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| 10/20/30/40/and 50 year fixed rate mortgages |
| 1/2/3/and 5 year ARMS |
| Refinance / Cash-out Refinance |
| HELOC loans |
| Construction to Permanent One Time Close |
| Land/Lot loan |
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10/20/30/40/and 50 year fixed rate mortgages
Our fixed rate options give you the flexibility you are looking for, whether you would like to pay your loan off in a short period of time or get the lowest payment for long term. Most of our fixed rate loans have an interest only feature available as well. This allows you to decide how much you want to pay to your principle balance each month.
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1/2/3/and 5 year ARMS
An (ARM) loan is an Adjustable Rate Mortgage. These loans generally have lower interest rates than a fixed loan. These loans are only fixed for the specified term, after which the rate adjust according to the proper margin above index set in the terms of the loan. These loans are wonderful for certain scenarios(short term, investment, or first time loans) An ARM usually gives you the lowest rates and payments giving you the option to purchase now and sell or refinance later.
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Refinance / Cash-out Refinance
Rates are at Historic Lows right now!!! What this means is that you could possibly lower your monthly payment. When you refinance your current home mortgage you have the option to pull out CASH!! Which you can use to pay off high interest debts. Sometimes still lowering your total payments each month. In addition the interest on your home mortgage is tax deductible, whereas other types of interest may not be. This could save you hundreds of dollars a month and with the tax savings add thousands to your bottom line every year!
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HELOC loans
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Construction to Permanent One Time Close
Want to build your dream house or an investment property? It's easy and affordable with a One-Time Close Construction loan that when completed rolls into your permanent financing. You close only once. Saving you thousands of dollars! You find the lot, we will get you the money for the lot and the cost of construction all in one loan. Call to find out all the details on how you can get building today!
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Land/Lot loan
We can finance that dream piece of property right now!!!! So you can build on it later. We can finance land only loans at 90% Loan to Value. That means you only have to put 10% down. Then, when it is time to build you can use your equity in the land as your down payment to do a construction loan. If you have had the property over one year you can use the newly appraised value towards your down payment on the new construction loan. This could save you thousands in needed down payment!!! Call today to get started towards that dream home.
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Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $417,000 for the contiguous states, District of Columbia, and Puerto Rico or below $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $417,000 with closing costs of $8,340. Jumbo Loans (whose maximum loan amount exceed $417,000 for the contiguous states, District of Columbia, and Puerto Rico or exceed $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $1,000,000 with closing costs of $20,000. Your actual APR may be different depending upon these factors.
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