A mortgage in which the interest rate is fixed for the term of the loan. Terms include 30, 20, 15 or 10 years.
A mortgage in which the interest rate is adjusted periodically based on a pre-selected index and margin.
A mortgage in which the interest rate is fixed for a predetermined period of time, like three, five, seven or 10 years. After the predetermined period of time, the loan converts to an adjustable rate mortgage (ARM) for the remaining term of the loan.
Conventional loans are not insured by any government program, and they are the most common type of mortgage. Conforming conventional loans follow the loan amount guidelines set by Fannie Mae and Freddie Mac. Nonconforming loans don’t meet those guidelines, but are still considered conventional. Conventional loans often have higher down payment requirements than government-sponsored loans like FHA and USDA.
A loan insured by the Federal Housing Administration open to all qualified home purchasers. While there are limits to the size of FHA loans, they are generous enough to handle moderately-priced homes almost anywhere in the country. FHA loans offer a low down payment and more flexibility than many other types of financing.
Loans guaranteed by the USDA remain one of the few nationally offered loan programs available with no down payment. The program’s requirements mandate that both the property and borrower must qualify. These requirements are dependent on the physical location of the property and the maximum household income.
Mortgage loans available to eligible US veterans. VA guaranteed loans are made by private lenders, such as banks or mortgage companies, for the purchase of a home for a buyer’s own personal occupancy. These loans offer competitive rates and require little or no down payment.
Special Loan Programs
Helps homeowners pay off their mortgage faster than traditional 30-year mortgage without increasing payment or changing spending habits.
This program allows you to apply in person, online or through the mobile app and close in as little as ten days!
Helps you compete with multiple and cash offers. We issue loan approval prior to submitting an offer on a home and guarantee your earnest money up to $10,000!
Providing an honest, transparent, and well communicated mortgage process.Contact Us