There’s A Loan Just For You.
Every homebuyer is different because each homebuyer has different needs and different financial goals. That’s why Co/LAB Lending offers a variety of different home financing options.
INTERESTED IN A FRANCHISE OPPORTUNITY?
Find A Loan That Best Fits Your Needs Below:
I have a below average
FHA Home Loan
When applying for a loan, several factors are considered, including: credit score, length of your credit history, and the amount you can afford for a down payment. With less-than-perfect credit, Co/LAB Lending may be able to help you buy your home with an FHA loan. To qualify, your credit score needs to be at least 580. If you’re credit score is lower, you may still be in luck!
By placing 10% down, you may still be considered. Moreover, if it’s a lack of credit history that is causing your score to be low, you can provide documentation of utility and rent payments to prove financial fidelity. These non-traditional forms of credit may improve the probability of loan approval.
I am retired or
I’m retiring soon
Home Equity Conversion Loan
Co/LAB Lending offers reverse mortgages to homeowners who are 62 years or older and have limited income, but have accumulated equity in their homes. Three types of reverse mortgages exist: single purpose mortgages, home equity conversion mortgages, and private proprietary reverse mortgages.
Aptly named, this loan requires the lender to make payments to the borrower; the “reverse” of a traditional mortgage. Essentially, you’re able to convert a portion of your home equity into cash if you own your house outright. Borrowers are still required to pay property taxes and applicable HOA fees and maintain the property.
I need extra money
FHA 203K Loan
Fannie Mae Homestyle® Loan
When making renovations to your home, avoid a second mortgage by opting for a HSR loan with Co/LAB Lending. Because there is no need to occupy the house you’re improving, it’s perfect for vacation homes and investment properties. The list of eligible renovations is extensive and the stipulations are simple: the improvements must add value to the home and must be affixed to the property.
I need money
to buy my second house
Home Equity Loan
I want a loan with
no down payment
I am a service member
the lowest interest rate
Schedule Your FREE
Mortgage Consultation Today!
Talk to a Co/LAB Lending Loan Officer to discuss your mortgage options. Our team is happy to answer your questions and help guide you to the perfect mortgage options.
Are You Ready To Apply and
Find Out If You Qualify?
Take the first step and apply now. Getting started is easy and it only takes a few minutes. Once completed our team will deliver a decision in less than 48 hrs.
Have questions? Still not sure what loan is right for you?
One of our experienced licensed loan officers will answer all your questions and help you find the perfect loan.