Conventional Fixed Rate Mortgage – 10, 15, 20, or 30 year terms
- Conforming loans, with balances of $510,400.00 or less
- Established guidelines for credit, income and down payment
- Require between 5% and 20% down
Call your local loan team member today
Adjustable Rate Mortgage (ARM) – 1/1 or 5/1 terms
- Interest rate that changes (up or down) based on the index
- Payments may increase or decrease based on shifts in the index
- Lower initial payments
- Designed for short term goals
- Exception based underwriting
Call your local loan team member today
Construction Loan Program
- Construction to permanent financing
- Interest only payments during the construction period (up to 9 months)
- Fixed or adjustable rate products available on term mortgage
- One time closing
Call your local loan team member today
FHA (Federal Housing Administration)
- A government-insured mortgage loan
- Low down payment options
- Credit leniency
- Non occupant co borrowers permitted (parent or relative)
Call your local loan team member today
Relief Refinance
- Refinance loans only
- Federal program designed to help homeowners who are owe more than their house is worth
- Aims to provide homeowners with better loan terms, lower rate & payment
- Must be current on mortgage payments
Call your local loan team member today
|