This updated article preserves the original intent: Argent Mortgage marketed a wide range of non-conforming mortgage products - from 100% and 80/20 financing to interest-only loans, HELOCs, reverse mortgages, and no-doc options. Because product names, availability, underwriting rules, and licensing can change, the piece flags specific claims that need verification and recommends checking NMLS and company disclosures before relying on the details.

Overview

Argent Mortgage Company historically positioned itself as a specialist in non-conforming mortgages and alternative loan programs. The firm marketed a broad menu of options to borrowers who did not fit typical conforming guidelines, including higher-balance (jumbo) loans, interest-only structures, and combo second-mortgages. Specific claims about the company's market rank and licensing should be verified before reuse.

Common product types (what Argent described)

Argent's published materials highlighted several program categories that are still familiar in the non-conforming market today:

Full-value and combo financing

• 100% financing programs and 80/20 combo structures were promoted as ways to purchase a home with minimal down payment by pairing a first mortgage with a second lien. The prevalence and terms of such programs vary with market conditions and underwriting standards. ¹

Interest-only and hybrid amortization

• Interest-only loans (where borrowers pay interest for an initial period then move to principal+interest amortization) remain a feature of some non-conforming and portfolio lenders. Specific initial terms (for example, a five-year IO period) depend on the lender and product. ²

• Variants such as a 40/30 or other temporary payment-reduction structures were described in older product literature. These are less common now and can carry reset or recast risks. ³

Specialized and secondary market products

• Refinance and cash-out refinance, home equity lines of credit (HELOCs), and debt-consolidation refinances are standard options across mortgage markets.

• Reverse mortgages allow homeowners aged 62+ to convert home equity into tax-free proceeds under Home Equity Conversion Mortgage (HECM) rules when FHA-insured loans are used; private reverse mortgage products also exist. This explanation reflects current HECM eligibility, not a company-specific guarantee.

• Jumbo loans for amounts above Fannie Mae/Freddie Mac limits remain a core non-conforming product.

Alternative documentation (stated income/no-doc)

• The company historically offered stated-income or limited-documentation programs for self-employed borrowers. These product types contracted after 2008 regulation changes, though similar bank-statement programs exist today under tighter underwriting. ⁴

How to evaluate these programs today

Non-conforming loans vary greatly by lender. Confirm current licensing, product names, underwriting criteria, fees, and eligibility directly with the company or by checking state licensing databases and the Nationwide Multistate Licensing System (NMLS). ⁵

Argent's older website materials emphasized easy online access to applications and educational resources; confirm current online services and disclosures before applying. ⁶

1. Confirm Argent Mortgage Company's current corporate status and market ranking.
2. Verify the number and identity of U.S. states where Argent Mortgage is licensed.
3. Confirm whether the specific product names (e.g., 'Argent 100 Advantage', 'Argent 80/20 Combo Advantage', 'Argent 40/30 Fully Amortized Option') are still offered and their exact terms.
4. Verify whether Argent currently offers stated-income/no-doc programs and the documentation requirements.
5. Confirm current online application capabilities and consumer disclosures on Argent's official website.