The “Choose your payment” mortgage (4 payment options):

Imagine being able to decide how much you wanted to pay on your home each time you opened your mortgage payment bill…

Under this loan program, you get 4 options that you have the freedom to choose from – every month! This is the most popular mortgage we offer by far. We are one of the only lenders that has this product and we are very proud of it. This mortgage is the most flexible of all mortgages, as it gives you the power to choose how much you want to pay on your home each month! This mortgage is so flexible, you can choose 1 of 4 options each month and you can change your payment option as often as you want. This mortgage program can be applied to purchases or refinances on your current property and can go up to 95% LTV! This mortgage can apply to any home up to $650,000 in value. If you want to further simplify your mortgage approval process, we can approve you under this program under a “stated income” scenario where you do not need to provide tax returns etc. Self employed borrowers are also welcome to use this program as well. Your 4 payment choices are:

- Minimum payment. This is the lowest payment available anywhere under any loan program. It is even lower than the interest only portion of your payment.

- Interest only payment – In this option, you can choose to only pay the accumulated interest on your mortgage. Typically, it is slightly higher than the “minimum payment” option.- 30 year amortization payment – When you choose this payment option, you will be paying the payment as if your home was on a 30 year amortization. In other words: If you chose this payment each month, your home would be paid off in 30 years.

- 15 year amortization payment - When you choose this payment option, you will be paying the payment as if your home was on a 15 year amortization. In other words: If you chose this payment each month, your home would be paid off in 15 years. This is a great choice if you want to pay your mortgage off faster – or if you just want to reduce your principal.

- Principal reduction payment – This is another option that you can exercise at any time. This is an option that you can choose at any time to add additional principal to your payment to pay off your home faster.

Apply now and one of our senior mortgage consultants would be happy to go over this option with you. Nearly every circumstance can apply to this loan program as its flexibility is unparalleled.

We are flex payment mortgage experts in Texas, California, Florida, Colorado. Call 1-888-353-6388 now or apply here for approval today! Our expert mortgage consultants are ready to help.

This program is applicable to the following loan types:

Texas home mortgage, Texas home purchase, Texas cash-out refinance, Texas rate and term refinance, Texas home equity loan, Texas jumbo mortgage, Texas jumbo refinance, Texas VA loan, Texas ARM mortgage, Texas fixed rate mortgage, Texas adjustable rate mortgage, Texas debt consolidation loan, Texas mortgage or Texas refinance, California home mortgage, California home purchase, California cash-out refinance, California rate and term refinance, California home equity loan, California jumbo mortgage, California jumbo refinance, California VA loan, California ARM mortgage, California fixed rate mortgage, California adjustable rate mortgage, California debt consolidation loan, California mortgage or California refinance, Florida home mortgage, Florida home purchase, Florida cash-out refinance, Florida rate and term refinance, Florida home equity loan, Florida jumbo mortgage, Florida jumbo refinance, Florida VA loan, Florida ARM mortgage, Florida fixed rate mortgage, Florida adjustable rate mortgage, Florida debt consolidation loan, Florida mortgage or Florida refinance, Colorado home mortgage, Colorado home purchase, Colorado cash-out refinance, Colorado rate and term refinance, Colorado home equity loan, Colorado jumbo mortgage, Colorado jumbo refinance, Colorado VA loan, Colorado ARM mortgage, Colorado fixed rate mortgage, Colorado adjustable rate mortgage, Colorado debt consolidation loan, Colorado mortgage or Colorado refinance.

Interest only loan programs:

If you are self employed or want to streamline the approval process, you can choose to not document your income. In this case, you simply state your income without having to provide tax returns etc. Call our offices to speak with one of our mortgage consultants about the options you have under this program. It is a very flexible mortgage solution.

We are interest only mortgage experts in Texas, California, Florida, and Colorado. Call 1-888-353-6388 now or apply here for approval today! Our expert mortgage consultants are ready to help.

