Mortages

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Mortages

We can help find the right mortgage for your finances.

 

TRADITIONAL MORTGAGES

Fixed Rate Loan

 

Features predictable and steady monthly payments with flexible loan terms.

 

Key Considerations:

  • You're planning to be in your home for awhile.
  • You're looking for a mortgage that has a monthly payment you can rely on.

Key Benefits:

  • Your principal and interest payment will not change over the life of the loan
  • Flexible terms, based on your

 

Adjustable Rate Loan

 

Offers flexibility and initial lower payments and interest rates.

 

Key Considerations:

  • You’re planning to be in your home for the short term.
  • You expect interest rates to remain stable or decline.
  • You want a lower initial monthly payment and don’t mind a variable interest rate.

Key Benefits:

  • Often a lower initial interest rate and payment
  • Flexible terms, based on your needs

 

FHA Loan

 

A great choice if you want to refinance or purchase a home with low down payment.

 

Key Considerations:

  • You want to buy a home with a low down payment.
  • You’re a first-time homebuyer.
  • You earn a qualifying income.
  • You want to refinance your existing loan at a lower rate.

Key Benefits:

  • Smaller down payment
  • Fixed rate
  • Flexible loan terms

 

SPECIALIZED MORTGAGES

Home Mortgage

 

Created for those with limited funds for a down payment or require more flexible funding options.

 

Key Considerations:

  • You have limited money available for a down payment.
  • Your income is at or below the median household income in your area.
  • You’re purchasing a home in an underserved area.

Key Benefits:

  • Low down payment options
  • Fixed rates, stable monthly payments
  • Reduced mortgage insurance premiums
  • Refinancing options available, no cash-out allowed

 

Construction Loan

 

For those looking to borrow more than $417,000 for a dream home.

 

Key Benefits:

  • Available for the construction of your primary residence
  • Fixed rate and ARM* loans available
  • Conforming and Jumbo Loan amounts available
  • One-time closing fee
  • Interest-only* payments during construction

 

Jumbo Loan

 

For those looking to borrow more than $417,000 for a dream home.

 

Key Considerations:

  • You want to borrow more than $417,000
  • You would like to take advantage of today's great rates

Key Benefits:

  • Financing on loans up to $2 million
  • Fixed rate and ARM* loans available