Home Loan

Whether you are purchasing your first home or refinancing a home you’ve owned for years, we can help. We can help you find the right home loan for your needs. Contact us today and let one of our skilled representatives help you save money on your next home loan.

Why Choose Us for Your Home Loan?

We believe that a company with integrity that’s committed and believes in strong team work is the best way to provide a high level of customer satisfaction. Customer satisfaction is our top priority with each and every one of our customers. We believe in providing the most professional service possible so that you can be truly happy with your new home loan.

  • Integrity – We believe that a company is nothing without integrity. Without integrity you can never build a solid reputation. You can always count on us to be completely honest and open with you every step of the way when applying for your new home loan. We are 100% committed to helping you achieve the American Dream of home ownership in any way that we can.
  • Commitment – Our commitment to our customers is always our top priority. Our highly skilled representatives are well versed in the most current trends and practices in the financial industry. We stay ahead of the curve to provide world-class service to everyone we work with. We always treat our customers with the utmost respect and understanding during the entire loan process. Let us help you demystify the home loan process with our unique expertise.
  • Teamwork – As the saying goes, no man is an island and we couldn’t agree more. Our team works together to help coordinate and review the loan process to guarantee accuracy. We will work hard to make sure you are always getting the best possible service. Of course, the most important part of our team during the home loan process is you. That’s why we keep you in the loop so you can stay in the know the entire time.

What Type of Home Loan is Right for You?

There are many different types of home loans available. Below you’ll find some information regarding the types of mortgages we provide.

  • Fixed Rate Mortgage – Fixed Rate Mortgages are the most common type of mortgage available and account for about 70% of all mortgages we serve. Your interest rate will be locked in for the life of the loan which means you never have to worry about your payments going up.
  • Adjustable Rate Mortgage – Also known as ARMs, this type of mortgage has become increasingly popular. These mortgage, as the name implies, have an adjustable mortgage rate that varies based on prevailing market conditions. This means your payments will also fluctuate depending on your current interest rate.

These two main categories are umbrella terms that could be used to describe a number of different mortgages including the following:

  • FHA Loan – These home loans are designed specifically for first time homeowners who may have a lower income. These loans are backed by the Federal Housing Administration which makes them easier to qualify for than a traditional mortgage. Not only that but they typically have a lower interest rate and require less money down.
  • Option ARM – AKA flexible payment ARMs these home loans have a variable interest rate that changes every single month. They typically start with a low interest rate which can increase over time, sometimes quite dramatically.
  • Interest Only Mortgage – This type of mortgage allows a homeowner to pay only interest if they choose. This allows for a much lower payment. Typically after a certain period of time the homeowner will have to begin paying principal as well.

Home Equity Loans & Lines of Credit

Home equity loans and lines of credit allow you to borrow money using the equity of your home as collateral. The equity of your home is basically the difference between what your home is worth and how much you owe. Say your home is worth $500,000 and you only owe $200,000, you would then have approximately $300,000 in equity. This money can be used for major expenses such as college, medical bills and even home improvements.

  • Home Equity Loan – This type of loan is just like a traditional loan. You receive a lump sum payment and have regular monthly payments that stay the same throughout the life of the loan, except in the case of variable interest rate loans.
  • Home Equity Line of Credit – This line of credit borrowed against your home equity is a revolving credit account, much like a credit card. You are allowed to borrow money as you choose and may have a different payment amount every month based on how much you owe.

Home Loan Refinancing

If you’re unhappy with your current mortgage for any reason you can always refinance your home loan. Refinancing basically pays off your old mortgage and starts a brand new one. You can even refinance a primary and secondary mortgage into a single home loan that’s easier to manage. Typically, the process of refinancing your home is similar to getting your mortgage the first time.
The best reason to refinance your mortgage is to lower your interest rate which will lower your monthly payments. If your credit score has improved or the market has changed significantly since you first took on your mortgage then you may want to consider refinancing. On a $200,000 loan you can save approximately $100 per month for every percentage point you can lower your interest rate. A lower interest rate can not only lower your payment but help you to pay off your home loan faster and build equity fast.