The Busch Team offers mortgage solutions to fit all of your needs. These are some of the mortgage products and services that we offer:
DC Open Doors Mortgage Program
The DC Open Doors Mortgage loan program provides home mortgages in Washington DC and payment assistance to qualified buyers who want to purchase a home in any area or neighborhood in the District.
A Non-QM loan can help borrowers who have had credit issues in the past such as foreclosures, bankruptcy, late payments or other isolated credit issues.
Residential Bridge Financing
Bridge loans are temporary in nature with maturities ranging from 30-120 days secured by the equity in your existing home to free up your cash to purchase a new home.
Fixed Rate Mortgages
A fixed-rate mortgage has the same interest rate for the life of the loan and monthly payments (principal and interest) that stay fixed.
A non-conforming loan is a loan that fails to meet bank criteria for funding. Reasons could include that the loan amount is higher than the conforming loan limit, lack of sufficient credit, the unorthodox nature of the use of funds, or the collateral backing it.
FHA insured loans offer some benefits, including smaller down payments on loans over $417,000, easier qualification and lower credit score thresholds.
VA mortgage loans can make it much simpler for veterans to secure a home loan by requiring little or no down payment.
Residential Bridge Loans
Residential bridge loans are temporary in nature with maturities ranging from 30-120 days secured by the equity in your existing home to free up your cash to purchase a new home.
Adjustable Rate Mortgages
An ARM is a mortgage in which the interest rate and payments are adjusted periodically based on a pre-selected index.
Our construction loan offers a variable rate that moves up and down with the prime rate. Our construction loan rate is higher than our traditional mortgage loan rates.