This program is applicable to the following loan types:

Texas home mortgage, Texas home purchase, Texas cash-out refinance, Texas rate and term refinance, Texas home equity loan, Texas jumbo mortgage, Texas jumbo refinance, Texas VA loan, Texas ARM mortgage, Texas fixed rate mortgage, Texas adjustable rate mortgage, Texas debt consolidation loan, Texas 100% mortgage or Texas 100% refinance, California home mortgage, California home purchase, California cash-out refinance, California rate and term refinance, California home equity loan, California jumbo mortgage, California jumbo refinance, California VA loan, California ARM mortgage, California fixed rate mortgage, California adjustable rate mortgage, California debt consolidation loan, California 100% mortgage or California 100% refinance, Florida home mortgage, Florida home purchase, Florida cash-out refinance, Florida rate and term refinance, Florida home equity loan, Florida jumbo mortgage, Florida jumbo refinance, Florida VA loan, Florida ARM mortgage, Florida fixed rate mortgage, Florida adjustable rate mortgage, Florida debt consolidation loan, Florida 100% mortgage or Florida 100% refinance, Colorado home mortgage, Colorado home purchase, Colorado cash-out refinance, Colorado rate and term refinance, Colorado home equity loan, Colorado jumbo mortgage, Colorado jumbo refinance, Colorado VA loan, Colorado ARM mortgage, Colorado fixed rate mortgage, Colorado adjustable rate mortgage, Colorado debt consolidation loan, Colorado 100% mortgage or Colorado 100% refinance.

Investment properties:

There is no better place to find financing for your investment property that e-Lend Mortgage. We have the best investment loan programs for your California investment property loan, Texas investment property loan, Florida investment property loan, Colorado investment property loan, Michigan investment property loan or Virginia investment property loan.

We have investment property mortgage programs to fit any situation. If you are self employed borrower or would like to not document your income, we have the program for you. We can even lend up to 100% of the purchase under these guidelines.

We are investment mortgage experts in Texas, California, Florida, and Colorado. Call 1-888-353-6388 now or apply here for approval today! Our expert mortgage consultants are ready to help.

This program is applicable to the following loan types:

exas home mortgage, Texas home purchase, Texas cash-out refinance, Texas rate and term refinance, Texas home equity loan, Texas jumbo mortgage, jumbo refinance, Texas VA loan, Texas ARM mortgage, Texas fixed rate mortgage, Texas adjustable rate mortgage, Texas debt consolidation loan, Texas 100% mortgage or Texas 100% refinance, California home mortgage, California home purchase, California cash-out refinance, California rate and term refinance, California home equity loan, California jumbo mortgage, California jumbo refinance, California VA loan, California ARM mortgage, California fixed rate mortgage, California adjustable rate mortgage, California debt consolidation loan, California 100% mortgage or California 100% refinance, Florida home mortgage, Florida home purchase, Florida cash-out refinance, Florida rate and term refinance, Florida home equity loan, Florida jumbo mortgage, Florida jumbo refinance, Florida VA loan, Florida ARM mortgage, Florida fixed rate mortgage, Florida adjustable rate mortgage, Florida debt consolidation loan, Florida 100% mortgage or Florida 100% refinance, Colorado home mortgage, Colorado home purchase, Colorado cash-out refinance, Colorado rate and term refinance, Colorado home equity loan, Colorado jumbo mortgage, Colorado jumbo refinance, Colorado VA loan, Colorado ARM mortgage, Colorado fixed rate mortgage, Colorado adjustable rate mortgage, Colorado debt consolidation loan, Colorado 100% mortgage or Colorado 100% refinance.

100% LTV Financing options:

If you are like most people, you really cherish your cash. Most people want to put down as little as possible when it comes to a home purchase in California, Texas, and Florida. If that is the case – we have the mortgage program for you!

We have several scenarios that enable you to get 100% financing even if you have blemished credit. We can work with all situations under these parameters and escrow is even optional!

If you want to avoid mortgage insurance, we can still provide the 100% financing with our 80/20 option, which splits the mortgage into 2 separate payments to avoid having to pay mortgage insurance.

