New Home Loan
We understand that your home financing needs change with the stages of life. Our experienced and knowledgeable loan officers aim to make your experience simple and enjoyable. We strive to make you feel at home before and after you are in your own home.
We offer a variety of programs and services, including but not limited to:
Extended Locks
Customized Mortgages
Interest Only Options
Investment Properties
Jumbo Loans
FHA/VA Loans
The most common types of mortgage loans are:
Fixed-Rate Loan: A loan with an interest rate that remains constant throughout the life of the loan.
Adjustable Rate Loan: A loan with an interest rate that may change. The rate may go up or down based on the caps on the rate. The rate is tied to a margin and an index.
Balloon Loan: A fixed rate loan that is amortized over an extended period of time but comes due at the end of a shorter term. Some of these loans have an option to extend the loan at a new rate of interest at the end of the balloon.
FHA Loan: FHA loans are insured by the Federal Housing Administration. They have a lower down payment requirement and offer higher qualifying ratios.
VA Loan: VA loans are available to veterans, in-service military and certain other reservists. VA guarantees a percentage of the loan.