Select the best mortgage loan program that fits your needs.
|Loan Product||Benefits to Borrower||Program Details|
|Fixed Rate Mortgages||Offers fixed monthly payment over the life of the loan. Payment remains constant throughout the loan term.||Guaranteed to remain fixed. Choose from 10, 15, 20, 25 or 30 year terms.|
|Making Homes Affordable (HARP)||Advantages include ability to finance with lower loan-to-value restrictions.||Fixed rate government sponsored program to help homeowners refinance. Terms of 30 available.|
|Conventional Mortgage||Advantages include ability to finance real estate for the most qualified borrowers.||Fixed-rate programs available. Programs to finance conforming high balance areas.|
|FHA Mortgage||Advantages include low down payment, “less than perfect” credit higher debt to income ratios.||Fixed Rate programs insured by Federal Housing Administration. Choose from 15 or 30 year terms.|
|USDA Mortgage||Advantages include no down payment 100% financing, “less than perfect credit” flexible qualifying for rural properties.||Agriculture. Low mortgage insurance. Chose from from terms of 30 years.|
|VA (Veterans’) Mortgage||Advantages include no money down, 100% purchase money financing for military veterans.||Fixed-rate government program guaranteed by the VA. Terms of 30 years.|
|Home Path Mortgage||Advantages include new appraisal and no mortgage insurance.||Fixed-rate mortgage program offered by Fannie Mae. Choose from terms of 30 years.|
|Adjustable Rate Mortgage||Advantages provide for initial lower monthly payments. Traditionally in shorter-term time periods.||Fully Indexed Rate contain index + margin with annual and life caps.|
|Jumbo Mortgage||Allows for financing on larger loan amounts to $2.5 million.||Fixed and variable-rate programs available. Chose fixed rate programs from 30 year or 15 years. Variables include 5, 7 and 10 year Arms.|
Ask us about FHA 203K loans as well, another program we offer for home purchases.