Founded in 1998 in Fort Worth, Texas, Cendera Funding is one of the thriving mortgage bankers that has helped thousands of customers in fulfilling their homeownership dreams. Today, the company originates, processes, underwrites, closes, funds and services its own loans.
Whether you are a first-time homebuyer or an existing homeowner looking for refinancing options, Cendera has a number of mortgage programs to meet your needs. The experienced mortgage officers of the company will work with you in finding the right mortgage option that suits you.
Cendera Funding Mortgage Programs
A large number of homebuyers have realized their homeownership dreams with the help of Cendera Funding, and you can get a mortgage program tailored to your needs. The companyprovides a complete range of mortgage options featuring competitive rates and affordable repayment terms. Some of the common mortgage programs offered by Cendera are discussed below.
Fixed rate mortgages are very popular among first-time homebuyers and these lending options offer fixed interest rate and fixed monthly payments for the entire loan period. In other words, the payment amount remains the same and it offers stability to the borrowers. The best thing is that the interest rate never changes even when the market rate goes up.
For those borrowers who find fixed rate loans to be a little expensive, adjustable rate mortgages are what they need. An adjustable rate mortgage offers variable interest rate and monthly repayments that are usually based on the changes in the market conditions. The interest rate will be fixed for an initial set period, after which, the interest rate is adjusted according to the market rate. This loan program is ideal for borrowers who expect an increase in their income in future.
FHA loans are designed to help first-time homebuyers and low and moderate income families fulfill their homeownership dreams. These FHA insured mortgages are available for single and multi-family homes and they offer several benefits such as low down payment, minimal closing costs, flexible credit- qualifying guidelines, no income limits, and higher debt ratios permitted.
Insured by the U.S. Department of Veterans Affairs, VA loans are made available to military veterans, active-duty members, National Guard members and surviving spouses. The best thing about a VA loan is that you can use the loan amount to buy a home, build, improve or repair a home, or even refinance and existing mortgage. The key features or VA loans include; little or no down payment requirement, easier qualification requirements, competitive interest rates, and no private mortgage insurance requirement.
Cendera Funding Mortgage Customer Service
The company operates a mortgage service center to assist those customers who are in need of some help related to their mortgages.You can easily contact a loan officer to make a complaint or an enquiry. If you want to make your mortgage payment through regular mail, use the following address. Mortgage Service Center PO Box 0112
Palatine, IL 60055-0112