Fixed Rate Loans

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

• Buy a home with as little as 5% 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, and 7/1 ARM's. Monthly payments based on a 30 year repayment schedule.

• Provides veterans with flexible lending options and loan security.

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

FHA Loans

• 3.50% down payment required on purchase.

• Minimum credit score usually 620.

• 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 closing costs and concessions.

• Higher allowable debt-to-income ratios than for many other loans.

• 0% down payment required on purchase.

Reverse Mortgage Loan

• Specialized loan for seniors 62 and older.

• A reverse mortgage allows seniors to access a portion of the equity in their home.

• No Monthly Mortgage Payments Ever

• Borrowers maintain title and ownership of their home.

• Borrower must continue to pay for taxes and insurance, home maintenance, and otherwise comply with the loan terms