Eric Nelson
NMLS #1556609 Vortex Mortgage 840 Apollo St. #100 El Segundo, CA 90245 310-864-3093

Discover the Mortgage Loan Designed to Meet Your Needs

How to Choose the Right
Home Loan Program

How do you choose which loan program is right for you? First, we believe that it starts with us understanding what are your financial goals. Second, we will educate you on how a mortgage really works and the risks that are involved with traditional financing. Third, we will educate you on the most optimal way to finance your home and the products available to you. Lastly, we will construct a tailor made road map with your mortgage as the key component to help you achieve your financial goals, sooner rather than later.

To begin your journey to financial freedom so you can spend your time doing the things that matter most, get in touch with us today …

The Off-Set Mortgage

The Off-Set Mortgage may seem like a new concept, however, this mortgage program has been around for decades. It has its origins in Australia and New Zealand, before it was adopted by Canada and parts of Europe. It is the most innovative and smartest way to finance a home. It’s the only mortgage in America that combines home financing and personal banking into one fluid account. It uses your idle cash in your checking account to offset your mortgage principal balance, thus making it the only principal-first mortgage with a sweeping checking account in America. This mortgage allows your idle cash work for you, thus saving you hundreds of thousands of dollars in harmful interest cost.

VA Loans

Perhaps the most appealing aspect of a VA loan is the fact that it’s guaranteed by the U.S. Department of Veteran Affairs. This type of loan doesn’t require mortgage insurance OR a down payment. A VA loan is often accompanied by lower interest rates and zero down payment due to its guaranteed status.

FHA Loans

Insured by the Federal Housing Administration, FHA loans are often considered an optimal choice for first-time home buyers. An FHA loan does NOT require perfect credit scores, and scores of approximately 580 are normally acceptable alongside a 3.5% down payment.

Conventional Loans

This type of mortgage loan provides a high level of versatility depending on what sort of home buyer you are. First-time home buyers, second-time home buyers, and even those looking for vacation home or insurance loans can win with a conventional loan. With a conventional loan, you have the ability to avoid paying mortgage insurance with a down payment of at least 20%.

Jumbo Loans

A jumbo loan is a mortgage loan that may have high credit quality, but is in an amount above conventional conforming loan limits. This type of home loan is generally appropriate for high-income earners with established credit scores.

Hard Money Loans

Rather than a bank or government entity, private investors are the lenders when it comes to real estate hard money loans. Because this type of loan is normally for a short term—generally between 1 and 5 years—a hard money loan is suitable for individuals seeking a short-term solution without having to jump through the hoops a bank would require.

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Whether You’re Looking to Purchase or Refinance, Mortgage Yourself to Financial Freedom – Start Today!