Please contact us
to get more details or to qualify for any of the programs listed below.
Adjustable Rate Mortgage
A Mortgage loan which allows the lender to adjust the interest rate in accordance to a specified index periodically and as agreed to at the inception of the loan. We offer a variety of variable rate mortgages.
Loans for owner occupied construction property to be built. Normally 5 to 7 draws during the construction period up to no more than one year adjustable rate.
A loan made through an approved lender and insured by the Federal Housing Administration. While there are limits to the size of FHA loans, they are intended to finance moderately priced homes.
FHA 203K Loan
A loan made through an approved lender and insured by the Federal Housing Administration for rehabilitation or restoration of an old home.
Fixed Rate Mortgage
Interest rates are fixed and amortized over ten, fifteen, twenty, thirty, or even forty years.
HELOC or 2nd Mortage Loan
A mortgage that has rights subordination to the first mortgage. We offer fixed and adjustable rates up to 100% of the appraised value.
Interest Only Mortgage
Monthly payment is based on interest due on principal balance. We offer a fixed rate for one month to a fixed rate for ten years.
Loans for one to four unit investment properties are available at higher rates than loans for owner occupied properties.
Loans to purchase a lot to construct a home. We offer both land and construction loans for owner occupied properties.
Variable rate mortgage based on a specified index. Fixed payments for one month to five years. Possible negative amortization to increase principal.
Depending upon a borrower’s credit score there are a variety of programs available for those with low credit scores. Rates and down payment requirements are higher than normal.
In 1944 President Roosevelt signed the Serviceman’s Readjustment Act into law. This bill is known as the GI Bill, which allowed veterans to purchase homes without down payment. VA Loans are guaranteed by the Department of Veterans Affairs. We offer fixed and adjustable mortgages for VA loans.