Hallo…
I’ve got a couple of questions about Cross Country Mortgage (CCM) and could use some help. First, does anyone know how their 15% down, no PMI program works? Like, is the mortgage insurance just rolled into the loan in some way, or does it affect the interest rate?
Also, does anyone have any idea what their fees are for a bridge loan if I’m waiting to sell my house? The loan officer I spoke with didn’t really explain it well, so I’m hoping to get some clearer info.
Regards…
If you already have a mortgage, you can cash out equity, decrease your loan term, or get a lower interest rate by refinancing .Loans used to finance the building of a new home are known as construction loans.
These are the most prevalent kind of mortgage loans, supported by either the Department of Veterans Affairs (VA) or the Federal Housing Administration (FHA).
These are loans for more expensive homes that go over the conforming loan limits that Freddie Mac and Fannie Mae have established.
You can borrow 
against the equity in your house with these revolving credit lines.
A range of loan packages are available from Cross Country Mortgage (CCM) to accommodate various needs and financial circumstances.