Find the Right Loan for You
360 Lending, LLC offers a variety of loan programs to fit your needs.
Debt Consolidation/Cash Out
Debt consolidation is the replacement of multiple loans with a single loan, often with a lower monthly payment and a longer repayment period. A debt cash out allows customers to draw equity out of their property in the form of cash. (Term: 30 years, Maximum Amount: $6,000,000)
Investment/Second or Vacation Home
An investment property is used for rental purposes, or is bought to be renovated and resold to gain a profit. Second homes and vacation homes are exclusively for personal use, not for renting. (Term: 30 years, Maximum Amount: $6,000,000)
Refinance
Refinancing refers to the repayment of a mortgage with another mortgage. Homeowners typically refinance to take advantage of lower interest rates or to transform equity into cash. (Term: 30 years, Maximum Amount: $6,000,000)
FHA 203(b)
FHA 203(b) is a basic home mortgage program for the purchase or refinance of a primary residence. The program provides financing up to $420,680 and requires that buyers have a minimum credit score of 620 and put a minimum of 3.5% down. Learn more
FHA 203(k)
FHA 203(k) is a home mortgage program that enables home buyers to finance both the purchase of a home and the home’s renovations through a single mortgage. The program also allows homeowners to refinance their existing home as well as finance renovations through a single mortgage. Borrowers with a minimum credit score of 620 can streamline up to $35,000, or secure a standard loan up to $50,000. Learn more
USDA Loans
This program helps make homeownership a reality for low to moderate-income families living in rural areas. Borrowers with a minimum credit score of 640 receive 100% financing. Learn more
VA Loans
VA loans are available to active military service members, veterans, and eligible surviving spouses. These loans provide 100% financing up to $715,000 and require a minimum credit score of 620. Learn more
Conventional Loans
Single-family homes, duplexes, 2-4 unit properties, condominiums, and townhouses are eligible for conventional loans. Buyers with a minimum credit score of 680 must put a minimum of 5% down and can receive financing up to $715,000. The 5% down payment may be gifted to the buyer.
Jumbo Loans
Jumbo loans are designed to finance the purchase of luxury properties and homes and are typically used by qualified homebuyers seeking a loan amount greater than the conforming loan limit in their area. In most of the country, the loan amount for jumbo loans exceeds $715,000, and the buyer must have a minimum credit score of 700.