If you are self employed or do not want to document your income, we can help you with 100% financing as well. We are specialists in California 100% mortgage financing, Texas 100% mortgage financing, Florida 100% mortgage financing, and Colorado 100% mortgage financing.

We are 100% LTV mortgage experts in Texas, California, Florida, and Colorado. Call 1-888-353-6388 now or apply here for approval today! Our expert mortgage consultants are ready to help.

This program is applicable to the following loan types:

Jumbo Mortgages:

 Recently the department of housing set a new standard for what is considered a “Jumbo Mortgage”. The amount is now $369,650.00. If you are looking for a house that exceeds that number – up to $5,000,000.00, we have a great mortgage solution for you.

e-Lend Mortgage LLC has mortgage consultants that specialize in Texas jumbo mortgages, California jumbo mortgages, Florida jumbo mortgages, and Colorado jumbo mortgages. We have programs that fit every need including the following:

- Self employed borrower programs

- No income verification mortgage programs

- High LTV mortgage programs

- Adjustable rate mortgage programs

We are Jumbo mortgage experts in Texas, California, Florida, and Colorado. Call 1-888-353-6388 now or apply here for approval today! Our expert mortgage consultants are ready to help.

This program is applicable to the following loan types:

Cash out refinancing:

 What would you do with some extra cash? If you are like most people, you could pay off some of your revolving debt (credit cards) or school loans or you could take a dream vacation! Other people choose to pay for their children’s college education with the cash out equity in their home or even use it to invest in the stock market.

Whatever you would do with your extra cash – it is really up to you. Cash out refinancing gives you the flexibility to do what you want – when you want.

Let’s look at an example:

If you owe $100,000 on your home, but your homes value is $175,000 – you have tons of equity there at your disposal. In addition, in many cases, you can reduce your interest rate and not pay any more in your monthly payment and get access to tens of thousands of dollars! Then you can take that money and pay off credit cards, school loans or whatever else you are paying on and INCREASE your monthly net income!

This is why cash out refinancing is so popular.

We also offer HELOC loans. These are Home Equity Lines of Credit that are basically like credit cards that use the equity in your home as a credit line. You don’t pay interest on the portion that you don’t use and you have the access to this line as you see fit. They are incredibly flexible and are easy to implement. Call and one of our mortgage consultants will be happy to discuss your options with you.

We are Cash out refinance experts in Texas, California, Florida, and Colorado. Call 1-888-353-6388 now or apply here for approval today! Our expert mortgage consultants are ready to help.

This program is applicable to the following loan types:

Texas home mortgage, Texas cash-out refinance, Texas rate and term refinance, Texas home equity loan, Texas jumbo mortgage, Texas jumbo refinance, Texas ARM mortgage, Texas fixed rate mortgage, Texas adjustable rate mortgage, Texas debt consolidation loan, California home mortgage, California cash-out refinance, California rate and term refinance, California home equity loan, California jumbo mortgage, California jumbo refinance, California ARM mortgage, California fixed rate mortgage, California adjustable rate mortgage, California debt consolidation loan, Florida home mortgage, Florida cash-out refinance, Florida rate and term refinance, Florida home equity loan, Florida jumbo mortgage, Florida jumbo refinance, Florida ARM mortgage, Florida fixed rate mortgage, Florida adjustable rate mortgage, Florida debt consolidation loan, Colorado home mortgage, Colorado cash-out refinance, Colorado rate and term refinance, Colorado home equity loan, Colorado jumbo mortgage, Colorado jumbo refinance, Colorado ARM mortgage, Colorado fixed rate mortgage, Colorado adjustable rate mortgage, Colorado debt consolidation loan.

Home Equity loan information:

Home Equity loans are fast becoming the first choice for homeowners that are taking control of their finances. Home Equity loans in Texas, California, Florida, and Colorado are easy to obtain with e-Lend Mortgage LLC.

