Getting a Great Mortgage

Whether you are a current homeowner looking for a lower payment or a future homeowner preparing to get a mortgage loan, in today’s market it is important to fully understand all of your options.  Since the credit crisis, many lending institutions eliminated many mortgage programs that were popular several years ago.  Understanding these changes in the market can affect your home loan and may significantly impact the cost you pay to secure a mortgage.  Currently, interest rates are at historic lows.  For many who have been sitting on the fence, now is the time to act.  For others who have been told that they can no longer refinance due to decrease in home values or income, there are new programs that have been put in place to help some of these homeowners.  

We will educate you on your options and our job is to assess all of your qualifying factors, which in turn allows us to make recommendations as to how to best present your financial strengths to various lending institutions.

Comprehensive understanding of what banks require and how they assign value to your monetary attributes is critical to ensuring you are approved for a loan; and approved at the lowest possible rate.

There still are mortgage programs that only require 5% of less for a down payment.

If you need a home loan or looking to refinance, give us a call today or complete this online inquiry and we’ll work together to determine how to best maximize your loan savings.  

With interest rates that never go up for 15 or 30 years, this is what most people think of when they think “mortgage”. “Conventional” is another name for these loans – but there’s nothing conventional about the security of knowing your interest rate will stay the same for the life of your mortgage. Conventional financing, mortgage loan terms of 15 and 30 years have helped millions achieve the American Dream safely and securely.

FHA Loan

Mortgage guidelines, interest rates and terms set by the Federal Housing Authority are what make an FHA loan. With the right help these may be the easiest mortgages for you to qualify for. But most people still appreciate a little guidance through the paperwork. That’s what we’re here for. Insured by the U.S. government, mortgage loans like these are among the most secure you can get. In fact, the FHA is the largest government insurer of mortgages in the world.

3/1 or 5/1 or 10/1 Adjustable Rate Loan

Mortgage with an interest rate that adjusts periodically, based on a market trends. With this type of financing, mortgage loan rates start low and adjust yearly.

VA Loans

If you served in the US Armed Forces, you may benefit from this type of home financing. Mortgage loan guidelines set by the government, mortgage loans guaranteed by the US Department of Veteran Affairs - everything about a VA Loan is designed to make owning a home more affordable if you are a veteran.

Reverse Mortgages