think smart... think mortgage.

(877) 99 -THINK (84465)
Watermark Capital Inc BBB Business Review

OUR HOME LOAN
EXPERTS ARE READY
TO HELP YOU.

Conventional Loan
  • "Conventional" just means that the loan is not government program, such as FHA, USDA, or VA.
  • There are two main categories of conventional loans
    1. Conforming Loans
    2. Non-Conforming Loans
  • There are three main types of conventional loans:
    1. Conforming (<= $424,100)
    2. Conforming Jumbo ($424,101 - $636,150; county specific)
    3. Jumbo (Non-Conforming)(up to $10,000,000)
  • The majority of loans are conventional. The majority of conventional loans are 30 year fixed mortgages.
  • Conventional loans cost less than FHA loans, but getting qualified can be more difficult.
Fixed Rate Mortgage
  • Interest Rate and Principle & (PI) Interest payments will not change for the life of the loan.
  • Fixed rate periods are 30, 25, 20, 15 and 10 years.
  • Purchase a home with as little as 3.00% down payment.
  • Fixed rate mortgages with Interest Only (IO) payments are available.
Adjustable Rate Mortgage (ARM)
  • Interest Rate and monthly Principal & Interest (PI) payment remain the same for an initial period of 5, 7 or 10 years, then adjusts annually.
  • The interest rate cap limits the maximum amount your rate and monthly P&I payment may increase at each adjustment, and over the life of the loan.
  • Typically ARM’s have a lower initial interest rate than fixed rate mortgages.
  • Provides flexibility if you expect future income growth, or if you plan to move, or refinance, within a few years.
FHA Loan
  • The Federal Housing Administration insures FHA loans.
  • Allow for down payments as low as 3.50%.
  • Allow lower credit scores than most conventional loans.
  • Have a maximum loan amount that varies by county.
  • Mortgage insurance is a requirement for all FHA loans.
  • A co-applicant may help with qualification even if they do not live in the home.
VA Loan
  • The Department of Veterans’ Affairs (VA) guarantees VA loans for eligible veterans, current service members, and surviving spouses.
  • There is no mortgage insurance. The VA guarantee replaces mortgage insurance.
  • Do not require monthly mortgage insurance premiums, but usually require an upfront VA Funding Fee.
  • Veterans with service related disabilities may be eligible for the VA Funding Fee Waiver.
  • The VA IRRRL (Interest Rate Reduction Refinancing Loan) allows for low-cost, streamlined refinance options.
  • VA Jumbo loans up to $1,500,000 are available regardless of county loan limits.
Jumbo (Non-Conforming) Loan
  • Loan amounts are typically greater than $424,100.
  • Typically up to $1-2 million, but can be up to $10 million.
  • Rules vary by investor, but Primary Residence, Second Home, and up to 4 unit Investment Property loan programs are available
  • Fixed rates, ARM’s, 40 year terms and interest only payment options are available.
IT ONLY TAKES 30 SECONDS TO GET A QUOTE

APPLICATION FORM

Duis molestie facilisis convallis. Fusce porta lobortis posuere. Nunc nec sapien ante. Maecenas vestibulum, ante non dignissim tristique, augue mauris iaculis velit, sed convallis urna arcu sit amet risus. Duis fermentum malesuada venenatis.













TESTIMONIALS

Sandra Mason

I went through a divorce after a long abusive relationship. On top of that, my ex maxed out all my credit cards, bought stuff in my name (like a truck) and gave it away, broke pricey items that had to be replaced, damaged the house etc... Slowly trying to recover, replace, rebuild and of course the credit cards are the worst! And of the credit bureaus TransUnion seems to be transitioning into a scam or mob like business. Then a friend recommended a certain 760Plus Credit Score. I reached out to ... Read More »

Patrick Bennett

I shopped around quite a bit for Mortgage Lenders but decided to go with Watermark in the end. Brian was a big part of that as not only did we get a great rate during these particular times, but he was responsive and there to help us along through the process.

Max

Brian made it so easy! He was quick and on top of things! Definitely way smoother then I thought it be, especially as a first time home buyer. He’s a great person to work with and I can’t be any happier! I would definitely recommend going with Brian!

Florida - Worked wit

Purchased a new home in Florida, and these guys know their stuff in all states. Been working with them for over 6 years now, and probably always will :)

James Simms

After using Watermark Home Loans for a previous loan I decided to use them again for a new home purchase. Upon calling in need an offer letter ASAP I had the pleasure to speak with Patrick Ingram. He was able to supply me with the letter in a very timely manner. Once my offer was accepted Patrick made the process seamless. He kept in communication with anything that was needed in order to rush the process along. The loan closed on time within 30 days. Patrick was very professional and effi... Read More »

WHO WE ARE

WE STRIVE TO LEAD THE INDUSTRY THROUGH PROVIDING QUALITY CUSTOMER SERVICE, SETTING THE STANDARD FOR PROFESSIONAL ETHICS, AND DELIVERING THE BEST FINANCIAL OPTIONS TO EACH CLIENT.

Think Mortgage is a nationwide direct lender founded in 2006 by a group of service oriented individuals seeking to improve the home loan process. Think Mortgage not only survived the financial crisis, but thrived, and has since obtained Fannie Mae and Freddie Mac approval as a home loan seller-servicer. Being a Fannie Mae and Freddie Mac partner is relevant to the consumer because it is one of the many advantages allowing Think Mortgage to be a price leader in a very competitive marketplace.

At Think Mortgage, we value competent people. The same executive team, backed by a strong support team, has steered the company through the financial crisis to today. Those people, coupled with our technology based platform, allow us to differentiate ourselves from the competition.

Whether buying a home or refinancing, think smart... Think Mortgage.

CORE VALUES

Transparency
Honesty
Integrity
No Nonsense
Knowledge

WHO WE ARE

WE STRIVE TO LEAD THE INDUSTRY THROUGH PROVIDING QUALITY CUSTOMER SERVICE, SETTING THE STANDARD FOR PROFESSIONAL ETHICS, AND DELIVERING THE BEST FINANCIAL OPTIONS TO EACH CLIENT.

CORE VALUES

Transparency
Honesty
Integrity
No Nonsense
Knowledge

ABOUT US

Think Mortgage is a nationwide direct lender founded in 2006 by a group of service oriented individuals seeking to improve the home loan process. Think Mortgage not only survived the financial crisis, but thrived, and has since obtained Fannie Mae and Freddie Mac approval as a home loan seller-servicer. Being a Fannie Mae and Freddie Mac partner is relevant to the consumer because it is one of the many advantages allowing Think Mortgage to be a price leader in a very competitive marketplace.

At Think Mortgage, we value competent people. The same executive team, backed by a strong support team, has steered the company through the financial crisis to today. Those people, coupled with our technology based platform, allow us to differentiate ourselves from the competition.

Whether buying a home or refinancing, think smart... Think Mortgage.

CONTACT US

CONTACT INFO

100 Spectrum Center Dr #150

Irvine, CA 92618

Phone: (877) 99 -THINK (84465)

info@ThinkMortgage.com

ThinkMortgage.com