Mortgage Options

This agency-regulated-product offers a variey of loan terms from 8 years to a maximum of 30.
The interest rate is set at the time of closing and remains constant over the entire loan term.
Transactions with less than 20% invested into the value of the property will typically require Private Mortgage Insurance, which can be removed when certain criteria is met.
Minimum down payment programs are available for qualified applicants.

This agency-regulated-product offers a variety of initial fixed-rate periods of 3, 5, 7, or 10 years.
The interest rate is set at the time of closing and remains constant over the initial fixed-rate period.
Once the fixed-rate period expires, the interest rate can increase or decrease on an annual basis.
Transactions with less than 20% invested into the value of the property will typically require Private Mortgage Insurance, which can be removed when certain criteria is met.

This loan type of financing that exceeds the limits set by the Federal Housing Finance Agency (FHFA).
Unlike conventional mortgages, a jumbo loan is not eligible to be purchased, guaranteed, or securitized by Fannie Mae or Freddie Mac.

Fixed Rate periods range from 10 years to 30 years.
The Veterans Administration loan program enables veterans and active-duty personnel to purchase or refinance a home with favorable loan terms.
VA offers mortgages that can accommodate no down-payment on many purchase transactions.

VA offers a 3- and 5-year initial fixed rate period.
The interest rate is set at the time of closing and remains constant over the initial fixed-rate period.
Once the fixed-rate period expires, the interest rate can increase or decrease on an annual basis.