| Mortgage

Some of our many available mortgage programs…

Adjustable Rate Mortgages

Initial Rate Fixed for Up to 10 years, or as low as 1 year
Lower rate than Fixed Rate Program allows higher price and loan qualification
Future rate changes limited by fixed and predetermined interest rate caps
Extended Loan Terms

FHA Mortgage Loans

Lower down payment requirements
Easier qualifications for certain parameters
Fixed or Adjustable Rate Terms available

Fannie Mae and Freddie Mac Mortgage programs

Conventional loans backed by Fannie Mae, Freddie Mac and FHFA
Fannie Mae specialty programs available like HARP and Open Access

Fixed Rate Mortgages

The interest rate is fixed for the life of the loan
The principal and interest payment never changes
The shorter the loan term the faster equity is built up in the property
Prepaying loan principal will shorten the loan term

No Closing-Cost Refinance Program

Avoid having to pay mortgage costs
Quicker loan process and approval
Fixed or Adjustable Rate Terms available

Jumbo Mortgage Program

Choice of either a Fixed or Adjustable Rate Mortgage Loan
Loans up to $10,000,000 at very competitive terms

Mini-Jumbo Mortgage Program

Avoid paying “jumbo rates” with our mini-jumbo program

Agency Jumbo and High Balance Conforming Loan Program

Avoid paying “jumbo rates” with our extended conforming program

No “PMI” Mortgage Loan Program

Eliminates Mortgage Insurance with as little as a 5% Down Payment
Available on single family properties, 2-4 units and condominiums
Choice of either a Fixed or Adjustable Rate Mortgage Loan

First Time Homebuyer Program

Discounted Closing Costs
As little as a 3.5-5% Down Payment requirements
Certain terms and restrictions required

Home Equity Lines of Credit & Second Mortgage Loans

Large loan amounts permitted
Investment Properties and Second Homes OK
Minimum equity requirements apply
Fixed Rate Conversions options

Investment Properties

Aggressive Loan Options
Cash Out Refinancing
Home Equity and Second Loans

Bridge Loan – Short Term Funding

Short term Bridge Loans
Consolidate Debts and Fix Your Credit Score
Use proceeds for Business or Real Estate investment
Finish Construction or Renovation project

Specialty Mortgage Loans

- See our expanded “Specialty Mortgage” Programs

Please Complete This Form To Get In Touch With Shmuel

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Shmuel Shayowitz (NMLS#19871) is a highly regarded Real Estate & Finance Executive, Writer, Speaker, Coach, and Advisor. As the President and Chief Lending Officer of Approved Funding, a leading national mortgage banker and direct lender, Shmuel has facilitated over $3 billion of mortgages over the past two decades plus. His market insights and experience are highly sought after in the real estate, finance and coaching industries. Additionally, Shmuel is a seasoned real estate investor and property manager, facilitating thousands of rentals nationwide.

Shmuel has over twenty years of advanced industry experience, holding numerous licenses and accreditations, including certified mortgage underwriter, licensed real estate agent, residential review appraiser, accredited real estate investor, just to name a few.

Over the past decade Shmuel has become a popular financial, personal and business coach working with such organizations as The Jewish Entrepreneur (TJE), Living Smarter Jewish, the Orthodox Union, several Chamber of Commerce, many Realtors associations, plus a myriad of others.

Obtaining his real estate license at the age of 18, Shmuel has successfully navigated through many changing markets and business landscapes, making his market insights and experience well coveted within the real estate industry.

Within the mortgage industry, Shmuel has achieved recognition as a Certified Mortgage Advisor, a distinction earned by only the top 1% of the industry. Some of Shmuel’s many awards include Forbes and NJ Monthly Five-Star Mortgage Professional, The Jewish Standard “Mortgage Lender of The Year,” and Most Connected Mortgage Professional, as well as many others.

Shmuel utilizes his passion for education as a contributing writer, industry speaker, coach, and advisory board member. His articles have been published in Entrepreneur Magazine, where he is a featured Leadership Network Contributor. He is also a member of the Forbes Real Estate Council since 2019. His real estate and financial insights have been featured in CNBC, Forbes, Fox Business, USA Today, The Bergen Record, Realtor.com, TheStreet.Com, Entrepreneur Magazine, and countless mortgage industry publications. Shmuel has been a weekly contributing writer at the Jewish Link, one of the largest Jewish publications, since 2015.

Shmuel resides in Bergen County, New Jersey, with his wife Esther and their five children. They are highly involved in their community and passionate about participating in organizations and services that can benefit from their time and expertise.

Please Complete This Form To Get In Touch With Shmuel