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Types of Loans
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Pick-A-Payment that best suites your financial strategy
2/28 ARM
A 2/28 ARM is an adjustable rate mortgage program that is fixed for the first two years then it shifts into an adjustable rate, which the interest rate can change. The 2/28 ARM allows people with suffering credit problems to rebuild and later have the ability to refinance at a better rate.
Interest Only
Interest only loans are usually adjustable-rate mortgages that require no principal payment during an initial period of typically three or five years. Buyers looking to keep monthly payments to a minimum at first are attracted to interest only, which can be 25 percent lower than those on a 30-year fixed-rate mortgage during the startup period.
40 Year
The 40-year mortgage loan has been criticized because of the greater interest costs over the life of the loan, but it can be a good choice for homeowners looking to keep their monthly payments lower while qualifying for a larger loan amount. A 40-year loan is also a good choice for homeowners who want to keep their home or loan for a limited amount of time.
30 Year Fixed
A “fixed” loan means that for the entire life of your loan your payment and rate will remain the same. A fixed rate loan protects you against rising interest rates and allows the stability of having a set monthly payment. If rates do go down, you can refinance.
100% Financing
0 Down Programs
HERE ARE JUST SOME OF THE PROGRAMS THAT WE OFFER.
1% Start Rate Loans
Interest Only Loans
80/20 Loans
30 YR. Fixed
40/50 YR. Loans
PLEASE FILL OUT THE SIMPLE APPLICATION OR CALL DIRECT AND ONE OF OUR LOAN SPECIALIST WILL BE GLAD TO EXPLAIN TO YOU OUR LOAN PROGRAMS.
Special Loan Programs For First Time Home Buyers
Low/Bad Credit Scores Welcome
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