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Barr Group Mortgage offers a complete array of loan programs to meet your needs. We work with the leading lenders in the industry to provide you with the best programs, rates and services to fit your personal financial needs. We underwrite most of our loans in-house making some closings possible in just a matter of hours! Loan amounts to $4,000,000!


Conforming Loans - Long term 15 and 30 year loans of $583,700 (with a first and second loan) or less in which the property and borrower meet Freddie Mac and Fannie Mae guidelines.

Second Home (Condo) Conforming Loans - Long terms 30 and 15 year loans of $583,700 (with a first and second loan) in which the borrower meets Fannie Mae and Freddie Mac guidelines and the property does not. 10% down required

95% Second Home (Condo) Loans - Offered at a slightly higher interest rate. 15 and 30 year loans are available for this product.

100% Financing - We have two options for 100% financing: 1) 100% at a higher rate than conventional based on your credit score. 2) 80/20 which is two loans that total 100%.

No Income Verification Loans - Ideal for those who have excellent credit and are putting down a bigger down payment in exchange for no documentation.

VA and FHA Loans - Government insured/guaranteed long - term, fixed rate and adjustable rate homes. FHA requires 3% down payment and it can be gift funds and VA is 100% financing.

A minus - Loans for those that want to put down 5%, they have a little higher debt to income that allowed for conforming and their credit has a few dings.

There are several other programs offered by Barr Group Mortgage, if you have a special need feel free to call our office 800-401-0816 or 251-975-1800

At Barr Group we make the loan process easier on you - We can close loans in 7 days or less!! From the time we receive your information to close!




 



Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $417,000 for the contiguous states, District of Columbia, and Puerto Rico or below $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $333,700 with closing costs of $10,011. Jumbo Loans (whose maximum loan amount exceed $417,000 for the contiguous states, District of Columbia, and Puerto Rico or exceed $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $350,000 with closing costs of $10,500. Your actual APR may be different depending upon these factors.