Orchard Hill Mortgage Company offers a variety of loan programs to meet your needs. We work with the leading lenders in the industry to provide:

Fixed Rate Loans

30-, 25-, 20-, 15- and 10-year terms are all available with fixed rate.

Buy a home with as little as 5% down (primary home).

Refinance up to 95% of your primary home’s value.

Monthly payments remain the same for the entire loan term.

Adjustable Rate Loans

3/1, 5/1, and 7/1 ARM’s. Monthly payments based on a 30 year repayment schedule.

Provides veterans with flexible lending options and loan security.

The rate stays fixed for the first 3, 5, or 7 years (depending on chosen term), and then adjusting annually thereafter.

FHA Loans

3.50% down payment required on purchase.

Minimum credit score usually 620.

Post-bankruptcy qualifying – 2 years after.

Post-foreclosure qualifying – 3 years after.

VA Loans

Competitive interest rates that are routinely lower than conventional rates.

Sellers can pay up to 6 percent of closing costs and concessions.

Higher allowable debt-to-income ratios than for many other loans.

0% down payment required on purchase.

30 year Fixed Rate Conventional Loan

30 year Fixed Rate Conventional Loan

Conventional loans typically are harder to qualify for than FHA loans and require a slightly higher down payment. However, in some cases rates can be lower and have lower closing costs. Also, monthly mortgage insurance is usually less or can be nothing with 20% down payment.

Term: 30 years Maximum Amount: $417,000

Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $417,000 for the contiguous states, District of Columbia, and Puerto Rico or below $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $417,000 with closing costs of $8,340. Jumbo Loans (whose maximum loan amount exceed $417,000 for the contiguous states, District of Columbia, and Puerto Rico or exceed $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $1,000,000 with closing costs of $20,000. Your actual APR may be different depending upon these factors.

Conventional High Balance Nationwide up to 90% LTV

Offer your borrowers high balance loans up to 90% LTV featuring UWM’s exclusive M.I. buyout to all of your borrowers nationwide. Even those outside of the counties eligible under Fannie Mae and Freddie Mac. Instead of having to opt for a Jumbo loan.

Program highlights include:

UWM’s Mortgage Insurance Buyout is typically cheaper that LPMI with no M.I. certificate needed

680+ FICO, 43% max DTI

Purchases up to 90% LTV refinances up to 80% LTV

Loan amounts from $453,101-$679,650

Eligible for primary and second homes

Pay Advantage – as little as 3% Down and No Mortgage Insurance

Eliminate monthly mortgage insurance and increase your borrower’s buying power! Pay Advantage offers your clients one of the lowest monthly payments available with a low down payment.

Up to 97% LTV with no monthly M.I.

100% gift for down payments eligible

Underwrite to AUS findings

M.I. certificates issued in house with no M.I. overlays

Elite

The obvious choice for your top-tier borrowers! Comprised of some of the best conventional rates and pricing in the industry, UWM’s Elite program allows you to close quickly, while generating solid referrals.

740+ FICO

Up to 80% LTV

Loan amounts from $250,000 up to County Loan Limits

Property Inspection Waivers honored

Underwrite to AUS findings

Includes Conventional, High Balance and ARMs

FHA – Portfolio Loans

Special Program for borrower with less then stellar credit

580+ FICO 3.5% down

500-579 FICO 10% down

All fixed term mortgages

Single family primary residences