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| Fixed Rate Programs |
| Adjustable Rates |
| Combo Loans |
| First Time Homebuyer Programs |
| Home Equity |
| Refinance Options |
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Fixed Rate Programs
- Fixed rate programs are great because you know exactly what your rate will be throughout the life of the loan.
- No matter what the market does your rate is constant
- Fixed rate programs where you can take out up to 97% the value of the house
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We have many different fixed rate programs, contact us and we can explain to you the differences and see what you qualify for. |
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Adjustable Rates
- Adjustable rates start out low but have the potential to go up
- Good if you are not planning on living on the property long
- Different period lengths starting from 1yr to 30yr
- Most cases you will see and adjustable rate as a second mortgage option
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There are special cases where an adjustable rate mortgage may be the best thing for you, contact us and we will help you decide what is best for your individual situation. |
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Combo Loans
- You close with two mortgages at the same time giving you options of borrowing up to 100%
- Fixed rate first with an adjustable rate second most common is 80/20, 80% fixed first mortgage, 20% adjustable second equaling 100% loan to the value of your property
- You can save on paying mortgage insurance (it is required if you take out a loan higher then 80%)
- Great if you do not have a lot of money saved up for a down payment
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Combo Loans are a great option to take out more money for less then getting stuck with mortgage insurance. Although in some cases it is not your best option and that is where we come in to play and help you see all of your options. |
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First Time Homebuyer Programs
- You can take out up to 97% with as little as 1% of your own money
- Interest rates are a lower the other programs
- Lower monthly payments then other programs
- Start putting equity into your very own property
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If you are looking to invest in buying your first home give us a call and let us show you the different programs that you may qualify for. |
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Home Equity
- There are fixed rate, adjustable rate, interest only and a number of other options
- Home equity line of credits allow you to draw from your equity over and over again
- A number of terms to choose from; 5, 10, 15, or up to 40 years
- Many home equity programs have very low to No closing costs!
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Home equity mortgages can be a great way to use the equity that you have built in your home to get money for home improvements, to consolodate debts, or to buy a new car! There are a number of home equity products that can help you get ahead in a number of areas of your life. |
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Refinance Options
- Stuck with an adjustable rate mortgage that seems to never stop going up?
- Interest rates currently a lot lower then what you are currently paying?
- Need some extra cash to pay off high interest debts?
- Looking to do some home improvements and want to take advantage of equity you have built in your home?
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If you answered YES to any of the questions above then it may be time for you to consider refinancing your current property. It is a easy process that can change your current mortgage situation to put you in a better financial situation. If you are not happy with you current mortgage then contact us and let us show you the different options that you have through Refinancing. |
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Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $417,000 for the contiguous states, District of Columbia, and Puerto Rico or below $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $417,000 with closing costs of $8,340. Jumbo Loans (whose maximum loan amount exceed $417,000 for the contiguous states, District of Columbia, and Puerto Rico or exceed $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $1,000,000 with closing costs of $20,000. Your actual APR may be different depending upon these factors.
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