PRODUCTS & SERVICES

Whether you are looking to refinance or purchase a new home, Direct Loan Funding offers options specializing in today’s home loans: Fixed, ARM, Jumbo, VA, FHA, Reverse and HARP. Let us help you find the right product for your specific needs and situation. We provide specialized attention to every client, so that we secure the best loan possible for their situation, no matter how complex. We are your friends in financing!

Fixed Rate Loans

(30-year 20-year 15-year 10-year Loan Fixed Options)

Fixed rate mortgages provide security with their consistent monthly payment requirements for the life of the loan. This is the most popular option for those looking to purchase or refinance a home.

Adjustable Rate Mortgage Loan (ARM)

(5, 7, 10 Year Options)

People choose an ARM loan to take advantage of lower payments, when they aren’t sure how long they will stay in their home, and when they expect a significant increase in property value.

Conventional Loans

A conventional loan meets certain guidelines as set forth by Fannie Mae and Freddie Mac. The best-known of these guidelines is the size of the loan; in most counties in the United States, the current maximum size of a conventional loan is $417,000, though super-conforming loans with higher price limits are available in more expensive counties. W2 no tax returns purchase, rate and term, cash out loans available.

FHA Loans

Government-assisted alternatives to traditional loan financing. They are insured by the Federal House Administration and help first-time homebuyers and/or those with imperfect credit, achieve their dream of home ownership. FHA refinance loans: FHA Streamline and FHA Cash Out Refinance. If you own a home and you are looking for a refinance mortgage, an FHA loan refinance may be right for you if you are looking for lower closing costs and/or easier credit qualifying. A FHA Cash Out refinance allows homeowners to refinance their existing mortgage by taking out another mortgage for more than they currently owe. A FHA streamline allows you to reduce the interest rate on your current home loan quickly and oftentimes without an appraisal.

VA Loans

The U.S. Department of Veterans Affairs (VA) guarantees long-term financing for eligible active military and veterans, up to $417,000. They offer competitive interest rates, flexible financing, and more. Standard rate/ term and cash out. VA’s Cash-Out Refinance Loan is for homeowners who want to take cash out of your home equity to take care of concerns like paying off debt, funding school, or making home improvements. The Cash-Out Refinance Loan can also be used to refinance a non-VA loan into a VA loan. VA will guaranty loans up to 100% of the value of your home.

HARP Loans

Is your house underwater? The U.S. government Home Affordability Refinance Program (HARP) is available so that homeowners can qualify for assistance and refinance their homes.

Jumbo Loans

Need a loan larger than $417,000? We can offer you competitive rates and up to $10,000,000, to help you buy your new home or refinance. Your choice of a Fixed or Adjustable Rate Jumbo Loan.

Reverse Mortgage

Designed for homeowners age 62 and older, a reverse mortgage can help you unlock the equity in your home or finance a new home purchase. Direct loan funding makes this piece of longevity-planning puzzle seamless and simple. We’re specialists in reverse mortgage financing and are dedicated to helping people learn more about this versatile financial instrument.

Bank Statement Loan (Purchase/Refinance)

(12 & 24 Month Bank Statements)

Our bank statement loan product with NO Tax Returns is great for self-employed business owners. Bank statement loans are considered and referred to as EZ doc, low doc, stated or alternative doc income loans. Borrowers only need 12 or 24 months bank statements. Simple. Instead of requiring years of tax documents, W-2s, or proof of regular payroll checks, we base our lending decision on a combination of your bank statements and a Profit & Loss statement for your business, as long as you maintain bank accounts documenting your income stream we can help!

Private Money Loan Program

(Stated Income/Stated Assests)

Private money Equity-based loans are available to borrowers who can’t qualify for a traditional bank loan or who simply need capital quickly. No Fico/ No Assets, very competitive rate & terms. We provide direct equity-based funding for residential and multi-family borrowers throughout California.