Confused about Mortgage Loan options?
Let us help you navigate through the maze of mortgage loan programs and terms. We offer a variety of loan options to fit your needs and are experts in finding the right one for you.
Fixed Rate Mortgage
This is the most popular type of mortgage. This type locks in a fixed rate for the life of your loan and offers you the security of a principal and interest payment that stays the same no matter how the market changes.
Government Insured Loans
While the United States government is not a mortgage lender, it does play a role in helping some individuals become homeowners. Government insured loans include:
- Federal Housing Administration (FHA)
- U.S. Department of Veterans Affairs (VA)
- U.S. Department of Agriculture (USDA)
- Rural Development
- Section 184 Indian Home Loan Guarantee Program (HUD-184)
Government Insured Loans offer the lowest possible down payment and may even give assistance to qualified First Time Home Buyers.
Adjustable Rate Mortgage
This type of mortgage, commonly referred to as an "ARM", offers the flexibility of adjusting your interest rate according to the market. It takes advantage of current low rates and locks those in for a set period of time. After that initial period, your rate will adjust to current market rates and may be higher or lower than your initial rate.
There are many financial decisions involved in purchasing or refinancing a home. Let us help you in making what could be one of the biggest decisions of your lifetime.
Visit our Forms Library for printable loan applications and other loan forms.