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.
