We have a variety of loans to suit your purchase or refinancing needs.

Purchases:

Purchase loans provide you with the funds needed to buy a home.

Refinances:

Homeowners looking to decrease their interest rate, lower their payment, or get cash out may consider refinancing. A refinance calls for the homeowner to obtain a new mortgage loan. Those funds are then used to pay off the original mortgage loan, and the homeowner is then bound by the terms of the new mortgage. Depending on your situation a refinance loan could be a great option. Along with potentially decreasing your interest rate, refinance loans can also help you switch from an ARM to a fixed rate loan, and in some cases reduce your loan term.

A popular loan type, conventional fixed rate loans feature a locked in interest rate for the life of the loan. Generally speaking, monthly payments remain constant. Contact us for details on down payment requirements.

Available terms generally range from 10 years, 15 years and 30 years

Down payments can range from 3%, 5%, 10%, 15% and 20% down.

Adjustable rate mortgages are loans where the interest rate is recalculated on a yearly basis depending on market values. As interest rates are adjusted, so is the borrower's monthly payment. While interest rates on ARM loans are generally lower than fixed rate loans they can eventually become higher. Various types of ARM loans include Hybrid ARMs such as 10/1 year, 7/1 year, 5/1 year and 3/1 year programs. Contact us for more information on adjustable rate mortgage loans.

A jumbo loan, or non-conforming loan, usually means any home loan for amounts higher than $647,200 (as of 2022). Jumbo loans feature similar loan programs as fixed rate and adjustable rate programs.  The main difference between jumbo loans and conforming loans is the interest rate. Because jumbo loans are riskier for lenders they usually have higher rates. Learn more about jumbo loans by contacting us today.

FHA loans are private loans insured by the federal government. These loans are popular with borrowers who may not have enough funds for a traditional 20%  down payment; FHA loans only require 3.5% down. Those who choose these loans are required to pay mortgage insurance (MI) which increases their monthly payment to some degree. Please contact us today to find out if a FHA loan is right for you.

Like an FHA loan, VA loans are private loans insured by the federal government. VA loans are only available to qualified military veterans. These loans are only available for their own primary residences and have a $1,000,000 loan limit. For information on qualifying for this loan program please give us a call today.

Construction loans are used to finance the construction of a new home. Whether you're interested in building a brand new home for you and your family or you're looking to construct a commercial property we can help craft a terrific lending solution. Each loan is as unique as the property you're looking to construct. We look forward to your questions about construction loans. Please call us to find out more.

Reverse mortgage loans, also known as reverse equity loans, are only available to homeowners 62 or older. As its name indicates, this program pays the homeowner either a one-time large payout or monthly installments.  Reverse mortgage loans are great options for seniors looking to increase their monthly incomes. Contact us for more details.