Home Loan Options

With only 3.5% down payment required, the FHA home loan is an incredibly popular option.  FHA largely treats a 640 credit score the same as a 740 score, so purchasing a home without penalty for mediocre credit is one click away!

FHA refinances up to 97.75% of the value of a home are one of the fastest growing loan options too.

Have Good to Great Credit?  A Conventional Home loan may be the best option for you!

Conventional home loans REWARD you for better credit with reduced interest rates AND reduced mortgage insurance for those not putting 20% down.

Loans from 2-19% down payment or equity when refinanced may also benefit from a 

NO MORTGAGE INSURANCE LOAN!

If you or your spouse is a Veteran or in some cases a reservist, a VA Home loan is an INCREDIBLE LOAN.

With 0 down payment and NO monthly mortgage insurance, VA loans often have the lowest rates around with very simple qualifications.

Is the value of your home worth signifcantly more than you owe?  You MAY BE able to take cash out of your home for improvements, college tuition, debt consolidation or other opportunities.  

A Rate and Term Refinance can be a great opportunity to lower your interest rate and lower your monthly mortgage payment.

One main misconception about refinancing is that you are REQUIRED to go back to a 30 year loan term.  In many cases we can keep your number of months remaining on your home loan so that you pay your home off in the same time AND save money!

We would LOVE to go over the savings you can achieve over the life of a loan by reducding the number of years on your home loan.

Often times, a shorter term home loan is SIGNIFICANTLY cheaper in interest rate, more of your monthly payment goes toward principal and the savings adds up quickly!