Our Services

Loan Programs

Fixed-Rate Mortgages (FRM)

A popular loan type, conventional fixed rate loans feature a constant interest rate. This type of loan is ideal for homebuyers who prefer fixed monthly payments. Predictable, no surprises - month to month, year to year, the rate you pay at the beginning is the same you pay at the end of the life of the loan, no matter how long from now. Due to this predictability, FRM rates are generally higher than adjustable-rate mortgages. Thus, FRMs are ideal for most homeowners who are looking to stay in a home for a long period of time, since you don't run the risk of the housing market rates rising up over time.

Common FRM loan programs include the 15-year fixed-rate mortgage and the 30-year fixed-rate mortgage.

At Centurion Funding Group, we put the borrower first. Wondering what loan types and programs are best for you? Contact one of our loan experts today for a quick pre-qualification to learn more.

Close

Loan Programs

Adjustable-Rate Mortgages (ARM)

Another popular loan type, ARMs feature an interest-rate that changes throughout the life of the mortgage after an initial period with a fixed-rate. Typically features lower initial payments and flexible payment options, though runs the risk of increasing interest rates each year depending on the market. This type of loan is a good option for homebuyers who are looking to save money in the short term, and planning to move houses in a few years.

A common ARM loan program is the 5/1 ARM Loan, which carries a fixed interest rate for the first 5 years then begins to change each year.

At Centurion Funding Group, we put the borrower first. Wondering what loan types and programs are best for you? Contact one of our loan experts today for a quick pre-qualification to learn more.

Close

Loan Programs

Government-Insured Loans

Government-Insured Loans are loans that are guaranteed by the federal government. The government will insure the lender against any losses if a borrower defaults. Loan programs that are not government-insured are classified as conventional programs. There are three different government-insured loan programs:

FHA Loans

A loan program provided by the Federal Housing Administration (FHA), managed by the department of Housing and Urban Development (HUD). FHA loans are designed for low-moderate income borrowers. They feature lower down payments and credit score requirements, but require higher monthly payments due to the cost of mortgage insurance. FHA loans are a good option for all types of borrowers, not just first-timers.

VA Loans

A loan program provided by the US Department of Veterans Affairs (VA) available to military members and their families. Borrowers can receive up to 100% funding for the purchase of a home, with zero down payment. Learn More: VA Loan Eligibility Requirements.

USDA Loans

A loan program provided by the US Department of Agriculture (USDA). USDA loans are available to residents of rural communities with lower incomes, who otherwise have trouble receiving housing funds through conventional programs. Learn More: USDA Loan Eligibility Requirements.

At Centurion Funding Group, we put the borrower first. Wondering what loan types and programs are best for you? Contact one of our loan experts today for a quick pre-qualification to learn more.

Close

Loan Programs

Commercial Lending

We provide mortgage loans for acquiring, refinancing, or redeveloping commercial property. Commercial property is defined as income-producing property, such as office buildings, apartment complexes, warehouses, and more. Here are a few of the commercial lending programs we provide:

SBA Loans

SBA Loans are loans guaranteed by the Small Business Association (SBA) for purchasing or refinancing commercial properties. This government agency guarantees up to 85% of the loan amount through an SBA-approved lender. SBA Loans features low down payments and reasonable interest rates, though usually have longer approval times.

Apartment Loans

We provide many different short and long-term loan programs to finance the purchase and/or renovation of an apartment building. Contact us to learn more about our requirements and standard structures.

At Centurion Funding Group, we put the borrower first. Wondering what loan types and programs are best for you? Contact one of our loan experts today for a quick pre-qualification to learn more.

Close

Loan Programs

Conforming Loans

Simply put, a conforming loan is a loan with a loan amount of less than the current conforming limit of $484,350 (as of 2019). Conforming loans also must meet the underwriting requirements established by Fannie Mae and Freddie Mac, which includes income and credit requirements. Conforming loans are more appealing to investors, and tend to carry lower mortgage rates. Loan programs that exceed the conforming loan limit are known as Jumbo Loans. Learn More: Conforming Loan Limits (2019)

At Centurion Funding Group, we put the borrower first. Wondering what loan types and programs are best for you? Contact one of our loan experts today for a quick pre-qualification to learn more.

Close

Loan Programs

Jumbo Loans

A jumbo loan is a loan with a loan amount of larger than the conforming loan limit set by Fannie Mae and Freddie Mac (which is currently $484,350 as of 2019). The underwriting criteria of jumbo loans are more strict, due to the increased risk of higher loan amounts. Jumbo loans potentially require higher down payments, higher interest rates, and higher closing costs and fees. Learn More: Conforming Loan Limits (2019)

At Centurion Funding Group, we put the borrower first. Wondering what loan types and programs are best for you? Contact one of our loan experts today for a quick pre-qualification to learn more.

Close