Mortgage

At Sunrise we have a focus on bettering communities. To build strong communities you need healthy neighborhoods that are filled with families and businesses. Sunrise believes that homeownership should be an option for all families. And that is why we’ve created a variety of programs to help homebuyers.

Our Products

Sunrise offers standard conventional mortgage and refinance products and programs and we participate in Fannie Mae’s HomeReady™ program. Sunrise also offers an Open Door mortgage program to qualified buyers.

Program Benefits

HomeReady™ Mortgage Program

  • Lower down payment requirement of 3%
  • Don’t need to be a first-time homebuyer
  • Seller can pay your closing costs
  • Compatible with gift from family member or friend
  • Open Door Credit Program (if applicable)
  • Sunrise Lender Credit (if applicable, please contact your mortgage loan officer for more information)
  • Grants may be available
  • Home Buyer Education required

Open Door Mortgage Program

  • 10% down payment requirement
  • Don’t need to be a first-time homebuyer
  • Seller can pay your closing costs
  • Compatible with a gift from a family member or friend
  • Open Door Credit Program (if applicable)
  • Sunrise Lender Credit (if applicable, please contact your mortgage loan officer for more information)
  • ITIN eligible
  • Home Buyer Education required

Our Differentiators

Homeownership is attainable through a partnership with Sunrise because we have tools that can help you. We offer Open Door Credits, which provide homebuyers with closing cost assistance money if certain requirements are met. The money received from the credit does not need to be repaid.

Borrowers may qualify for credits up to $2,5001. In addition to Open Door Credits, Sunrise also has access to grant programs available through various government and non-profit organizations.

In addition to the Open Door Credits, Sunrise can help potential buyers rebuild credit through the Credit Builder Program. The Credit Builder Program is a combination loan and savings program that may help someone establish a good payment history, which is an important step in building a better credit score.

And as an added feature, Sunrise has an ITIN mortgage program. Contact one of our Mortgage Loan Officers for more details.

Start the home buying process by applying today!

1) Open Door Credit of up to $2,000 is available for homebuyers who meet income limitations. Actual amount of credit is determined by income and loan amount. A $500 credit is available to borrowers who meet both income qualifications and the property being purchased or refinanced is located in a low or moderate income census tract.

Contact Us

James Iacarella
VP, Mortgage Development Officer
NMLS #343004
(651) 265-5681
James.Iacarella@SunriseBanks.com

Andrea Altamirano
Mortgage Loan Officer
NMLS #1234641
(651) 523-7850
Andrea.Altamirano@SunriseBanks.com
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