|
First Time
Buyer |
Special
incentive programs for first-time home buyers. |
|
Fixed Rate
Loans |
Monthly
payment of principal and interest does not change over
the life of the loan. You are protected if interest
rates go up and can refinance if rates go down. |
|
Adjustable
Rate Loans |
Interest
rates and payments may go down if rates improve or up if
interest rates increase. |
|
Cash Out /
Home Equity Loan |
Allows you to
refinance your current mortgage and to cash out some of
your equity in the form of cash. |
|
Interest-Only
Loans |
Save hundreds
on every monthly payment. |
|
Stated Income
Loans |
Do not need
to verify income. |
|
Poor Credit
Loans |
Potential for
reestablishing credit if you pay your mortgage on time
and when used for debt consolidation, you may be able to
reduce your monthly debt payment. In some cases, avoid
foreclosure. |
|
Debt
Consolidation |
Consolidate
bills into one low monthly payment. Save and have more
cash at the end of the month. Pay off high interest
loans such as credit cards, auto, second mortgages, and
etc... Make your interest a tax deduction. |
|
Investment
Properties |
Loans for
rental properties or properties not used as a residence
by the borrower. |
|
Secondary
Homes |
Programs for
secondary residences and seasonal homes. |
|
No PMI
Programs |
No Private
Mortgage Insurance |
|
No Points No
Closing Program |
Programs
where you pay no closing costs |
|
Lines of
Credit |
Revolving
lines of credit, secured by your home equity. |