Types of Mortgages
There are many different types of mortgage loans and searching for the right product can be confusing. That’s why our lenders take pride in providing education and guidance to achieve the individual goals of each of our customers.
Loan Program |
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Conventional Fixed Rate* |
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Why Select This Loan Type? |
Plan to keep home for more than 5 years. |
Loan Features |
|
Adjustable Rate (ARM)* |
|
Why Select This Loan Type? |
Plan to keep home for a short period of time. |
Loan Features |
|
Reverse Mortgages* |
|
Why Select This Loan Type? |
Use equity in your home to supplement monthly income or provide a lump sum for an immediate need. |
Loan Features |
|
Cash-Out Refinance* |
|
Why Select This Loan Type? |
Cash-out some equity in current home, but prefer not to have a second mortgage payment. Funds can be used for a variety of purposes; debt consolidation, vacation, etc... |
Loan Features |
|
Government Loans* |
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Why Select This Loan Type? |
For qualified veterans: Purchase and refinance loans available with no private mortgage insurance. |
Loan Features |
|
Government Loans* FNMA |
|
Why Select This Loan Type? |
Great fixed rate options with a variety of loan products. |
Loan Features |
|
Loan Program |
Why Select This Loan Type? |
Loan Features |
---|---|---|
Conventional Fixed Rate* |
Plan to keep home for more than 5 years. |
|
Adjustable Rate (ARM)* |
Plan to keep home for a short period of time. |
|
Reverse Mortgages* |
Use equity in your home to supplement monthly income or provide a lump sum for an immediate need. |
|
Cash-Out Refinance* |
Cash-out some equity in current home, but prefer not to have a second mortgage payment. Funds can be used for a variety of purposes; debt consolidation, vacation, etc... |
|
Government Loans* |
For qualified veterans: Purchase and refinance loans available with no private mortgage insurance. |
|
Government Loans* |
Great fixed rate options with a variety of loan products. |
|
*All loans are subject to credit approval.