Traditional Loans

• Purchase, Refinance, and HELOC solutions

• Loans available up to $15 million

• 2-year tax return loans

• Loans based on bank statement analysis for self-employed borrowers

• Expanded criteria loans for borrowers with recent short sales or foreclosures

• Foreign National loans

• CORE PROGRAM
  A successful company operates on core beliefs. At our core, HML believes that property owners and investors are underserved by narrow and inflexible banking guidelines and we’re here to change that. We see loans in full color. We understand that every loan has a unique story and we’re ready to listen to the needs and issues of every borrower.Loan amounts from $200,000 to $5,000,000
  Minimum credit score generally 650

• Commercial loans and lines of credit

• Commercial mortgages for owner-occupants and investors

• SBA financing

• BRIDGE-TO-CORE PROGRAM
  Need a little more time? HML’s Bridge-to-Core Program offers additional flexibility for those who don’t yet qualify for our Core Program, giving the Borrower time to get everything in line for permanent financing.Loan amounts from $500,000 to $5,000,000
  Minimum credit score generally 650

•   Investor lending programs

Construction Loans

• New owner-occupied construction loans

• Loans for expansion or rehabilitation of an existing facility

• Construction financing is interest only for up to 2 years. Upon property completion, the loan will convert to an amortizing permanent loan.

Multi-family/Apartment

• Acquisitions, refinances, and new construction

Reverse Mortgage Loans

A reverse mortgage is a loan against the equity in the home that provides tax-free cash advances, but requires no payments during the term of the loan. Since there are no monthly payments during the life of the loan, the balance grows larger and the equity gets smaller.

The loan is not due and payable until the borrower no longer occupies the home as a principal residence, e.g., the last surviving borrower sells, moves out permanently or passes away.

You must be at least 62 years old and own your own home or condominium in order to qualify for a reverse mortgage. There are no income or credit requirements to qualify. Based on the amount of benefit which you qualify for, you may be eligible for a reverse mortgage even if you still owe money on your first mortgage.

Other Loans

In addition, Horizontal Mortgage Lending provides the following services to you and your clients at no charge:

PRE-QUALIFYING FOR PURCHASE TRANSACTIONS

• Horizontal Mortgage Lending will evaluate and issue a pre-qualifying letter for your clients and their agents within thirty minutes of the request. Pre-approving your client has become fundamental to the real estate industry. Due to increased market activity, clients who are pre-approved can now enter into a purchase transaction with no financing contingencies. Horizontal Mortgage Lending also offers loan approval prior to the property selection, if requested

TITLE INFORMATION

• Property profiles
• Legal descriptions
• Current vesting, Change of vesting, Trust vesting
• Discounts on title with one of the major title companies

CREDIT INFORMATION
(with signed authorization)

• TRW reports for loan pre-approval
• Credit profiles
• Assistance in correcting erroneous credit with the major reporting bureaus

APPRAISAL INFORMATION

• Provide detailed comparable listings to assist with establishing value for refinance, purchases, and estate planning from a licensed appraiser