Services

Refinancing
Purchasing
Commercial Loans
VA Loans
FHA Loans
USDA Loans
Credit Help
Investment Properties

Purchasing

Snare & Associates Mortgage Services, LLC are specialists in the home loan purchasing process. We offer one-on-one step by step assistance throughout the whole process. Snare & Associates offers great rate options for clients in all of our purchasing products.

Contact us today for more information on these purchasing topics:

• First-time home buyer products
• Little to NO-Money down options
• Self-Employed borrowers purchase programs
• Low-Doc loan purchase
• Article of Agreement conversion
• Investment property purchase products
• FHA & VA purchase products

Commercial Loans

Snare & Associates Mortgage Services, LLC offers a wide variety of Commercial Loan Products. We take pride in customizing the loan that best fit your commercial needs.

Contact us today for more information on these great products:

• 5 unit and up Apartment Buildings
• Mixed-use properties
• Shopping Centers
• Auto Garages
• Hotels/Motels
• Warehouse & Light Industrial
• Gas Stations
• Marinas
• Office Buildings
• Bed & Breakfast

WE HAVE LENDERS THAT MAKE THEIR OWN RULES TO FIT YOUR NEEDS

VA Loans

Department of Veterans Affairs home loans – VA Loans for short – are a popular option and benefit to the men and women who have served our great nation. VA loans can help you purchase a more expensive house, save money, or obtain a lower interest rate. Snare & Associates can help you complete the process and maximize your benefits through obtaining a VA Loan.

Benefits for VA Loans:

• No down payment
• Lower interest rates
• No mortgage insurance
• NO prepayment penalty
• VA assistance is available if temporary financial difficulty occurs

FHA Loans

The Federal Housing Administration (FHA) has been helping people become homeowners since 1934. The Federal Housing Administration is part of the U.S. Department of Housing and Urban Development and insures the loan so lenders can offer you a better deal. Snare & Associates has qualified associates to walk you through the process of obtaining a FHA approval.

• The borrower’s out of pocket investment can be as little as 3.5% and can be gifted from a family member, employer, charitable or local government entity.
• The seller can contribute up to six percent (6%) of the home’s purchase price toward closing costs through a seller’s concession
• FHA Streamline refinance loans offer an easy, non-credit qualifying way for borrowers with FHA-insured loans to take advantage of lower interest rates.
• US citizenship is not required but, for those who are not citizens, they must be a lawful permanent or non-permanent resident aliens with a valid Social Security Number (SSN)
• FHA adopted the industry appraisal standards permitting the use of the Fannie Mae appraisal forms with no additional documentation – no valuation conditions form or homebuyer summary.
• FHA has eliminated unnecessary requirements to make minor repairs.
• The homebuyer and seller, individually or jointly, can pay closing costs as agreed to in the sales contract. FHA no longer limits what closing costs the homebuyer is permitted to pay.
• To provide expanded alternative to homeowners wishing to refinance, FHA will insure a cash-out refinance up to *95% of the appraiser’s estimate of value.

USDA Loans

Sometimes good credit and a steady income are not enough to qualify for a home loan. More individuals and families may be eligible to become homeowners with the help of a USDA guaranteed home loan. Snare & Associates has qualified associates to work with you to become USDA approved.

Benefits of Guaranteed Financing:

• 100% loan: no down payment for existing homes or new construction located in an eligible rural area.
• Closing costs, guarantee fee, pre-paid items, legal/service fees, and repairs may be included subject to appraised value.
• 30yr. fixed rates apply.
• No PMI: assists you in qualifying for a larger/newer home.
• No minimum credit score: must show ability and willingness to repay debts – ideal for applicants that do not have traditional credit.

Credit Help

Snare & Associates understands that good people can end up with less than perfect credit for many uncontrollable reasons. We have qualified professionals to help counsel, repair and improve your credit.

We have the ability to dispute and negotiate:

• Charge off accounts
• Late payments
• Inquiries
• Collections
• Judgments
• Tax lien’s
• Bankruptcies

Investment Properties

Snare & Associates Mortgage Services, LLC offers creative and a wide variety of products for investment properties. We offer competitive rate options and high loan to values.

• Products for any type of Investment Property on the market
• Cash-out
• Purchase
• Renovation
• Ask about our Custom Loan Products