Loan Programs

With so many different loan programs available from fixed rate to adjustable rate to negative amortization, the loan process can be an overwhelming experience. Taking the time to find the right advisor that understands your unique needs can save you thousands of dollars in the long run. By asking yourself a few questions, you can help narrow your search among the many options available and discover which loan suits you best:

  Do you expect your finances to change over the   next few years?


  Are you comfortable with the idea of a changing   mortgage payment?


  Do you wish to maximize cash flow and minimize   your mortgage payment?


  Do you plan to live in your home for a long period   of time or sell in the next few years?

Purchase Loans

Purchasing a home can be a rewarding experience, however it can also be frustrating if you do not know how much home you are qualified to purchase. Before taking the time to shop for your dream home, we urge you to get pre-qualified. This takes some of the guesswork and uncertainty out of an already stressful process.

Whether you are a first-time homebuyer, or you are purchasing a new or second home, we have a wide array of loan programs to meet your unique needs. In addition to the peace of mind that comes with owning your own home, there are several advantages and disadvantages to home-ownership. Call us today to speak with an Advisor to find out what loan programs will meet your goals. We offer:

· 100% Financing
· Stated income to $25 million
· Pledged asset loans
· Government backed loan programs

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We work with over 150 wholesale lenders and get pricing discounts based on our volume. This gives us the ability to provide our clients with the lowest possible rates with the most favorable terms. Lowering your interest rate may be your main reason for refinancing your current loan, but there are other reasons to consider refinancing: Maybe you wish to pay off your mortgage earlier; or need to pay off some higher interest rate debts; or have been thinking about consolidating your 1st and 2nd mortgages into a single, lower rate loan.

Whatever your reasons, our Advisors are willing to take the time to listen to your needs and plan a strategy that meets those needs. So contact us today to receive a free, no-cost loan analysis. Our highlighted programs include:

· Debt consolidation refinancing
· Cash out refinancing up to 100%
· Pledged asset refinancing
· Home equity lines of credit

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Equity Loans

A home equity loan may be a good choice if you already have a low rate on your first mortgage, but need to pay down higher-interest debt, take a vacation or help pay for college. You can lock in a fixed rate, maturity and payment. The interest may be tax deductible.*

A home equity line of credit (HELOC), gives you the flexibility to use the money whenever you need it and works as a revolving line of credit. A HELOC works best in situations where financing may be needed on more than one occasion, such as financing business expenses or college tuition. Details include:

· Revolving line of credit
· The interest rate is variable
· Interest is charged only on what you draw
· The interest may be tax deductible*

* Consult your tax advisor for details on the tax deductibility

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Equity Key

If you are over the age of 65, the Equity Key program gives you the opportunity to receive debt-free cash without risking any of the existing equity in your home.

Your payments are based on the projected future appreciation of your home and you never have to pay back any of the money that you receive, so long as you keep up your end of the bargain, by abiding by a few simple requests. In exchange for cash today, Equity Key participates with you in the future appreciation of your home. Equity Key is not a debt and will never touch your existing equity. Find out how much you may qualify to receive.

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With over 150 residential lenders and a broad network of private and institutional investors, Zara Capital provides access to some of the country’s most aggressive super jumbo investors, with few limitations on loan size or loan program. Our core strength lies in our ability to leverage our investor network to match a client’s loan criteria with each investor’s particular guidelines to quickly and efficiently finance loans that a traditional lender may have difficulty funding on their own.

Our Advisors place a strong emphasis on understanding the unique needs of each client early in the planning process, while always maintaining the highest standards of confidentiality. A customized strategy is then mapped out to meet those needs in the most efficient, cost-effective manner possible. Planning, diligence, and attention to detail are an important part of any successful long-term strategy, at Zara Capital they are an important part of our corporate culture. Current guidelines include:

· 75% CLTV | Stated income verified asset to $25 million
· 85% CLTV | Full documentation to $4 million
· 90% CLTV | Full documentation to $2 million
· 95% CLTV | Pledged asset loans to $10 million +

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We work with some of the largest home construction lenders in the country, which allows us to offer our clients a broad array of construction loan programs and services. Many of our clients choose a “one-time close” loan or what is also known as a “construction-to-permanent” loan. The one-time close loan process is similar to the process of a typical home purchase or a refinance transaction. However, unlike a purchase transaction for an existing home, a one-time close loan requires determining the future value of a home that has not yet been built.

The one-time close loan offers the flexibility to lock in the interest rate of the permanent loan prior to construction with a “float-down” feature. This feature allows you to take advantage of a lower interest rate on the permanent financing should rates fall during the construction period. During the construction period, interest is charged only on the funds that have been disbursed. When the project is completed, the permanent loan period begins. Highlights include:

· No payments during construction period
· Second home and vacation home financing available
· Fixed and adjustable rate programs
· Pay only one set of closing costs
· Flexible draw schedules
· Online access to construction funds

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We offer a range of products for all of your financing needs. Whether you need to purchase, refinance, or take cash out of a building, we have a program that will fit your needs. We are also able to finance construction and land deals in most situations. Our programs include commercial loans for mixed-use, retail, self-storage, light industrial, multi-tenant office, special use and owner occupied properties. Commercial programs include:

Maximum loan to value ratios of:

· Multi-Family: Up to 80% (70% cash out)
· Commercial: Up to 75%
· Special use: Up to 65%

Pledged asset loans allow you to finance 100% of the purchase price of your home without selling or liquidating assets in your investment portfolio. There is no requirement for a down payment as the home and a percentage of the value of your investment account is used as collateral. Pledged asset loans can also be used to refinance an existing property and convert existing home equity to cash for investment or other purposes. Pledged asset loans give you the flexibility to:

· Avoid capital gains taxes by pledging securities instead
  of liquidating securities *

· Eliminate the need for private mortgage insurance (PMI)

· Maximize investment portfolio return by remaining fully   invested

· Maintain control of investment portfolio decisions while   assets are pledged

* Please consult your tax advisor for more information

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