Mortgage Options

Incredible Mortgage Rates Are Here. Get Pre-Approved Today!

Whether you are purchasing a home or trying to lower your monthly payment, consolidate your debt, get cash from your home, or keep your payment from rising, we have what it takes.

At Signature Choice Mortgage, we have the experience and the know-how to get you the best rates. Our team of loan originators understands that purchasing and moving into a new home is a big decision, which can often be very stressful. We are here to ease that process.

From pre-approval to purchase, we will be there every step of the way. We believe in transparency, so you will know exactly what is going on and what to expect. By specializing only in residential loans, we are experts no matter what path you take. Whether you need an FHA or Conventional loan, a fixed- or adjustable-rate, or are purchasing your first or second home, Signature Choice Mortgage offers personalized services just for you.

We understand that every client’s financial background is unique, and we are willing to consider your application even if you had credit challenges in the past such as a foreclosure, a short sale and/or a bankruptcy.

Our team of international Loan Originators speak French, Spanish, Ukrainian, and Russian.

Most Popular Mortgage Loans

FHA Loan

Low down payment of 3.5% on your purchase price and up to 6% of seller paid costs

Can add special loan to finance nonstructural repairs

Mortgage Insurance is requiredv

Insured by the Federal Housing Administration

FHA loans are insured by the federal government. These loans have lower down payment options and more flexible lending requirements, making them popular for those with lower credit scores. Signature Choice Mortgage is an FHA-approved Lender.

Conventional Mortgage Loan

3% down payment with qualifying credit scores on purchases

Can be used on all property and occupancy types: 1-4 family units, attached and detached, as well as condominiums

Conforming loans follow Freddie Mac and Fannie Mae lending guidelines

Conventional loans are an alternative to FHA loans that offer a lot more variety to the borrower. These loans are, however, not guaranteed or insured by the federal government. While not all properties and lenders are approved for FHA loans, almost any property can be financed with a conventional mortgage loan.

VA Mortgage Lending

ZERO down payment purchase program

No monthly mortgage insurance

Credit flexible and great interest rates

VA loan offers low-cost, insured mortgage loans to qualified Veterans. Guaranteed by the U.S. Department of Veterans Affairs, VA loans can be used to finance a primary residence only. Veterans, Active-Duty personnel, Reservists, National Guard members and some surviving spouses are typically eligible for VA loans.

Jumbo Mortgage Loan

Loans greater than $715,000

10% down on purchase

Fixed and Adjustable Rates

Focused on the luxury residence market, jumbo mortgage loans exceed conventional loan limits. Credit and lending requirements are more stringent, but jumbo loans are available for primary, secondary, and investment properties.

Reverse Mortgage Lending

A reverse mortgage is a home loan that lets homeowners that are at least 62 years of age convert their home equity into cash payments. These cash payments can be used for daily living costs, medical expenses, home improvements, education, long-term care, or even to purchase another home.

At Signature Choice Mortgage, our team can help you understand if you qualify for a reverse mortgage:

All borrowers must be 62 years or older (non-borrowing spouses can be any age but it limits the funds since they are based on the younger spouse’s age)

Single family homes, 2-4 family units attached or detached, townhouse and (some) condos are eligible

NO CREDIT and NO INCOME qualifications (Financial Assessment requires sufficient income and the borrower must show a good payment history on RE Taxes, insurance and HOA)