... Read More
Carolyn F6/03/2021Andrew is just the best person to work with! He is creative, friendly and unbelievably prompt! He always has time for our many questions and went above and beyond to... Read More
Oliver G12/01/2021Jim and his team made buying our first home out of state such an easy and memorable experience. Life has been amazing here in Oregon and an adventure we'll always... Read More
Daniel D.2/09/2019 -
Very helpful, informative, and friendly. Great group to work with!
Michael Z.11/08/2019It was a really easy process. Jim, Amy and Lisa were all absolute professionals and it was really pleasant to work with each of them. I felt really supported in... Read More
Rena K11/03/2021Quick communication and availability to advise me on things; Jim gave a great explanation and breakdown of costs initially which was super useful and informative. Also getting everything wrapped up... Read More
Giles E9/28/2021
Home Buyer FAQs
Your first move is to get pre-approved for a loan. After you’ve been pre-approved, you can know more specifically the price of the home that you can afford.
A pre-qualification is an estimate of what you may be able to borrow. This is a fast way to get a look into the price range for your home. Pre-approval means a financial institution has partnered to work with you and has reviewed your finances arming you with more leverage when making an offer.
A pre-approval is the lender’s written commitment to finance your home purchase up to a specific amount. Getting pre-approved is a smart idea for the serious home buyer. Real estate agents and sellers of homes want to make sure you are a bona fide buyer. With a pre-approval letter in hand, they will not have to wonder if they are wasting their time with you. You have the clout of a buyer ready to make a valid offer right now!
The good news is you no longer need 20% for a down payment! There are different loan options, but the average down payment is now 3% to 5%. You also don’t have to put any money down if you, or the property you’re purchasing, qualifies for a VA or USDA loan. Learn more about the different types of loans Ultimate Lending Team offers.
Mortgage insurance compensates a lender for losses in the event of a default on a mortgage loan. In other words, if a borrower falls behind on obligations, mortgage insurance covers the lender. PMI is generally required for mortgage loans for those who cannot generate at least a 20 percent down payment for the conventional loan, however there may be options available to you that we can tell you about!
An escrow is used to fund insurance, property taxes, and homeowner’s association dues. This is managed by a third-party, done through your mortgage payments. It tends to prevent late fees, coverage delays, or liens on your home.
You can always walk away from a deal, but in some cases you might have to give up your earnest money. This normally amounts to about 1%-2% of the price of the house.
The Ultimate Lending Team is built for speed. You can close on your new loan in as soon as 2 weeks.
Loans Offered
Conventional Mortgages
Keep a low rate from the beginning of your mortgage to the very end! We will help you find the lowest rates possible at a term that makes sense for you.
Jumbo Mortgages
Looking to buy high-value or luxury real estate? Our jumbo mortgages have low rates for higher valued homes.
FHA Loans
Down payment got you down? Don’t worry! We provide FHA loans with down payments as low as 3.5%.
VA Loans
We offer $0 down mortgage options available to veterans, service members, and select military spouses.
Investment Properties
We have home loan experts who specialize in investment property mortgages to get you earning a return on the investment ASAP.
Additional Options
We have loans for virtually any situation. Adjustable-rate or interest only mortgages and cash-out refinances. Contact us to see what is best for you!