Ameristar Mortgage: Illinois Home Loans, Wisconsin Home Loans, Chicago Loans, Milwaukee Mortgage, Madison Home LoansAmeristar Mortgage, your local Illinois and Wisconsin mortgage broker, offers first time home buyer, 80/10/10, 80/15/5, cash out refinance, jumbo loans, construction, lot loans, no money down, refinance, 100% financing, interest only, stated income stated asset, investment, my community mortgage, Fannie Mae flex 100, jumbo VA loans, Freddie Mac home possible, FHA mortgage, VA loans and rural housing loans. Visit us online at http://www.ameristarmadison.com or contact us toll free at...Illinois and Wisconsin Mortgage Rates as of 07102008 10:04 AM CST : Current Mortgage Rate Trend: steadyimproving- (Found July 11, 2008 ) 30 Year fixed: 6.375% (6.439% APR) 15 Year Fixed: 5.875% (5.979% APR) 31 Jumbo ARM: 6.375% (6.445% APR) 51 Jumbo ARM: 7.000% (7.073% APR) 51 ARM: 5.875% (5.937% APR) 31 ARM: 5.750% (5.811% APR) 30 Year FHA and VA: 6.500% (6.683% APR) 30 Year Rural Housing:...http://www.ameristarmadison.com/current_rates/index.htm Illinois No Money Down Mortgage Loans Wisconsin No Money Down Mortgage Loans (100% Financing)- (Found July 11, 2008 ) Loans that finance the full purchase price, and thus do not require a down payment, are called "100% financing loans". 100% Financing loans are also referred to as "no money down loans". Ameristar offers the following 100% financing programs:http://www.ameristarmadison.com/100percentfinancing_no_money_down/index.htm Illinois Lender Paid Mortgage Insurance Wisconsin Lender Paid Mortgage Insurance Loans (LPMI)- (Found July 11, 2008 ) Lender Paid Mortgage Insurance (LPMI) is available on Conforming 30 and 40 Year Fixed products giving you the simple path to financing your home loan.http://www.ameristarmadison.com/lender_paid_mortgage_insurance/index.htm Illinois Less than Perfect Credit Wisconsin Less than Perfect Credit (no credit, poor credit) BC or Subprime Loans- (Found July 11, 2008 ) We have a variety of programs tailored for borrowers that have a less-than perfect credit history. Many potential homebuyers come to us after they have been turned down elsewhere, and often by numerous lenders. The primary difference between Ameristar Mortgage and other lenders is that we view low credit scores, low income, low home equity, and marred credit histories simply as unique challenges rather than impossible obstacles.http://www.ameristarmadison.com/less_than_perfect_credit/index.htm Illinois New Construction and Lot Loans Wisconsin Construction and Lot Loans: Refinance and Purchase- (Found July 11, 2008 ) Finance up to 95% with a construction loans and up to 90% on a Wisconsin Illinois lot loan. Ameristar Mortgage also offers a cash out refinance lot loan. Purchase a new lot or refinance you current lot mortgage loan.http://www.ameristarmadison.com/construction.htm Illinois My Community Mortgage and Wisconsin Fannie Mae My Community Mortgage Loan (MCM)- (Found July 11, 2008 ) My Community Mortgage (MCM) is a Fannie Mae program that has very flexible credit guidelines for low to moderate income borrowers. It is available to purchase or refinance a single-family home, condominium, or a 2 to 4 family home.http://www.ameristarmadison.com/wisconsin_illinois_my_community_mortgage/index.htm Illinois Flex 100 Flex 97 Wisconsin Flex 100 Flex 97: One Conventional Fannie Mae 100% or 97% Financing Mortgage Loan- (Found July 11, 2008 ) Get a conventional 100% loan with only $500 down. With the Flex 100 Program, you can get more house for less out-of-pocket costs. If you have not accumulated the assets to meet traditional financial requirements, this program may be for you.http://www.ameristarmadison.com/wisconsin_flex_100/index.htm Illinois Government Loans and Wisconsin Government Insured Home Mortgage Home Loans- (Found July 11, 2008 ) If you are looking to make no or low down payment or if you are a veteran, the government may be able to help you with a no money down purchase or refinance! Check out these great programs: FHA loans, VA loans and Rural Housing loans:http://www.ameristarmadison.com/government_loans/index.htm Illinois 8020 Wisconsin Combo 80-20, 75-25, 80-15-5 and 80-10-10 Mortgage Loan- (Found July 11, 2008 ) 8020 mortgage loans sometimes called a Piggy-Back loan, is a program designed to help Borrower's purchase a home with 0% down while avoiding Mortgage Insurance. An 8020 loan is actually 2 mortgage loans, a 1st mortgage (at 80% of the value of the home) and a 2nd mortgage (at 20% of the value of the home.)http://www.ameristarmadison.com/combo_80_20_mortgage_loans/index.htm Illinois No Ratio Wisconsin No Ratio Mortgage Loan- (Found July 11, 2008 ) Ameristar Mortgage Wisconsin and Illinois offers No Ratio mortgage loans - Low Doc Mortgage - Great for self employed or W2 employees who cannot document income but can verify assets and employment history...http://www.ameristarmadison.com/wisconsin_illinois_no_ratio_mortgage/index.htm |