Conventional loans include fixed rate and adjustable rate (ARM) mortgages. Down payment amounts will also vary.
Whether you’re a first-time or a repeat homebuyer, need to refinance, an FHA home loan may be the perfect solution for you.
VA loans are available to American Veterans and their families. No PMI or down payment is required with a VA loan.
U.S. Department of Agriculture loans are offered to home buyers purchasing a home in rural developments.
Reverse mortgage loans are a great tool for older homeowners to utilize their property's equity during retirement.
Jumbo loans are loans for a home that is priced higher than loan limits set in place by Fannie Mae or Freddie Mac.
Conventional mortgages are ideal for buyers with good credit and money to put down. They typically require a higher down payment, usually 5%–20% and also have higher income and credit score requirements than government loans. Typical fixed-rate loans have a term of 30 or 15 years.
FHA loans are designed to benefit first-time homebuyers and buyers with less than perfect credit and not a lot of money to put down. FHA loan limits vary by county. Click here to see the loan limits in your area.
If you are a veteran or a current member of the U.S. military, you can apply for a VA Loan, which currently offers up to 100% home financing. Thank you for your service!
Whenever you’re in the market for a new home, seeing all of these different words can be confusing. Did you think a condo was just an apartment? Are you confused by duplexes and townhouses? Well, you’re not alone. The names of different types of houses and housing units can be confusing. The easiest way to make […]
If you’re obtaining a mortgage to buy a house, then you could have two types of insurance, homeowners insurance and mortgage insurance. Homeowner’s insurance is sometimes referred to as hazard insurance. These policies cover damage to your property and losses you might suffer in a natural disaster, flood, break-in or other unexpected circumstance. Much like […]