Mortgage Options

  • This agency-regulated-product offers a variety of loan terms.
  • The interest rate is set at the time of closing and remains constant over the entire loan term.
  • Transactions with less than 20% invested into the value of the property will typically require Private Mortgage Insurance, which can be removed when certain criteria is met.
  • Minimum down payment programs are available for qualified applicants.

  • This agency-regulated-product offers a variety of initial fixed-rate periods of 3, 5, 7, or 10 years.
  • The interest rate is set at the time of closing and remains constant over the initial fixed-rate period.
  • Once the fixed-rate period expires, the interest rate can increase or decrease on an annual basis.
  • Transactions with less than 20% invested into the value of the property will typically require Private Mortgage Insurance, which can be removed when certain criteria is met.

  • The USDA mortgage program is for homes located in rural areas, including open country and places with a population of 10,000 or less.
  • This program offers fully amortizing, fixed-rate mortgage financing and is guaranteed by the U.S. government and requires no down payment.