THE TAILORED LOAN:
Not everybody has needs exactly the same. We have hundred’s of different loan programs and options available to tailor your loan specifically to your needs. We will help you determine the program that fits your situation and provide your choice of options to design your custom fit loan:

Below are just some of the loan programs Western Heritage Financial offers:

• Fixed and adjustable rate loans
• Subprime loans
• Interest only
• $0 down programs
• Loans for borrowers with hard to prove income
• Stated Income Loans
• First-time borrower Purchases
• Foreclosures
• Bankruptcy’s

Choose your Options below to tailor your loan program to your exact custom fit:

• Cash Out
• Rate or Term buy downs
• Prepay buyouts
• Extended loan terms
• Shorter loan terms
• Offer and Compromise

Fixed Rate Mortgages	40 Year Fixed 30 Year Fixed 20 Year Fixed 15 Year Fixed 10 Year Fixed	The monthly payment and the rate are fixed for the life of the loan. Excellent loan for those that need the security and stability of the same mortgage payment for years to come.
Interest Only Mortgages	10/25	Interest only payments allow you to pay the minimum payment or as much as you to pay towards the principle. You may pay a substantial amount of principle in a short period of time. In addition, principal payment may be subject to terms of note and Deed of Trust. Excellent for those trying to maximize their budget and for first-time home buyers.
Adjustable Rate Mortgages	10/1 ARM 7/1 ARM 5/1 ARM 3/1 ARM	Adjustable rate mortgage allows a lower initial monthly payment. Rates are fixed for a set period of time and then adjust thereafter. ARM’s are excellent for those who know their future time frame. ARM’s are a great short term loans!
Reverse Mortgages		Reverse Mortgage Loans are for those 62 years old and over. This loan can help ensure a better quality of life and financial independence for any senior that can qualify.
Stated Income	30 Year Fixed 20 Year Fixed 15 Year Fixed Interest Only	This is a program that does not require you to provide proof of income and/or assets. Great for a self-employed borrowers with one or more sources of income that are truly hard to document. IRS form 4506 may be required to be signed in escrow.
Home Equity Line of Credit	Interest Only Fixed Payments	A home equity line of credit is usually a second mortgage. The equity in your home is used for various purposes, including debt consolidation, home improvements, educational purposes, etc. Interest paid on this loan may be tax deductible, check with your accountant.