St Louis Lenders provide a variety of loans and financing including home mortgages, auto loans, personal loans, commerical and business loans as well as a variety of other loan products. Many lenders specialize in a particular facet of the loan business so it is best to check around, seek referrals, and find the lender that best suits your needs.
St Louis Lenders that provide home loans may provide conventional mortgages including Fannie Mae loans, FHA loans, VA Loans or even reverse mortgages and second deeds of trust.
St Louis Mortgage Companies provide a variety of home loans to finance the purchase of home or to refinance an existing home mortgage. While not all St Louis mortgage companies lend on all types of real estate and purchases, the majority make loans on single family homes, town homes, villas, condominiums and small multi-family properties. Some mortgage companies also make loans for new construction, rehab, lots and land.
Over the past few years, reverse mortgages have become very popular among seniors as a way to pull equity from their home without selling their home. Many lenders make reverse mortgages and some actually specialize in them. Other mortgages that some lenders will make would include 2nd loans, or second deeds of trust, home equity loans and remodeling loans.