Mortgage Loans

We offer various mortgage loans to help individuals achieve homeownership.

Common mortgage loan term options

30-Year Fixed Rate Mortgage

The 30-year fixed-rate mortgage loan is the most common term option. it gives you lower monthly payments if you plan to live in your home long-term.

15-Year Fixed Rate Mortgage

A 15-year fixed rate mortgage loan offers a lower interest rate and higher monthly payments. This term allows you to build equity and repay your loan much faster.

FHA Loan

The Federal Housing Administration insures this loan. FHA loans are popular for first-time homebuyers. It allows borrowers to finance homes with down payments as low as 3.5%. This option suits those who may not have saved enough for a more significant down payment. This loan option grants people with a lower credit score the opportunity of owning a home.

Conventional Loans

Conventional loans are originated, backed, and serviced by private mortgage lenders. Conventional loans are categorized as conforming and non-conforming under the Federal National Mortgage Association (Fannie Mae) guidelines and the Federal Home Loan Mortgage Corporation (Freddie Mac).

Mortgage Refinance

This is the process a homeowner goes through to change the interest or terms of a current loan. This allows the homeowner to

Lower their monthly payments.
Lower the interest rate.
Cash-out refinance allows the owner to receive funds from the home’s equity for home renovation.

VA Loan

VA loans are backed up by the U.S. Department of Veteran Affairs. This loan option may offer lower interest rates and no down payment for active military personnel, veterans, and eligible surviving spouses to become homeowners.

Jumbo Loan

Jumbo loan is a mortgage used to finance properties that that exceeds the limits of $766,550 set by the Federal Housing Finance Agency (FHFA).

USDA Loan

A USDA home loan is for low- and moderate-income homebuyers in predominantly rural areas. USDA loans are part of a national program created by the U.S. Department of Agriculture to help create loans for first-time homebuyers or people who don’t meet conventional mortgage requirements.

Non - QM Loan

Non-QM loan is any financing product that doesn’t meet the Consumer Financial Protection Bureau (CFPB) standards. Non-QM loans feature flexible income and credit requirements. Borrowers may be able to use alternative methods of income documentation, such as tax returns, bank/investment account statements (or other proof of assets), rental income, or 1099s, to demonstrate their ability to repay the loan.