|  |  | |
|
30 year Fixed Rate Conforming Loan
This traditional loan offers the peace of mind of a fixed rate and payment that will never change over the 30 year term of the loan. This is a solid loan program designed for conservative homeowners who plan to own their home for many years. The maximum loan limit on this program is $417,000.
Term: 30 years Maximum Amount: $417,000 |
 |
Jumbo Conforming Loan
In an attempt to help curb the housing crisis, the government housing authorities increased the conforming loan limit in March 2008 to as high as $729,750 in certain counties. This was a temporary change that was only supposed to be in effect until the end of 2008, but was extended through 2010 and now reduced to the exisiting county limits. With the changes, loans above $417,000 and below the maximum designated for each county are now considered to be conforming jumbo loans, which offer lower interest rates than the traditional jumbo loan. Call us today for details and take advantage of this temporary reprieve.
Term: 30 years Maximum Amount: $625,500 |
|
|
5/1 ARM Conforming and Jumbo
This loan program is ideal for homeowners who desire a lower rate and payment for the first five years of their loan term. It offers a lower rate than a traditional 30 year fixed loan with the stability of a fixed rate and payment for five years. After the first five years of the term, your rate will convert to an adjustable rate that could adjust once a year. This program is ideal for homeowners who want lower initial payments and plan to refinance or move within five years.
Term: 30 years Maximum Amount: $2,500,000 |
|
FHA Loans
For homeowners who are looking for a low down payment on a purchase, have little to no home equity, high debt-to-income ratios, or for those with credit issues, our FHA program may help. This flexible loan program looks at each homeowner's unique situation to determine qualification, looking at compensating factors that other programs may not. Even if you've made a late payment on your mortgage you may still qualify.
Term: 30 years Maximum Amount: $625,500
|
| |
|
****Maximum loan limitations are based on county, with the maximum amount being $729,250 in high-cost areas. Call us for maximum loan limits in your area.****
|
|
| |
| |
|
|
|
|
|
|
|
|
