LOAN TYPES

Fixed Rate Loans

• 30-, 25-, 20-, 15- and 10-year terms are all available with fixed rate.

• Buy a home with as little as 1% down (primary home).

• Refinance up to 95% of your primary home's value.

• Monthly payments remain the same for the entire loan term.

Adjustable Rate Loans

• 3/1, 5/1, 7/1 and 10/1 ARM's. Monthly payments based on a 30 year repayment schedule.

• The rate stays fixed for the first 3, 5, 7 or 10 years (depending on chosen term), and then adjusting based on loan terms.

FHA Loans

• 3.50% down payment required on purchase.

• Minimum credit score of 600.

• Post-bankruptcy qualifying - 2 years after.

• Post-foreclosure qualifying - 3 years after.

VA Loans

• Competitive interest rates that are routinely lower than conventional rates.

• Sellers can pay up to 6 percent of the purchase price towards buyer's closing costs.

• 0% down payment allowed on purchases.