Address: 11 Municipal Dr, Ste 200, Fishers, IN 46038

Loan

Programs

Lorem ipsum dolor sit amet, consectetuer adipiscing elit!

Loan Programs

Tailored Mortgage Solutions for Every Homebuyer and Investor

At She’s My Lender, we offer a diverse range of mortgage products tailored to fit the unique needs of every borrower. Whether you're a first-time homebuyer looking for a low down payment FHA loan, a veteran seeking the benefits of a VA loan, or a high-income earner purchasing a luxury property with a Jumbo loan, we have options for you. Investors can take advantage of DSCR loans to qualify based on rental income, while self-employed borrowers and those with considerable assets can explore flexible financing solutions that rely on bank statements or asset verification. If you're looking to tap into your home’s equity, a HELOC or reverse mortgage may be the right fit. For those with blemished credit histories, we provide loan programs that offer second chances, and ITIN loans help non-citizens achieve homeownership. Homeowners looking to secure a better rate or access cash can benefit from our refinance mortgage loans, while those purchasing in rural areas can take advantage of USDA loans with 100% financing. Whether you're seeking a fixed-rate mortgage for long-term stability or an adjustable-rate mortgage (ARM) for lower initial payments, we are here to guide you to the best loan for your goals. No matter your financial background or homeownership dreams, we have a solution to help you make it happen.

DSCR Loans

DSCR loans are designed for real estate investors looking to qualify for financing based on a property's income rather than their personal income. Instead of requiring traditional income documentation, lenders evaluate whether the rental income from the property can cover the mortgage payment and expenses. This makes DSCR loans an excellent option for investors who may not have W-2 income or prefer to keep their personal finances separate from their investment properties.

Home Equity Loans of Credit (HELOC)

A HELOC allows homeowners to borrow against the equity in their homes, providing a flexible line of credit that can be used for renovations, debt consolidation, or other expenses. Unlike a traditional loan, a HELOC operates like a credit card, where borrowers can draw funds as needed and only pay interest on what they use. This option is ideal for those looking for ongoing access to funds with variable repayment terms.

Conventional Fixed Rate Mortgages (FRM)

A conventional fixed-rate mortgage is one of the most popular loan options for homebuyers who want stability. With a set interest rate that remains the same for the entire term—typically 15, 20, or 30 years—borrowers benefit from consistent monthly payments. This type of loan is best for buyers who plan to stay in their home long-term and prefer predictable mortgage expenses.

Adjustable Rate Mortgages (ARM)

Adjustable-rate mortgages start with a lower, fixed interest rate for an initial period (such as 5, 7, or 10 years) before transitioning to a variable rate that adjusts periodically. ARMs can be advantageous for buyers who plan to sell or refinance before the adjustable period begins, allowing them to take advantage of lower initial payments. However, borrowers should be prepared for potential rate increases after the fixed period ends.

Jumbo Loans

Jumbo loans are designed for buyers purchasing high-value properties that exceed conforming loan limits set by Fannie Mae and Freddie Mac. Because these loans involve larger amounts, they often come with stricter credit requirements, higher down payments, and competitive interest rates. This option is ideal for luxury homebuyers or those purchasing in expensive housing markets.

Refinance Mortgage Loans

Refinance mortgage loans allow homeowners to replace their existing mortgage with a new one, often to secure a lower interest rate, reduce their monthly payment, or tap into home equity. There are different types of refinances, including rate-and-term refinancing and cash-out refinancing, depending on the borrower's goals. Refinancing can be a smart move when market rates drop or when a homeowner’s financial situation improves.

FHA Mortgage Loans

FHA loans are government-backed mortgages designed to help first-time homebuyers and those with lower credit scores qualify for homeownership. With low down payment requirements (as little as 3.5%) and more flexible credit guidelines, FHA loans make home buying accessible to a wider range of borrowers. These loans require mortgage insurance, but they are a great option for those needing extra assistance qualifying for a home.

Reverse Mortgage Loans

A reverse mortgage is a loan available to homeowners aged 62 and older, allowing them to convert home equity into cash without having to sell their home or make monthly mortgage payments. Instead, the loan balance is repaid when the borrower sells the home, moves out, or passes away. This type of loan can be a valuable financial tool for retirees looking to supplement their income, pay for medical expenses, or improve their quality of life.

VA Mortgage Loans

VA loans are mortgage loans backed by the U.S. Department of Veterans Affairs and are exclusively available to eligible military service members, veterans, and their spouses. These loans offer incredible benefits, including no down payment, competitive interest rates, and no private mortgage insurance (PMI). VA loans make homeownership more accessible and affordable for those who have served our country.

Self-Employed Borrowers

Securing a mortgage as a self-employed borrower can be challenging, but specialized loan programs are available to accommodate those with non-traditional income. These loans often use bank statements, profit and loss statements, or other documentation instead of W-2s and tax returns to verify income. Self-employed borrowers can access both conventional and non-QM (non-qualified mortgage) loan options tailored to their unique financial situations.

Borrowers With Considerable Assets

For individuals with substantial assets but limited verifiable income, asset-based mortgage programs provide an alternative qualification method. Instead of relying on traditional income sources, lenders assess the borrower's liquid assets, such as savings, investments, or retirement accounts, to determine their ability to repay the loan. This is a great option for retirees, high-net-worth individuals, and those living off investments.

USDA Loans

USDA loans are government-backed mortgages designed to help low-to-moderate-income buyers purchase homes in eligible rural and suburban areas. These loans offer 100% financing, meaning no down payment is required, along with competitive interest rates and lower mortgage insurance costs. USDA loans make homeownership more attainable for those looking to buy outside major metropolitan areas.

Individual Taxpayer Identification Number (ITIN Loans)

ITIN (Individual Taxpayer Identification Number) loans provide mortgage options for non-U.S. citizens who do not have a Social Security number but have an ITIN. These loans allow undocumented immigrants and other non-citizens to achieve homeownership, with requirements varying by lender. ITIN loans typically require a larger down payment and proof of consistent income but serve as a critical option for borrowers who may not qualify for traditional mortgages.

Buyers With Blemished Credit Histories

For buyers with past credit challenges—such as late payments, collections, bankruptcies, or foreclosures—there are loan programs designed to help them achieve homeownership. FHA loans, subprime mortgages, and non-QM loans offer flexible credit requirements, making it possible for individuals to qualify even with lower credit scores. These programs provide a second chance for borrowers looking to rebuild their financial future through homeownership.

Contact Info

Address: 11 Municipal Dr Ste 200, Fishers,IN 46038

Your journey to homeownership starts now—let’s make it happen together!

© Copyright 2022. Mike's My Lender. All rights reserved.