We at e-Lend Mortgage LLC have many options with regard to Home Equity loans, but in a nutshell: Home Equity loans are like credit cards that use your home’s equity as a line of credit. The line of credit is available whenever you want it and you only pay interest on the amount of the line that is outstanding. This is a great option if you don’t want to use your entire home equity loan at one time. Some states even let you borrow up to 125% of your homes value!

We are Home Equity experts in Texas, California, Florida, and Colorado. Call 1-888-353-6388 now or apply here for approval today! Our expert mortgage consultants are ready to help.

Home Purchases:

Is a Texas home purchase, California home purchase, Florida home purchase, or Colorado home purchase in your future? If so, you are in the right place.

There are literally THOUSANDS of possibilities to fund your new home with us here at e-Lend Mortgage. Here are just some of the programs we offer:

Click any of the following links for more information:

• 4 payment option mortgage
• 100% LTV loans
• Interest only mortgage
• Adjustable rate mortgage
• VA mortgage
• 100% Investment purchase
• Jumbo mortgages

We
are purchase mortgage experts in Texas, California, Florida, and Colorado.Call 1-888-353-6388 now or apply here for approval today! Our expert mortgage consultants are ready to help.

This program is applicable to the following loan types:

Texas home mortgage, Texas home purchase, Texas cash-out refinance, Texas rate and term refinance, Texas home equity loan, Texas jumbo mortgage, Texas jumbo refinance, Texas VA loan, Texas ARM mortgage, Texas fixed rate mortgage, Texas adjustable rate mortgage, Texas debt consolidation loan, Texas 100% mortgage or Texas 100% refinance, California home mortgage, California home purchase, California cash-out refinance, California rate and term refinance, California home equity loan, California jumbo mortgage, California jumbo refinance, California VA loan, California ARM mortgage, California fixed rate mortgage, California adjustable rate mortgage, California debt consolidation loan, California 100% mortgage or California 100% refinance, Florida home mortgage, Florida home purchase, Florida cash-out refinance, Florida rate and term refinance, Florida home equity loan, Florida jumbo mortgage, Florida jumbo refinance, Florida VA loan, Florida ARM mortgage, Florida fixed rate mortgage, Florida adjustable rate mortgage, Florida debt consolidation loan, Florida 100% mortgage or Florida 100% refinance, Colorado home mortgage, Colorado home purchase, Colorado cash-out refinance, Colorado rate and term refinance, Colorado home equity loan, Colorado jumbo mortgage, Colorado jumbo refinance, Colorado VA loan, Colorado ARM mortgage, Colorado fixed rate mortgage, Colorado adjustable rate mortgage, Colorado debt consolidation loan, Colorado 100% mortgage or Colorado 100% refinance.

Appraisal Information:

An appraisal of real estate is the valuation of the rights of ownership. The appraiser must define the rights he intends to appraise.

The appraiser does not create value, the appraiser interprets the market to arrive at a value estimate. As the appraiser compiles data pertinent to a report, consideration must be given to the site and amenities as well as the physical condition of the property. An appraiser may spend only a short time inspecting the property, however, this is only the beginning.

Considerable research and collection of general and specific data must be accomplished before the appraiser can arrive at a final opinion of value.

Due to the many types of value, such as Fair Market Value, Insurance Value, Tax Value and Value In Use, the need to precisely define the purpose of the appraisal is essential.

Once an appraisal is ordered, here are some questions they may ask of you:

• What is the purpose of the appraisal?
• When is the required completion date of the appraisal?
• Is property listed for sale and if so, for how much and with whom?
• What personal property, such as appliances, are included ?
• If it is an income­ producing property, provide a breakdown of income and expenses for the last year or two and a copy of leases.
• Provide a copy of deed, survey, purchase agreement or other pertinent papers pertaining to the property.
• Provide a copy of current real estate tax bill, statement of special assessments, balance owing and on what [sewer, water, etc.].

We would be glad to assist you with ordering your appraisal in Texas, California, Florida, Colorado. Call 1-888-353-6388 now or apply here for approval today! Our expert mortgage consultants are ready to help.

