Metropolitan Home Mortgage
a division of Infinite Financial Corporation

Purchase, Refinance, Interim, Remodel, Cash-Out

Residential and Commercial including development loans.

Types of transactions:
Purchase
Refinance
Cash-Out Home Equity
No Cost Refinance programs
Interim Construction
Commericial Development
Bridge Financing

From perfect to not-so-perfect credit.
We handle transactions for individuals in any credit situations.

Property types:
Primary residence, 2nd homes, investment, commercial.
Single Family detached, Duplex, 4 plex, 8 plex. spec land. Lots. Commercial investment. Income property Multi-Family. Ranches, land, etc.

Borrowers:
Individuals, Groups, Trusts, Corporations, etc.
 
30 YR FIXED
20 YR FIXED
15 YR FIXED
JUMBO 5/1 ARM
JUMBO 5/1 ARM % ONLY
JUMBO 7/1 ARM
JUMBO 7/1 ARM % ONLY
JUMBO 10/1 ARM
JUMBO 10/1 ARM % ONLY
PORTFOLIO ARM
1 TIME CLOSE

30 YR FIXED
Conforming fixed rate

Term: 30 years   Maximum Amount: $417,000

20 YR FIXED
conforming 20 year fixed rate

Term: 20 years   Maximum Amount: $417,000

15 YR FIXED
conforming 15 year fixed rate

Term: 15 years   Maximum Amount: $417,000

JUMBO 5/1 ARM
Jumbo 5/1 ARM fixed for 60 months adjusting to 1 YR ARM

Term: 30 years   Maximum Amount: $3,000,000
 
5/1 ARM amortized over 30 years.

JUMBO 5/1 ARM % ONLY
% only fixed for 1st 10 years of loan, 5 years locked rate

Term: 30 years   Maximum Amount: $3,000,000
 
Minimum FICO 720, qualify based upon amortized payment, LTV not to exceed 75%

JUMBO 7/1 ARM
Jumbo 7/1 ARM fixed for 84 months adjusting to 1 YR ARM

Term: 30 years   Maximum Amount: $3,000,000

JUMBO 7/1 ARM % ONLY
% only fixed for 1st 10 years of loan, 7 years locked rate

Term: 30 years   Maximum Amount: $3,000,000
 
Minimum FICO 720, qualify based upon amortized payment, LTV not to exceed 75%

JUMBO 10/1 ARM
Jumbo 10/1 ARM fixed for 120 months adjusting to 1 YR ARM

Term: 30 years   Maximum Amount: $3,000,000

JUMBO 10/1 ARM % ONLY
% only fixed for 1st 10 years of loan, 10 year locked rate

Term: 30 years   Maximum Amount: $3,000,000
 
Minimum FICO 720, qualify based upon amortized payment, LTV not to exceed 75%

PORTFOLIO ARM
5 YR ARM

Term: 30 years   Maximum Amount: $3,000,000
 
Jumbo portfolio program with expanded guidelines for income qualifying. Asset depletion model to use reserves to help qualify for income. Foreign nationals, non-warrantable condos, investment properties, properties with acreage, cash-out refinance with up to $1M cash.

1 TIME CLOSE
Construction loan for construction/remodel

Term: 30 years   Maximum Amount: $5,000,000
 
Interest only on amount drawn down until property completed. Upon property completion modify into remaining term of initial 60 months at locked rate amortized over 30 years. 1% origination.



Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $484,350 for the contiguous states, District of Columbia, and Puerto Rico or below $636,150 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $417,000 with closing costs of $2,500. Jumbo Loans (whose maximum loan amount exceed $484,350 for the contiguous states, District of Columbia, and Puerto Rico or exceed $636,150 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $650,000 with closing costs of $2,750. Your actual APR may be different depending upon these factors.

Constuction loans up to $5,000,000.

Recently closed $7,900,000  7 year ARM 3.500% 1 time close loan.