Waterstone Mortgage provides residential mortgages that help people realize their dreams of owning a home. They offer a wide variety of loan products, and they are committed to matching each client with the loan that best suits their needs.
About Waterstone Mortgage
This mortgage company has been providing clients with high-quality loan products since 2000. Competitive financing rates have allowed Waterstone Mortgage to grow into one of the country’s largest providers. They are a subsidiary of WaterStone Bank. This means that Waterstone Mortgage can give clients the assistance of an independent mortgage banker while also providing them with the financial clout of a major bank. This ensures that Waterstone Mortgage is a trustworthy, honest mortgage financier.
The Types of Loans Offered By Waterstone Mortgage
This mortgage provider is distinguished by their many mortgage options. Waterstone employees can help clients differentiate between the different loan products.
Fixed Rate Mortgages are one of the most popular products offered by Waterstone. These allow homeowners to decide on a specific interest rate and payment, and then stick to these rates for the duration of their loan. This is an ideal option for potential homeowners looking for stability. For clients who want lower initial payments, Adjustable Rate Mortgages may be a better option. These mortgages may be subject to rate adjustments in the future.
Some homeowners may want to refinance, but find themselves unable to use traditional methods because of a decrease in total home value. In this case, Waterstone’s Home Affordable Refinancing Program may be a good option. It is designed to assist homeowners in this circumstance. Waterstone also offers Jumbo Loans. These big loans for big dreamers provide admirable rate security.
People looking to make a purchase in a rural area might want to consider the company’s Rural Development Loans, and veterans should make use of the money-saving VA Loans. If you’re looking to buy a fixer-upper, the FHA 203(k) Streamline Loan might be for you. It gives homeowners the money they need to cover the cost of repairs. Reverse Mortgages are yet another helpful Waterstone product. These mortgages give homeowners the ability to transform their home equity into usable funds.
The various Waterstone mortgage products serve various financial needs and situations. The product you choose is dependent upon whether you’re looking for a low down payment, rate security, flexible credit guidelines, or a combination of all three. Check out this loan comparison page to learn more about the options.
Waterstone Mortgage Reviews
Waterstone Mortgage is accredited by the Better Business Bureau. The company was awarded an A grade by the bureau, which means that they received very few complaints from their clients. You can read Waterstone’s full business profile here.
Waterstone Mortgage is a trustworthy, reliable mortgage provider. If you are looking to purchase a new home or refinance an existing residential property, Waterstone will likely be able to find you rates and products that suit your financial situation.