Refinancing information:

When you're making your decision, there are several things in mind.

First, even a small rate cut can pay off quickly. When you consider the amount of money you are dealing with, and the amount of time you are paying on the loan, even a small rate cut can save you tens of thousands of dollars over the life of the loan!

Second, if you are planning to stay in your home for at least three to five years, it may make sense to pay a buy-down point (a point equals 1% of the loan amount) and closing costs to get the lowest available rate. We at e-Lend Mortgage will show you options that will enable you to buy a lower rate and over time it can even save you more money. The math is simple and one of our mortgage consultants will be happy to go over the options with you.

And third, you can avoid laying out cash and still get a low rate by adding the points and closing costs to your new mortgage. Does that mean shouldering a lot of extra debt? Not necessarily. If you've had your current mortgage for at least three years, you've probably reduced your balance by several thousand dollars. So you may be able to tack your closing costs onto your new loan and still end up with a mortgage that's smaller than your original one -- plus, of course, a lower rate and lower monthly payment.

e-Lend Mortgage LLC has an option for every type of situation. Here are just some of the refinance options that we have. Click a link for more information:

• 4 payment option mortgage
• Rate and term refinance
• Interest only refinance
• Adjustable rate refinance
• Cash-Out refinance
• Investment property refinance
• Home equity loans

Lock in on low rates :

When rates fall steadily, refinancing may make sense even if you have done so once already. Rick and Michelle R of Dallas, Texas refinanced twice within three months. In October, they trimmed the rate on their 30-year fixed mortgage by a full point for a monthly savings of $63. Plus, because home prices in their area had boosted their home equity, they were able to stop paying private mortgage insurance that cost them $120 a month.

To exploit continued decline in rates, they refinanced again in December. Their new 30-year fixed mortgage was lowered, lopping another $55 off their monthly bill. Since the couple had chosen a no-cost refinancing each time, their total out-of-pocket expenses came to just $350 in appraisal fees. So by the time you read this, they will already have recouped their up front costs. "Now we can use the savings to build up a cash emergency fund," says Rick.

be written off in a lump sum. Say you refinanced to a 30-year mortgage in 1993 and paid $3,000 in points. By now, you would have written off roughly $500. If you refinance again this year, you could deduct the remaining $2,500 on your 1998 tax return. For a homeowner in the 28% tax bracket, that works out to a savings of $700 -- enough to offset some or all of your costs this time around.

We are refinance experts in Texas, California, Florida, Colorado. Call 1-888-353-6388 now or apply here for approval today! Our expert mortgage consultants are ready to help.

We have refinance options applicable to the following loan types:

Texas home mortgage, Texas home purchase, Texas cash-out refinance, Texas rate and term refinance, Texas home equity loan, Texas jumbo mortgage, Texas jumbo refinance, Texas VA loan, Texas ARM mortgage, Texas fixed rate mortgage, Texas adjustable rate mortgage, Texas debt consolidation loan, Texas 100% mortgage or Texas 100% refinance, California home mortgage, California home purchase, California cash-out refinance, California rate and term refinance, California home equity loan, California jumbo mortgage, California jumbo refinance, California VA loan, California ARM mortgage, California fixed rate mortgage, California adjustable rate mortgage, California debt consolidation loan, California 100% mortgage or California 100% refinance, Florida home mortgage, Florida home purchase, Florida cash-out refinance, Florida rate and term refinance, Florida home equity loan, Florida jumbo mortgage, Florida jumbo refinance, Florida VA loan, Florida ARM mortgage, Florida fixed rate mortgage, Florida adjustable rate mortgage, Florida debt consolidation loan, Florida 100% mortgage or Florida 100% refinance, Colorado home mortgage, Colorado home purchase, Colorado cash-out refinance, Colorado rate and term refinance, Colorado home equity loan, Colorado jumbo mortgage, Colorado jumbo refinance, Colorado VA loan, Colorado ARM mortgage, Colorado fixed rate mortgage, Colorado adjustable rate mortgage, Colorado debt consolidation loan, Colorado 100% mortgage or Colorado 100% refinance.

