Mortgage Loan Options

Mortgage Loan Options

There are several different loan options available.  Here is a brief scenario of each option. 30 YEAR FIXED RATE MORTGAGE The 30 year fixed rate mortgage is one of the most popular and secure home loan options available, especially if you want your monthly payments to...
VA Financing

VA Financing

VA loans allow us to take care of our own.  Is your credit not so great? No problem! VA makes it possible for a borrower with a 560 credit score to qualify.  The VA loan offers many benefits and we highlighted some of them below. Highlights No down payment Up to 100%...
Conventional – Home Ready Loans

Conventional – Home Ready Loans

With HomeReady, creditworthy low to moderate-income borrowers can now get the financing they need to purchase their home.  Home Ready loans typically offer the benefits of lower interest rates and a lower mortgage insurance rate.  And the best part is, you do not have...
FHA Loans – Affordable Mortgages

FHA Loans – Affordable Mortgages

FHA mortgages are government-assisted alternatives to conventional financing and are great options for those who want to put less money down or who have lower credit scores. While these mortgages do require expenses in the form of monthly mortgage insurance, they...