Loans Information & Useful Tools

Browse all loan types
There are various loan types for your specific needs. Browse all loan options that fit your goals.
Calculators
If you are wondering how much you will pay each month based on your numbers
Latest rates
Look at the latest rates and see if it's time for your to move forward with a home purchase or refinance
Looking to sell your home?
Contact us if you want to sell your property or if you want to sell and buy a new dream home.

All Loan Options

30-year fixed
A loan that takes longer to pay off but lowers your monthly mortgage payments
Home Equity
Allows you to cash out your home equity to use towards home improvements projects.
15-year fixed
A shorter loan term means higher monthly mortgage payments, and the less interest paid over time.
FHA Loan
This loans requires you to put down 3.5% to purchase a home. 
DSCR Loan
For investors looking to invest on a property based on property income rather than personal financial information.
Adjustable-Rate Mortgage
Starts with a fixed interest rate for a few years that could be lower than other loans. Rate then adjusts every 6 months.

Non Qualified Mortgage Rates

Mortgage Calculators

Amortization Calculator This calculator estimates your monthly payment amount each month for the length of the loan.
DSCR Calculator This calculator helps you determine your Debt Service Coverage Ratio.
Mortgage Qualification Calculator This calculator helps you determine how much you can borrow based on your income, debts, and other financial information.

Prepare to apply for a mortgage

Use this checklist to make sure you are ready to apply for a mortgage loan with Progress Funding.
Set a budget
Create a budget based on a monthly payment you can actually afford.
Review your credit score
Your credit score will determine your interest rate and loan options.
Know your loan options
Learn about all your loan options and determine which one best fits you.
Determine your down payment
Find out how much you need to put down as down payment towards your new home.
Improve your DTI
Your debt-to-income ratio is a good indicator of how much you can afford.
Prepare your paper trail.
Speak to us to learn which forms you need to fill out to start a mortgage loan application.

Ready to take the next step?

If you are ready, start your mortgage application now