Force Mortgage

read moreWe are a mortgage company that personally guides clients through their loan options, finding the most suitable program for them. For those that are not sure if they are financially ready or that may have credit issues, we provide consultation backed by 35 years of experience to help prepare you for a mortgage loan.

read moreYou must be at least 62 years old and own a home. You ALWAYS retain title (ownership) to the home. The lender never, at any point, owns the home, even after you (or last surviving spouse) permanently vacate the property. You must still pay property taxes and insurance, and keep the home well maintained. If you are unable to pay your property taxes and insurance, then a special set-aside from your reverse mortgage can be created. Repayment of the loan occurs when you (or last surviving spouse) permanently vacate the home.

read moreMany homeowners have found that a reverse mortgage is a great way for them to take advantage of the equity they have built up in their homes. A reverse mortgage is different than a traditional mortgage. With a traditional mortgage you make monthly mortgage payments, but with a reverse mortgage the lenders pays you money through monthly installments or a one-time lump sum payment. The money that you receive is dependent on your age and the value of your home. Another great feature of a reverse mortgage is you can never owe more than the value of your home.

read moreOne of the most important benefits of going with a commercial mortgage is that you retain total ownership over your business. Instead of selling an interest or raising funds you maintain complete control. Your success is entirely your own to keep. You've worked hard to get your business in a situation where a commercial mortgage makes sense for you. Don't risk the future of your company by selling interest, especially when commercial loans help you maintain that control. Additionally, when you own your own property or building you gain the advantages of appreciation on that property.

read moreIt's easy to understand why many people looking for a new home are turning to FHA insured loan programs. Because FHA Loans are insured by the Federal Housing Administration homebuyers have an easier time qualifying for a mortgage. Those who typically benefit most by an FHA loan are first-time home buyers and those who have less than perfect credit. With this information you can make a more informed decision on whether these government insured loans are right for you and your family. In response to the growing housing situation in the United States the loan limits for FHA Loans has been temporarily raised.

read moreThe following is a partial list of programs offered by The Force Group with a brief description of the key elements of each. For a complete list of the programs that we offer, please contact us at 305-556-0606. For seniors 62 and over. Allows the senior to receive monthly income or set up a line of credit without having to make payments monthly. There are no mortgage payments. Qualification is based on the equity of the home. Please contact us for more information. Backed by the Department of Housing and Urban Development, this mortgage offers the borrower the ability to put as little as 3% down payment - and they can even finance "allowable" closing costs.

read morePre-qualification starts the loan process. Once a lender has gathered information about a borrower's income and debts, a determination can be made as to how much the borrower can pay for a house. Since different loan programs can cause different valuations a borrower should get pre-qualified for each loan type the borrower may qualify for. In attempting to approve homebuyers for the type and amount of mortgage they want, mortgage companies look at two key factors. Ability to repay the mortgage is verified by your current employment and total income.

read moreWe offer competitive rates for our loan programs. If you don't see a rate you're looking for, you can use our Rate Tracker service to request that we notify you when rates reach a certain level.