Loan Program
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
The most common type of loan option, the traditional fixed-rate mortgage includes monthly principal and interest payments which never change during the loan’s lifetime.
Adjustable ARM
Adjustable-rate mortgages include interest payments which shift during the loan’s term, depending on current market conditions. Typically, these loans carry a fixed-i…
Interest Only
Interest only mortgages are home loans in which borrowers make monthly payments solely toward the interest accruing on the loan, rather than the principle, for a specif…
Graduated Payments
Graduated Payment Mortgages are loans in which mortgage payments increase annually for a predetermined period of time (e.g. five or ten years) and…
203(k) Rehabilitation Mortgages
A 203(k) Rehabilitation Mortgage is a unique financing solution that can turn your property investment aspirations into reality. Whether you’re a first-time homebuyer
Mortgage Refinancing
Mortgage refinancing is a strategic financial move that homeowners often consider to optimize their mortgage terms, reduce monthly payments, or tap into their home’s
Reverse Mortgages
Reverse mortgages have emerged as a valuable financial tool for senior homeowners seeking to access their home equity without selling their property.
Virtual Consultations
In the ever-evolving landscape of mortgage lending, virtual consultations have become an integral part of the home financing process. These remote meetings provide
Loan Program Options
FHA Home Loan
FHA home loans are mortgages which are insured by the Federal Housing Administration (FHA), allowing borrowers to get low mortgage rates with a minimal down payment.
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 …
USDA Loans
If you’re looking to buy a home in a rural or suburban area with no down payment and minimal investment, you might consider the USDA Rural Development Loan.
Jumbo Loans
A jumbo loan is a mortgage used to finance properties that are too expensive for a conventional conforming loan. The maximum amount for a conforming loan is $548,250 in…
Growing-Equity Mortgages
A Growing Equity Mortgage (GEM) is a powerful financial tool that allows homeowners to accelerate the equity-building process while paying off their mortgage.
Condominium Loans
Condominium loans are a specialized form of mortgage financing designed to help individuals purchase condominium units within multi-unit housing developments
Conventional Loans
Conventional loans are one of the most common and versatile types of mortgage financing available in the real estate market. These loans are not backed or insured
