LOAN PROGRAMS
There are a number of different types of home loans available to you, and it can pay to familiarize yourself with them. Luckily we’re here to help you choose the best type of home loan for your needs.
Mortgage Rate Options
Fixed Rate
Not all mortgages are created equal. For example, while some borrowers choose adjustable-rate mortgages (ARMs), the most frequent loan type is the fixed-rate mortgage.
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Adjustable ARM
The Adjustable ARM (Adjustable Rate Mortgage) Policy is a financial mechanism designed to provide flexibility to American homeowners in managing their mortgage payments.
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Interest Only
An Interest Only Mortgage is a type of loan where the borrower makes monthly payments that solely cover the interest accrued on the principal amount borrowed.
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Graduated Payment
Graduated Payment Mortgages are loans in which mortgage payments increase annually for a predetermined period of time
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Loan Program Options
FHA Home Loan
An FHA loan is a government-backed mortgage loan that allows you to buy a home with looser financial requirements. You may qualify for an FHA loan if you have debt or a lower credit score.
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VA Loans
VA loans are mortgages guaranteed by the Department of Veteran Affairs. These loans offer military veterans exceptional benefits, including low interest rates and no ...
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USDA Loans
A USDA home loan is a zero-down payment mortgage for qualifying rural homebuyers issued through the USDA loan program.
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Jumbo Loans
A jumbo mortgage can provide you the larger funds traditional loans do not cover — given that you can find a lender that offers one, satisfy the requirements, and afford the higher cost.
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No Credit Score
A No Credit Score Mortgage is a financing option tailored for those without a traditional credit history.
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cash out refinances
A cash-out refinance is a mortgage refinancing option that lets you convert home equity into cash.
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DSCR loans
A DSCR loan is a type of non-QM loan for real estate investors. Lenders use a DSCR to help approve real estate investors for a loan because it can quickly determine the borrower's ability to repay without verifying income.
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Manufactured Single wide
Manufactured Single Wide Homes, often called mobile homes, offer a budget-friendly alternative to traditional housing.
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Disclosure:
The content provided within this website is presented for information purposes only. This is not a commitment to lend or extend credit. Information and/or dates are subject to change without notice. All loans are subject to credit approval. Other restrictions may apply. Mortgage loans may be arranged through third party providers.
The content provided within this website is presented for information purposes only. This is not a commitment to lend or extend credit. Information and/or dates are subject to change without notice. All loans are subject to credit approval. Other restrictions may apply. Mortgage loans may be arranged through third party providers.
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