Mortgage Loans

Fixed-rate loans are a great option if you want a monthly payment that won’t change. A fixed interest rate means your rate stays the same for the life of the loan – so your payment will only change if your taxes or insurance premiums do. Many of our clients opt for 30- or 15-year fixed-rate loans.

Adjustable-rate mortgages (ARMs) offer lower rates than some other loan types. ARMs are a great option if you expect to sell your house or refinance before the initial fixed-rate period ends. A popular ARM is the 5-year ARM, which is a 30-year mortgage with an initial fixed-rate period of five years.

An FHA loan is a government backed mortgage insured by the Federal Housing Administration. FHA home loans require lower minimum credit scores and down payments than many conventional loans, which makes them especially popular with first-time homebuyers. FHA loans come in 15-year and 30-year terms with fixed interest rates.

VA loans are government backed by the Department of Veterans Affairs (VA) and offer guarantees to private lenders to make it easier for borrowers to get an affordable loan. There are several types of VA loans, and we can help you navigate which is best for you. Benefits of a VA loan include $0 money down, less stringent credit criteria, and competitive interest rates.

Loans are considered Jumbo when the amount of the mortgage exceeds loan-servicing limits set by Fannie Mae and Freddie Mac. These loans are available for primary residences, vacation homes and investment properties and offer both fixed and adjustable rates.

We specialize in helping buyers find the best loan that fits their circumstance. Reach out to us for a more personalized loan experience that doesn’t fit standard guidelines but will get you into a new home affordably. Example loan types are:

• Bank Statement Loan – For buyers who have trouble fully documenting their income
• ITIN Loan – Individual Tax Identification Number loans for buyers that do not have a social security number