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Conventional Fixed Rate Mortgages

This is a loan that features a fixed rate for the life of the loan. These loans are available with the following terms: 10, 15, 20, 25 and 30 year loan term. This loan is also available in Conforming and Non-Conforming loan amounts.

Balloon Mortgage Loans

This mortgage features a lower rate with this rate being set for a set period, such as a 5-year Balloon Mortgage. This allows for the rate to stay fixed for the first 5 years, and then the mortgage balance is due in a balloon payment. This allows for a lower payment for the 5-year period.

Adjustable Rate Mortgage Loans (ARMs)

This mortgage features simple interest with an adjustable rate term. These typically help those borrowers who anticipate only being in a home for a short period of time.

Federal Housing Administration Mortgage Loans (FHA)

This mortgage is federally insured by The Department of Housing and Urban Development. It is designed for First time homebuyers who require a small down payment and higher debt to income qualifications. This loan features the ability to finance a portion of your closing cost into the loan.

Non-Conforming (Jumbo) Mortgage Loans

This mortgage is designed for those borrowers needing to borrower more than $417,000. These loans are available in Fixed Rate, and ARM terms.

Veterans Administration Mortgage Loans (VA)

This loan program is available from the Department of Veteran Affairs. It is designed to serve the needs of Veterans. It allows for the Veteran to retain 100% financing. This borrower must have a valid Certificate of Eligibility to obtain a VA mortgage.