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In the real estate financing industry, a Shared Appreciation Mortgage (SAM) can be used as an “Alternative Financing” option for real property investments of all sizes, rather than being confined to the terms and conditions imposed upon most investors by traditional banks.

No Income Verification Loans is great for those who can’t verify income with traditional documentation, such as those who are self-employed or salaried. NIV loans are usually designed for those who have substantial savings for a down payment. NIV Loans come in all varieties and can be used to purchase a home or to refinance an existing mortgage.

Jumbo mortgage loans are loans above the maximum loan amount established by the programs offered by the government-chartered corporations Fannie Mae and Freddie Mac. Since these loans don’t conform to Fannie Mae and Freddie Mac underwriting guidelines, they cannot be sold to Fannie Mae or Freddie Mac.

Typically, a balloon mortgage is a short-term, fixed-rate mortgage that offers a lower interest rate during the repayment period, but it requires a large lump-sum payment due at the end of a specified term. Most mortgages are set up so that you pay off the loan gradually by the monthly payments that you make over the loan term (for example, 30 years).

The 15-year fixed rate mortgage for Trident Mortgage offers the qualified consumer five big advantages. You own your home in half the time it would take with a traditional mortgage. You save more than half the amount of interest of a 30-year mortgage.

An adjustable-rate mortgage (ARM) from Trident Mortgage is a mortgage that has a rate that’s fixed for the first several years of the loan and then adjusts up or down according to financial markets.  You can use an Adjustable Rate Mortgage to your advantage: Get a lower monthly payment than a fixed-rate loan.

Trident Mortgage would like to answer a few simply questions about Conventional Loans:   What are conventional loans? They are loans that conform to Fannie-Mae and Freddie Mac guidelines. These are companies that buy mortgages on the secondary market.

They are known as Predatory Lenders. You see their ads; payday loans, buy a car with no or bad credit, subprime credit cards with well over 20% interest rates and finally the home loan corporations. ShareThis

Businessweek’s Brian Grow and Keith Epstein did an in depth article on the corporations that prey upon our nations poor, specifically the working poor. The title of their article (listen to the podcast here): The Poverty Business . There is quite a lot of money to be made off this large group, don’t kid yourself.

A shared appreciation mortgage is a mortgage in which the lender agrees to an interest rate lower than the prevailing market rate, in exchange for a share of the appreciated value of the collateral property. The share of the appreciated value is known as the contingent interest, which is determined and due at the sale of the property or at the termination of the mortgage.