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Mortgage Programs

 

Just click on the links to get more information on the mortgage programs that are of most interest to you.

 

Fixed Rates

This rate is not change during the term of your mortgage loan. You have your choice of 15, 20 and 30 year fixed rate terms. This is a great choice right now based on current market conditions.

 

Interest Only Fixed Rate

You can take advantage of a low fixed rate and still get the flexibility of a low payment. Choose between a 10 year or the new 15 year interest only option.

 

Option Arm Mortgage

This is typically a 1 month arm that offers an extremely low payment. It’s a good choice for some. There is a new program offered that offers a fixed rate for 5 years called the 5 year option arm. This is a great choice for anyone considering an option arm mortgage.

 

Bad credit mortgage

There are many loan programs and options that are available. Make sure you get the advice from an expert such as a mortgage search expert at AG Financial.

 

Home Advantage Account

This is a new mortgage loan product that is a mortgage, savings, checking and home equity line of credit rolled into one. Get all the details.

   

Stated income mortgage

You need to verify employment but not income for this type of mortgage loan.

 

No Doc Loan

You don't need to verify employment or income. Very good credit is typically required.

 

Home Equity Loan

Take cash out for home improvements or bill consolidation. This is usually a second mortgage.

 

Home Equity Line of Credit

This is typically an adjustable rate tied to prime rate. You have a limit just like a credit card would. As you pay down your balance, your available credit will increase.

 

Construction Loan

Some builders require the funds from you to build the home. there are many types of construction loans to consider. The most popular program is the "all in one closing" that allows you to lock in your rate in advance for permanent financing before construction begins.

 

Bridge Loan

A particular type of loan that allows you pull equity out of the home you plan to sell to purchase your new home.

 

Home Purchase

There are many mortgage loan programs from first time home buyer to the homeowner that is looking to upgrade.

 

No Money Down Mortgage

Purchase your new home with the option of no down payment. A popular option.

 

107% Home Purchase

You can borrow enough to cover the closing costs based on credit qualification. You can get into your home with virtually nothing out of pocket.

 

NO PMI Mortgage

There are many loan programs to choose from. You may be able to avoid PMI insurance even if you put less than 20% down. This can be as simple as the way a mortgage is structured, or choose a lender that does not require this cost.

 

Good Neighbor Program

A new program to allow you to get into your new home with a small down payment and still get a great low rate.

 

Express Refinance

Utilizing the technology within the mortgage industry, allows some lenders to close a mortgage loan in as little as 5 business days.

 

Adjustable Rate Mortgage

There are many types of adjustable rate mortgages. Your rate will adjust after the initial fixed rate period. This can be in as little as one month all the way up to 10 years. You choose how long you want the fixed rate period to be. Keep in mind that the longer the fixed period, the higher the rate.

 

Interest only mortgage

This is an option that can be added to almost any mortgage product. Get the mortgage that’s custom tailored to you. A great way to reduce your mortgage payment.

 

No closing cost mortgage

There are no lender or title company fees associated with this mortgage loan. You will pay a higher interest rate. This is true with all mortgage lenders that offer this option. This may not be the best way to structure your loan if you plan on living in the home more than 3 years.

 

Second home refinance or purchase

You have many choices. Most programs are available for a second home. Use our quote request form to compare mortgage quotes.

 

Investment property refinance or purchase

You can now borrow up to 100% of your home value. Refinance for a better rate or start purchasing investments.

 

125% of home value refinance

Borrow 125% of the value of your home for bill consolidation or home improvements. Primary residences only.

 

Rehabilitation Loan

Need cash to fix your home? This mortgage loan is available for primary residences, second homes, and investment properties.

 

Home improvement loan

Want to do some home improvements? Talk with a mortgage search expert to determine which loan is right for you.

 

Cash Out Refinance

Take cash out for any reason. Consolidate bills, do home improvements. When rates are low, it's usually the cheapest way to borrow money. It's up to you on how you want to spend it.

 

Commercial property refinance or purchase

There are a host of lenders lenders with in our network that specialize in commercial property to secure the terms you are looking for.

 

Bill consolidation mortgage

Consolidate bills to save money and interest. Consolidating bills can save you hundreds or even thousands of dollars monthly.

 

 

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Check out these real estate resources when buying or refinancing your home

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