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. | Programs are insured by the Federal Housing Administration. Many terms & options available. |
| USDA Mortgage | Advantages include no down payment, 100% financing for qualified buyers, and flexible qualifying. | Agriculture. Low mortgage insurance. Available in many rural locations across the United States. |
| VA (Veterans’) Mortgage | Advantages include no money down, 100% purchase money financing for military veterans. | Fixed-rate government program guaranteed by the VA, with additional government benefits. |
| 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 (ARM) | Advantages provide for initial lower monthly payments. For example, a 7 Year ARM will adjust after the first 7 years of the loan’s total term length. | Fully Indexed Rate contain index + margin with annual and life caps. |
| Jumbo Mortgage | Allows for financing on larger loan amounts to $2 million. (Brokered options may be higher.) | Fixed and variable-rate programs available. Chose fixed rate programs from 30 year or 15 years. Variables include 5, 7 and 10 year Arms. |
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Ask us about FHA 203K loans as well, another program we offer for home purchases.
