Below are the various options available for financing your new home. With a variety of loan programs available, your Loan Officer will help you to identify the best program available to meet your financial goals.
Conventional Conforming Loans
Down Payment Assistance (DPA) Loans
Fixed Rate Mortgages
Your interest rate will remain constant over the life of the loan.
Your monthly principal & interest payments will not change.
Great for home buyers who prefer a stable monthly payment.
Adjustable Rate Mortgages (ARMs)
Your interest rate will fluctuate with the applicable interest rate index over the life of the loan.
The ARM starting interest rate is generally lower than the comparable fixed rate.
The frequency of interest rate changes varies depending on the type of ARM loan selected.