Avance Financial
AVANCE LENDING SOLUTIONS
Avance is constantly connecting with new banks and investors to be able to provide lending to all of our clients. We focus on helping you find the right solution for your needs. Our Mortgage Loan Originators can help you weigh your options so you can make a well informed decision.
RESIDENTIAL
We are here to make the home loan process easier, with tools and knowledge that will help guide you along the way, starting with a pre-approval letter request. We will help you clearly see differences between loan programs, allowing you to choose the right one for you, whether you’re a first-time homebuyer, repeat buyer, or looking to refinance.
COMMERCIAL
Avance Financial is a commercial mortgage broker that aims to connect borrowers interested in multifamily, industrial, commercial, mixed-use, and other commerical real estate types to lenders that are tailored to their financing requirements. Our experienced commercial real estate loan brokers have the flexibility to work with firms, partnerships, trusts, LLCs, Corporations, Estates, and more.
CONSTRUCTION
Building a home is a journey. Whether you’re selecting the perfect lot, building a new home or both, Avance Financial can provide the financing you need to get started. Our knowledgeable lending team is experienced in the construction process and will work with you to get pre-qualified, understand the realities of your budget, create a financial plan and guide you through the phases of funding your custom home.
RENOVATION
As time passes, what you want and need from your home may change. Whatever your unique goals are, you can use a renovation loan to make your dream improvements a reality. FHA 203(k) and HomeStyle® Renovation loans are backed by the federal government, and are a great loan option for those who want to purchase a home and perform upgrades, repairs, remodel or customize to their needs and wants.
DOWN PAYMENT ASSISTANCE (DPA)
As down payment assistance in the form of a forgivable grant, DPA is available for a wide range of eligible borrowers. The grant is equal to either 2% or 3.5% of the home price on eligible FHA purchases and could help qualified borrowers purchase a home sooner than they thought! The grant can be used in conjunction with many FHA loan programs, like the FHA 203(b) program and many FHA renovation programs, as well as the FHA One-Time Close loan, combining construction costs and the mortgage into a single loan.
Mortgage Broker Lending
Getting a mortgage is one of the biggest — and most exciting — financial decisions you’ll make in your life. It’s also one of the most complex, so it’s important to understand what to expect from the process. At Avance Financial, we want to make sure that you have the information you need to make an informed decision.
Mortgage broker lending is when a bank or lender hires a third-party company (called a mortgage broker, us) to help them find qualified borrowers who qualify for their programs. The borrower works directly with their lender through their website or mobile app, rather than going through a bank branch location or call center.
Avance Financial works with variety of lenders across all sectors of finance to bring the best lending solutions to clients.