loan options
other services
Jumbo Loans (Specialty area)
Jumbo loans are for homes that exceed conventional loan limits—and they require a higher level of expertise. When you’re buying at this level, details matter. A big part of a successful jumbo purchase is value support. Any home—especially a high-price one—must be backed by solid comparable sales. For example, if you’re purchasing a $1.5M home that’s 4,000 sq ft with 5 bedrooms and 6 baths, there need to be recent sales of similar-sized, like-quality homes to support that price. If the comps don’t line up, deals can stall or fall apart. This is where experience makes the difference. At Amy Bonis Mortgage, jumbo loans are a specialty. We know how to structure them, anticipate appraisal and underwriting challenges, and guide clients through the nuances that come with high-balance lending. We offer excellent jumbo rates, strong lender options, and the strategy to get complex deals closed smoothly. Not every lender can do jumbo loans well.
This is where Amy Bonis shines. Rehab Loans
Over the last few years, there has been an increase in the number of distressed properties that have hit the market. These properties, foreclosures, short sales, REO’s, HUD properties are potentially really good deals, but many buyers are unable to get traditional bank financing. The idea is to buy the property at a discount, fix the property up so that your new appraised value, after renovations, is higher than the total money you have into it. Rehab loans are a tool you can use to bridge the gap between potential and the final product.
learn more…
USDA Rural Development Loans
These loans are specifically designed to improve the quality of life in rural areas by promoting homeownership, but many of the areas eligible for USDA house loans are not as rural as you might think! USDA loans can also be layered and combined with other programs like down payment assistance. Read on to explore the advantages of this loan program to determine if it may be a good fit for your new home purchase.
learn more…
FHA Loans
FHA loans are not just for first time buyers! They are wonderful loan programs that allow very little down payment, high debt ratios, low mortgage insurance (even with lower credit scores), cosigners, gifts, quick easy streamline refinances. In general, they are more lenient than other loan programs, have no income limits, and you CAN own other properties. FHA is used for primary residences but they can also be used for multi units.
learn more…
VA Home Loans
Thank you for serving! Go Prime is veteran owned and operated and we excel at doing any Gov’t loan. The VA home loan program, was established as part of the original GI Bill in 1944. It was created to support veterans returning from World War II by making homeownership more accessible. Today, this program continues to empower veterans, active-duty service members, and eligible reservists to purchase a primary residence with uniquely favorable terms.
learn more…
Fixed Rate Mortgage Loans
A fixed-rate mortgage loan is a home loan with an interest rate that remains constant throughout the life of the loan. This means that your monthly principal and interest payments will stay the same from start to finish, offering a sense of financial security. However, note that if your payment includes escrows (homeowners’ insurance and property taxes), those amounts may vary due to changes in coverage or municipal tax rates.
learn more…
Conventional Home Loans
A conventional mortgage is a home loan that typically follows underwriting standards set by Fannie Mae and Freddie Mac, two government-sponsored enterprises that help maintain stability in the housing market. They can be used to finance primary residences, second homes, or investment properties. Because of their versatility, competitive interest rates, and broad eligibility criteria, they are among the most popular home financing options in the U.S.—especially for borrowers with strong credit and financial stability.
learn more…
2-1 Buy Down
If you’re in the market for a new home but are concerned about high mortgage rates, a 2-1 buydown mortgage loan could provide the relief you need. This financing option temporarily lowers your interest rate for the first two years of your loan but since the rate is fixed, is more stable than an adjustable rate loan. The buydown significantly lowers your monthly payments and makes homeownership more affordable from the start.
learn more…
Private Mortgage Insurance (PMI)
Private Mortgage Insurance (PMI) is a supplemental insurance policy often required for conventional mortgages when a buyer makes a down payment of less than 20%. Historically, purchasing a home required a 20% down payment, which limited access to homeownership for many buyers. PMI was introduced to bridge this gap, enabling buyers to secure a mortgage with a smaller upfront investment.