Where does 1st Alliance Mortgage, LLC do business?
1st Alliance Mortgage, LLC is a direct lender based in Houston, TX. The company was founded in 2002 and offers mortgage refinancing to borrowers in 1 state across the USA.
What is the maximum loan term for a mortgage refinance via 1st Alliance Mortgage, LLC?
The term of a mortgage refinance will determine the cost of your monthly payments. Longer terms will typically reduce your monthly payments but it will also increase the interest you pay. 1st Alliance Mortgage, LLC offers mortgages refinancing with terms ranging from 15 to 30 years.
Does 1st Alliance Mortgage, LLC charge a mortgage origination fee?
Yes, 1st Alliance Mortgage, LLC may charge a loan origination fee.
What mortgage programs does 1st Alliance Mortgage, LLC offer?
1st Alliance Mortgage, LLC offers the following mortgage types:
- Conventional mortgages: This includes any mortgage that is not insured or guaranteed by the federal government.
- FHA: Mortgages insured by the FHA, which usually have less stringent eligibility requirements, but borrowers must pay a mortgage insurance premium. Co-applicants are allowed and you can qualify for a down payment as low as 3%.
- VA: A zero down payment mortgage or a refinance of up to 120% of the home's value for American military members, veterans, and their spouses.
What property usage types does 1st Alliance Mortgage, LLC allow?
Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. 1st Alliance Mortgage, LLC allows the following property usage types:
- Primary home
- Secondary homes and vacation properties