VA loan information:

Am I eligible?

All veterans who served on active duty and were discharged under conditions other than dishonorable, during World War II and later periods are eligible for VA loan benefits. World War II (September 16, 1940 to July 25, 1947), Korean conflict (June 27, 1950 to January 31, 1955), and Vietnam era (August 5, 1964 to May 7, 1975) veterans must have at least 90 days' service. Veterans with service only during peacetime periods and active duty military personnel must have had more than 180 days' active service. Veterans of enlisted service which began after September 7, 1980, or officers with service beginning after October 16, 1981, must in most cases have served at least 2

Persian Gulf Conflict:

Members of the Selected Reserve, including National Guard, who are not otherwise eligible and who have completed 6 years of service and have been honorably discharged or have completed 6 years of service and are still serving may be eligible. The expanded eligibility for Reserves and National Guard individuals will expire September 30, 2003. Contact the local VA office to find out what is needed to establish eligibility. Reservists will pay a slightly higher funding fee than regular veterans.

5 Steps to a VA Loan

1. Apply for a Certificate of Eligibility.
   A veteran who doesn't have a certificate can obtain one easily by completing VA Form 26-1880, Request for a Certificate of Eligibility for VA Home Loan Benefits and submitting it to one of the Eligibility Centers with copies of your most recent discharge or separation papers covering active military duty since September 16, 1940, which show active duty dates and type of discharge.
2. Decide on a home the buyer wants to buy and sign a purchase agreement
3. Order an appraisal from VA. (Usually this is done by the lender.)
   Most VA regional offices offer a "speed-up" telephone appraisal system. Call the local VA office for details.
4. Apply to a mortgage lender for the loan.
   While the appraisal is being done, the lender (mortgage company, savings and loan, bank, etc.) can be gathering credit and income information. If the lender is authorized by VA to do automatic processing, upon receipt of the VA or LAPP appraised value determination, the loan can be approved and closed without waiting for VA's review of the credit application. For loans that must first be approved by VA, the lender will send the application to the local VA office, which will notify the lender of its decision.
5. Close the loan and the buyer moves in.

Adjustable rate mortgages are becoming more and more popular. They serve 3 distinct purposes:

1. If you would like a lower monthly payment due to a lower interest rate, an adjustable rate mortgage (ARM) will be a good option for you. When you have an adjustable rate mortgage, your mortgage interest rate is fixed for a certain period of time – usually 1, 3, 5 or 7 years. After that time, your rate can adjust up or down according to the market at that time. Because the rate is only fixed for this period of time instead of 30 years for instance, banks will offer lower rates on these loans.
   
2. If you are planning to stay in your home for less than 7 years an adjustable rate mortgage (ARM) will be a great option for you. Because you are only going to be in the home for this period of time, why would you pay more in interest rate for a 30 year lock on your rate? The best option will be an ARM loan. This will lower your interest rate and still keep your rate locked for that set period of time – 1, 3, 5, or 7 years. There really is no disadvantage in this case. We at e-Lend Mortgage see customers all the time come to us stating that another mortgage company was not offering this option to them. This happens every day. Other mortgage companies will want to lock that rate for as long as possible to get paid more on that loan. We want the best loan for you and this will give you several benefits. In addition, if you end up staying in the home, you can decide to lock the rate at that point by paying a fee in some instances or getting another 30 or 15 year locked mortgage.
   
3. If the interest rates in the current market are high and you expect that they will reduce over time. If this is the case, an adjustable rate mortgage (ARM) mortgage is going to be a good bet. This adjustable rate mortgage will enable you to lock the rate for a period of time – 1, 3, 5, or 7 years and then the rate will adjust. If rates are better at that time, your mortgage payment will fall with the market.

We are Adjustable Rate Mortgage experts in Texas, California, Florida, and Colorado. Call 1-888-353-6388 now or apply here for approval today! Our expert mortgage consultants are ready to help.

This program is applicable to the following loan types: