Your personalized loan options start with a wide array of choices to fit your specific needs.
Thirty-Year Fixed Rate Mortgage
The traditional 30-year fixed-rate mortgage has a constant interest rate and monthly payments that never change. This may be a good choice if you plan to stay in your home for seven years or longer. If you plan to move within seven years, then adjustable-rate loans are usually cheaper. As a rule of thumb, it may be harder to qualify for fixed-rate loans than for adjustable rate loans. When interest rates are low, fixed-rate loans are generally not that much more expensive than adjustable-rate mortgages and may be a better deal in the long run, because you can lock in the rate for the life of your loan.
Fifteen-Year Fixed Rate Mortgage
This loan is fully amortized over a 15-year period and features constant monthly payments. It offers all the advantages of the 30-year loan, plus a lower interest rate—and you’ll own your home twice as fast. The disadvantage is that, with a 15-year loan, you commit to a higher monthly payment. Many borrowers opt for a 30-year fixed-rate loan and voluntarily make larger payments that will pay off their loan in 15 years. This approach is often safer than committing to a higher monthly payment, since the difference in interest rates isn’t that great.
Adjustable Rate Mortgages (ARM)
When it comes to ARMs there’s a basic rule to remember…the longer you ask the lender to charge you a specific rate, the more expensive the loan.
An FHA loan makes qualifying for a new mortgage easier by allowing lower credit scores and less down money.
Currently have an FHA mortgage? This is the easiest possible way to refinance. In most cases no appraisal is needed.
This loan is a benefit to service men and women who are looking to refinance or purchase a new home with zero money down.
This option allows you to borrow more than the conventional limits of $417k. We offer financing up to $2 million.
Are you looking for the lowest possible mortgage payment? If so, this is the option for you.
Even if you currently owe more than your home is worth, you may be able to refinance and lower your monthly payments.
Real Estate Investor
This program is for the real estate investor that requires unique financing needs.
Call today for YOUR personalized mortgage quote. 855.927.5929