Today's Rates *
*=This is only an estimate, provided for illustrative purposes only. Actual rates and payments may vary. It does not constitute a quote.
The most common type of loan option, the traditional fixed-rate mortgage includes monthly principal and interest payments which never change during the loan's lifetime.
(ARM) Adjustable rate mortgages include interest payments which shift during the loan's term, depending on current market conditions.
Interest only mortgages are home loans in which borrowers make monthly payments solely toward the interest accruing on the loan rather than the principle for a specific time period.
Graduated payment mortgages are loans in which Mortgage payments increase annually for a predetermined period of time. (e.g. five or ten years)
There are several types of loan programs available for homebuyers, each with its own features, benefits, and eligibility requirements. Here are some of the most common loan programs:
Each loan program has its own unique features and requirements, so it's important for homebuyers to research and compare their options carefully to find the loan that best suits their financial needs and goals.
You can use a reverse to get monthly cash to fit your lifestyle
With a reverse you can keep your home and still offer it to your heirs
You can your spouse must be at least 62 and own the home
Take advantage of today's historically low rates, a lower payment can provide security in uncertain times.
If your house has increased in value, you can use that equity to get cash-out, for whatever you need!
Rates on 15 year mortgages can make the payment similar but the pay-off years sooner!
*=This is only an estimate, provided for illustrative purposes only. Actual rates and payments may vary. It does not constitute a quote.