Elite Lending Services is here to guide you every step of the way.
Whether you are buying your first home, building your dream home, investing in real estate, or refinancing for a better future, Elite Lending Services is here to guide you every step of the way. We specialize in a wide range of mortgage solutions, including FHA, VA, USDA, Conventional, Jumbo, Construction, Investor Cash Flow, and Non-QM loans that are designed to fit your unique financial goals.
Our streamlined lending process allows us to close loans faster, with less hassle and personalized service that large banks simply can’t match. We take the time to understand your needs, explore every available option, and help you secure the right loan program at a competitive rate.
At Elite Lending Services, you’re more than a loan application, you’re a valued client. With expert guidance, responsive communication, and a commitment to putting your best interest first, we make financing simple, transparent, and stress-free.
Types of Loans
An FHA insured loan is a US Federal Housing Administration mortgage insurance backed mortgage loan that is provided by an FHA-approved lender.
A VA loan is a mortgage loan in the United States guaranteed by the United States Department of Veterans Affairs (VA). The program is for American veterans, military members currently serving in the U.S. military, reservists and select surviving spouses (provided they do not remarry) and can be used to purchase single-family homes, condominiums, multi-unit properties, manufactured homes and new construction.
A USDA Home Loan from the USDA loan program, also known as the USDA Rural Development Guaranteed Housing Loan Program,[1] is a mortgage loan offered to rural property owners by the United States Department of Agriculture.
A conventional mortgage is any type of home buyer’s loan not offered or secured by a government entity but instead is available through a private lender.
A non-qualified mortgage — or non-QM — is a home loan that is not required to meet agency-standard documentation requirements as outlined by the Consumer Financial Protection Bureau (CFPB). Non-QM loans may encapsulate a wide variety of mortgages, including: home loans exceeding 30-year terms, home loans with negative amortization, and home loans with interest-only payments.
A type of unsecured borrowing that is used for day-to-day operations of a small business.
A home loan that can be used by borrowers who qualify to close both the construction loan and permanent financing of their new home at the same time.
A Jumbo mortgage is classified in the United States as a residential mortgage or other home-equity secured loan in an amount greater than $650,000, although lenders differ on just what constitutes a super jumbo mortgage subject to their own internal investment criteria. Super Jumbo mortgages are made available to borrowers whose loan requirements exceed the guidelines commonly referred to as Jumbo loan limits.