Finance
Purchasing a new home?
We have the financing options that can help you do that. As a mortgage brokerage we maintain established relationships with multiple lenders, allowing us to do the mortgage shopping for you! Our lender relationships and mortgage products are built to match all borrowers’ unique lifestyles and financial situations.
Dual Capacity
Contrary to popular belief, licensed real estate agents and mortgage brokers can work in a dual-capacity role on purchase transactions. In fact, a dually licensed real estate professional can help create a more seamless experience for the homebuyer. Providing a single point of contact for the prospective buyer creates a confident client. The hybrid real estate agent-mortgage broker has thorough knowledge of the specific property at hand. They know the realistic value and potential points of risk, and they have an unobstructed view of the buyers financial capabilities. Ultimately, this hybrid real estate professional can better advise their clients and make sure they are not overextending themselves.
Conventional Loans
Standard Conventional Loans are great for any borrower. Whether you are a 1st time homebuyer, or an investor looking to finance a 5th property, we offer a variety of Conventional Loan options that fit your needs.
FHA Loans
FHA loans are a great option for borrowers in need of a low down-payment or in need of flexible credit score requirements. FHA loans are generally for those who do not qualify for a Conventional Loan. These loans offer greater flexibility for loan approval, but come with Mortgage Insurance no matter what.
VA Loans for Veterans
Veterans and active duty service members can make home-ownership a breeze through the VA Loan Program. This loan program offers low down-payment options, competitive interest rates, and greater flexibility for loan approval.
Advantages:
- Purchase with as little as 3% down (owner occupied)
- Possibility of not carrying Mortgage Insurance
Advantages:
- Purchase with as little as 3.5% down
- High Balance Loans available in certain counties
Advantages:
- No Down-Payment required
- No Mortgage Insurance
Licensed in WA, TX, FL
FAQs
This is the legal contract a buyer and seller enter into once the buyer’s offer has been accepted by the seller. It outlines the terms and conditions of the sale and is signed by both parties.
This is when a buyer agrees to pay a percentage of the home’s asking price into an escrow account to show the seller they are serious about buying the home. In return, the seller agrees to take the home off the market. When the sale closes this money is used towards the down payment and closing costs.
A home inspection is when a home inspector is hired to examine the home’s health, safety, and major mechanical systems. If any issues arise from an inspection, the buyer may be able to renegotiate their offer.
Escrow is a third-party process in which documents and funds are deposited by buyers, sellers, and lenders to facilitate the closing of a real estate transaction.
Closing costs are processing fees you pay to your lender. Lenders charge these fees in exchange for creating your loan. These fees include but are not limited to; underwriting fee, appraisal fee, credit report fee, title & escrow fee, recording fee, and homeowners insurance and property tax impounds.
IPM, LLC dba
IPM Real Estate
License #: 23008673
IPM Mortgage
NMLS #: 2488721
