Mortgage Loan Programs

Complete Mortgage Loan Programs Within Your Budget

We at Lending Bee are delighted to present to you our wide list of mortgage loan programs. We have carefully thought out and devised the implementation of these deals to suit everyone’s finances and needs.

If you wish to know more about our mortgage loan programs, you may reach our friendly support personnel at our Mortgage Hotline: (323) 848-9933.

  • 10% Down Investment/Rental Properties
    The Lending Bee has prepared a broad array of programs for investment buyers who want to put the least cash down. Typically these programs differ from a conforming loan in that a slightly higher interest rate is charged. To qualify for conforming rates, a down payment of 30% must be handed out.

  • 100% Financing
    We offer several no down payment options. One of these is the Rural Housing Service Loan, which increases the number of loans in rural communities. We also have a 100% program for borrowers that have good credit and employment histories, but have no money to provide as down payment. In some instances, the closing costs can be included in the loan amount and there is no mortgage insurance.

  • 2% Down
    This program allows qualified borrowers to purchase a new home at the lowest possible conforming interest rates, with only 2% of their own money. This program is actually a 95% loan; the additional 3% can come from a gift, grant, or unsecured loan. This is a great program for first time home buyers to take advantage of.

  • 3% Down FNMA
    If you consider yourself a moderate-income first time home buyer, this program is right for you. It allows greater flexibility for borrowers to qualify. The major requirement is that the borrower must complete a Home Buyer Education Course that we offer at no charge and can be completed at home. Simple, isn’t it?

  • 5% Down Primary or Second Home Purchase
    Lending Bee has a wide variety of programs for a primary purchase and even offers qualified borrowers a 5% financing on their second home. Loan approval comes fast and easy (less than an hour) as we use the latest technology in processing. Payment terms can be structured to the particular needs of borrowers. Among these are 30, 20, 15 and 10 year fixed rates, ARMs, and many balloon programs.

  • Home Equity Lines of Credit (HELOC)
    We offer special programs for borrowers who wish to keep their first mortgage in place and use their equity for debt consolidations, purchase other properties, or do home improvements, and other needs. Some programs allow up to 100% combined (1st and 2nd mortgage loans) to the appraised value. No closing cost HELOC’s are also available for your needs.

  • Mortgage Only
    So what if you have little installment or revolving credit? For those who have a good mortgage, you can qualify for a new mortgage courtesy of Lending Bee, based on your mortgage payment history only. Isn’t that a sweet deal?

  • NEW 97% LTV
    We have just recently started to offer 3% down payment with no geographic or income restrictions. The down payment can be a gift or grant or can come from your employer. The debt ratio will be based on your overall profile while the interest rate is a conventional conforming fixed rate.

  • No Equity 125-145% LTV Programs
    These programs are designed for borrowers who have outstanding credit. They may use the cash for home improvements, debt consolidation, or other major purchases.

  • No Income Verification
    The Lending Bee offers financing to self-employed borrowers or individuals in special situations who choose to or cannot provide income for qualification. We will accept incomes that are stated up to 85% of the appraised value.

  • Refinancing, Rate/Term or Cash-out
    Many of our programs are available to reduce your present mortgage interest rate with little or no "out-of-pocket" cash. We will use up to 100% of the appraised value of your property for some programs. You can use the equity in your home for home improvements, college tuition, debt consolidation, purchase of a boat or car, or for "emergency" cash savings.

  • Sub-Prime Programs
    The Lending Bee offers purchase, cash-out, and debt consolidation programs to borrowers who have slow credit, high ratio borrowers, or properties that do not conform to Fannie Mae guidelines. These loans typically carry a higher interest rate and more money down.