Our Services
Elevate Your Path to Homeownership With Mountain Lake Mortgage
Our Services
VA Loans
You raised your right hand to serve this country, so I’m here to help serve you in this awesome benefit to our veterans. With credit scores as low as 500 eligible for this program, for qualifying veterans, this is a great opportunity to refinance, or purchase your next home. We can do cash out refinances up to 100% financing of the appraised value, streamline refinances, and purchases on primaries, as well. Look at the One-Time Close Construction to see about eligibility on a VA purchase on land and build up to four units, too, for even more options.
- Loans up to $4M
- Temporary Rate Buy Downs
- Available on Single- and Multi-wide manufactured homes, co-ops, condos, PUDs, and One-Time Close Construction loans. Some conditions apply so reach out for your quote today.
- Rehab VA Loans available too
Why Mountain Lake Mortgage?
With Chris’ military background and understanding of VA loans, he is able to help veterans and their families navigate the system to use the VA loan to buy homes. Chris looks forward to supporting our veteran families use the VA loan to buy their home.
FHA Loans
Our FHA Loans are a great opportunity to utilize a grant program (not a second lien) and a 3.5% down minimum to get into a great home. Credit scores can go down to as low as 500 on this product, but some conditions will apply to the grant product, though. We also offer a No FICO (Credit Score) FHA product for primary home purchases, where we show your good rental history and two other lines of payments, like cell phone bills, auto insurance, and anything else, to help get you into a home.
- Available on single- and multi-wide manufactured homes, condos and PUDs, but some conditions do apply
- Temporary Rate Buydowns
- Can be used for FHA 203 (k) Rehab Loans
Why Mountain Lake Mortgage?
As an FHA approved lender, Mountain Lake Mortgage can provide a grant to those who are applying for an FHA Loan. Chris works to help those who are getting back on their feet to make their homeowner dream a reality.
USDA Guaranteed Loans
This is a great option for a zero down payment product in rural areas. It is available for primary residences, and if you are wanting to refinance your USDA Guaranteed Loan, as well, we have options for that too. We can also finance the closing costs with great strategies so submit a quote to learn more about this option. Property must be a single-family residence, but please reach out if you are questioning a property for it’s qualification for an offer. We are here to serve you!
- Minimum credit score down to 550 and Underwriting Approval
- Minimum Loan amounts around $125,000 and sometimes less with underwriting approval
Why Mountain Lake Mortgage?
USDA loans a great way for those will lower income to buy or build a house in a rural area. Mountain Lake Mortgage supports families who want to live in the more rural areas in America by providing non-conventional mortgage requirements.
Conventional Loans
This is our go to loan for those either putting a lot down, or as little as 1-5% down. Some conditions apply to the lower down payment options, such as income limitations, being a first-time home buyer and some other caveats, so please reach out to get more information on this product. We do conventional loans for second home and investments as well. Second homes typically have a 89-90% LTV, or simply put, we need around a 10% down option for this product. For investment properties it is typically around 85% LTV, or also put, 15% down to purchase. Everything is based on credit too, so reach out today for your quote on this.
- 620 minimum Credit Score typically
- Jumbo Loans allowed, but typically require 10% down
- Rate and Term Refinance, Cash-Out Refinance, and Purchases
- Renovation Loans Available
- Temporary Buy Downs
Why Mountain Lake Mortgage?
Mountain Lake Mortgage works with families get a mortgage that allows them to buy the house they desire.
Construction Loans
We offer Conventional and VA One-Time Close Constructions for eligible clients. With as little as 5% down for Conventional inquiries and Zero Down for Veterans, we are here to serve you. You can do up to 4 units on a build and even for veterans too. For Conventional Builds we can also do this for second homes and/or investments. Reach out with your builder to get an offer on land to build your dream home today.
- VA Credit Score as low as 580 with underwriting approval
- Conventional credit score beginning at 680
- Jumbo Loans will be considered with certain parameters met
Why Mountain Lake Mortgage?
Mountain Lake Mortgage supports doers and go-getters and looks forward to working with you to get your projects off the ground.
Other Loans
Have you been denied because of being self-employed or for other reasons? Maybe you have a certain circumstance where another product might fit you better. Please see below and reach out for other loan options:
- Asset Depletion
- Bank Statement Loans
- Debt Service Coverage Ratio Products on Investments
- Renovation Loans
- Foreign National Products
- Fix n’ Flip Loans
- Bridge Loans
- HELOCs
- Land Loans
- ITIN Loans
- 5-8 Units Purchase/Refinance
- Interest Only
- Non-Warrantable Condos
- 1031 Exchange with Bridge Loan
- Second Mortgages
- Reverse Mortgages
- Reach out to Learn more about what we offer
Client Testimonials
See what others are saying about working with Chris
Building Trust-Based Relationships
With your interest in mind from start to finish.
Let's Talk
From discussing options that fit your home needs and discussing an application, it is never too late to begin.
Approved with Conditions
From initial submission to underwriting with a goal to get you approved with conditions, Chris is here to guide you along the way to success.
Keys in Hand
The most rewarding day is closing for anyone. From clear to close to keys in hand, Chris is here to make it easy for you.
