Products

Loan Products

Fixed Rate Mortgages
The most common type of mortgage, the traditional fixed-rate mortgage includes monthly principal and interest payments which never change during the loan’s lifetime.  All time low rates make the Fixed Rate Mortgage the most popular product.

Adjustable Rate Mortgages aka ARM
Adjustable rate mortgages include interest payments which shift during the loan’s term, depending on current market conditions. Typically, these loans carry a fixed-interest rate for a set period of time before adjusting.  Great Mortgage product if you do not plan to stay in the property long term or plan to refiance in the next 5 to 10 years.

HARP 2.0
HARP 2.0 is a refinance option for homeowners that owe more on their home than their home is worth.  The Making Home Affordable Program is set to expire September 30, 2017 and is free but standard refinance fees will still apply.

FHA Mortgages
FHA home loans are mortgages which are insured by the Federal Housing Administration (FHA), allowing borrowers to get low mortgage rates with a minimal down payment.

VA Mortgages
VA loans are mortgages guaranteed by the Department of Veteran Affairs. These loans offer military veterans exceptional benefits, including low interest rates and no down payment requirement. This program was designed to help military veterans realize the American dream of home ownership.

USDA Mortgages
USDA loans allow up to 100% financing.  Guidelines require the properties to be located in rural areas. 

Reverse Mortgages
Reverse Mortgages allow seniors 62 and over to convert a portion of their home equity into cash while still living in the home.  The home owner must only pay property taxes and insurance.