New Horizon Mortgage Concepts thrives on helping our Customers obtain the type of Financing that best addresses their individual and unique requirements. Being a Mortgage Broker allows us to match the many Financing Products we represent with our Client’s specific needs and desires…thereby ensuring that we can offer all of our Customers a Lending Option.
The types of Loan Products we offer include Conventional Financing (i.e. Programs backed by Fannie Mae and Freddie Mac) as well as all of the available Government Programs such as FHA, VA, USDA and Reverse Mortgages (HECM). These Programs are insured by the Federal Government (to varying extents) and that is generally reflected in the lower Interest Rates associated with these Programs. In addition, Government Loan Products tend to be a little more forgiving with regard to Credit Score requirements. We also have access to “Private Investor” Financing for those Scenarios that fall outside of the Conventional and Government Guidelines.
Over the course of our many years of providing Home Financing in California, New Horizon Mortgage Concepts has come to specialize in two important Lending Genres…Manufactured / Mobile Homes and Home Equity Conversion Mortgages…also known as Reverse Mortgages. You’ll find in depth information about both of these below and throughout our Web Site.
Changes to the Property Value could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
You can change the property value by moving the Property Value slider up or down or by entering a new Property Value manually in the Property Value box.
When you change the Property Value, only the LTV will change, and the Loan Amount will remain the same Loan Amount.
Other advanced sliders’ options are available with Lendersa® Advanced Calculator
CloseChanges to the loan amount, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
CloseLTV is the abbreviation of Loan To Value, and it is the ratio between the Loan Amount and the Property Value. The formula to calculate LTV is Loan Amount divided by the property value. 
Example: Loan Amount $300,000, Property value $400,000 
Changes to the LTV, even so slightly, could change the results in a significant way. Lendersa® sliders allow you to make fast changes to explore your financing options.
The Loan Amount Slider
Change the Loan Amount by moving the Loan Amount slider. (The LTV will change, and the Property Value will remain unchanged).
The LTV Slider
Change the Loan Amount by moving the LTV slider. (The Property Value will remain unchanged).
Other advanced options are available with Lendersa® Advanced Calculator
Close
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NMLS 1795154