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United Money Center offers a variety of loan programs to meet your needs. We work with the leading lenders in the industry to provide:

 
Residential Purchase Loan
Residential Refinance Loan
Residential Loan Limit
Reverse Mortgage
Free Credit Report
Commerical Loan
Project Financed Through UMC

Residential Purchase Loan

- 95% for loan amount up to $453,100

- No Point / No Closing Cost

- Fixed / Adjustable

- Interest Only

- Construction / Construction to Permanent Loan


Residential Refinance Loan

- Free Consultation

- No Point / No Closing Cost

- Fixed 30, 20, 15, 10 years option

- Adjustable 1 yr, 3 yr, 5 yr, 7 yr, 10 yr, options

- Interest Only Loan for some terms

- Free Rate Lock / Flow Down Option

 

 


Residential Loan Limit

Conforming (Non-Jumbo) Loan Limits For 2018

 

Property Type

New Limits

Continental U.S.

1 Unit

$453,100

2 Units

$580,150

3 Units

$701,250

4 Units

$871,450



Reverse Mortgage

- All borrowers on title must be at least 62 of age

- Live in property as Owner Occupied

- No income, employment and assets verification

- No repayment as long as you live in your home

- Does not affect Social Security and/or Medicare benefits

- Heirs can keep the property once they paid off the reverse mortgage

- Interest applies to cash advanced only (works like a line of credit)

- You can check out the AARP website http://www.aarp.org/money/revmort/

- Common misconceptions and questions Click Here

- About Reverse Mortgages Q & A Click Here


Free Credit Report

Free Credit Report


Commerical Loan

- Free Consultation

- Purchase / Refinance of Real Estate

- Owner Used / Investment

- 10% Down SBA loan

- Custom Local Commerical Bank Loan

- Best Rate National Conduit Loan

- Operating Line of Credit


Project Financed Through UMC

- Warehouse, Office, Shopping Center, Apartment, Mixed Use, Hotel, Motel, Mobile Home Park, Land, Church, and other Single Purpose Real Estate.




Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $424,100 for the contiguous states, District of Columbia, and Puerto Rico or below $636,150 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $453,100 with closing costs of $4,531. Jumbo Loans (whose maximum loan amount exceed $424,100 for the contiguous states, District of Columbia, and Puerto Rico or exceed $636,150 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $679,650 with closing costs of $6,796. Your actual APR may be different depending upon these factors.