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Types of Loans

Types of Loans

Adjustable Rate Mortgage in Baird, MO

Adjustable Rate Mortgage in Baird, MO

An adjustable-rate mortgage is also called an ARM; it is a popular type of mortgage with an introductory interest rate that will last for a specific period of time before resetting...

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Conventional Loans in Baird, MO

Conventional Loans in Baird, MO

When you apply for a home loan, you have the option of choosing between a government-backed mortgage, like an FHA loan or a conventional mortgage...

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Down Payment Assistance Loans in Baird, MO

Down Payment Assistance Loans in Baird, MO

For many borrowers, particularly first-time buyers, the down payment and cash for closing costs is the greatest obstacle to buying a home in Baird, MO...

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FHA 203k Home Loans in Baird, MO

FHA 203(k) Streamline in Baird, MO

Many borrowers who plan on buying a fixer-upper discover that it can be challenging to find financing, as lenders typically do not want to make a mortgage...

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FHA Loans in Baird, MO

FHA Loans in Baird, MO

The FHA loan program is one of the most popular mortgage programs in the United States. The Federal Housing Administration (FHA) does not lend money, but insures...

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FHA Streamline Refinance in Baird, MO

FHA Streamline Refinance in Baird, MO

If you have an FHA mortgage, the FHA Streamline Refinance program is the fastest and easiest way to refinance your loan. Unlike most refinance loans...

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First Time Buyer Programs in Baird, MO

First-time Buyer Programs in Baird, MO

First-time homebuyers, in particular, find it challenging to come up with their down payment and closing costs. This does not mean homeownership is unattainable...

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Fixed Rate Mortgages in Baird, MO

Fixed-rate Mortgages in Baird, MO

There are many types of home loans, although fixed-rate loans remain the most popular option for homebuyers in Baird, MO. Most fixed loans have a 15-year or 30-year term...

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Home Affordable Refinance Program in Baird, MO

Home Affordable Refinance Program in Baird, MO

The FHA loan program is one of the most popular mortgage programs in the United States. The Federal Housing Administration (FHA) does not lend money, but insures...

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Jumbo up to 3 million in Baird, MO

Jumbo up to 3 million in Baird, MO

While interest rates are usually a bit higher for jumbo loans, they have actually been very competitive over the last two years...

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FHA Jumbo Loans in Baird, MO

FHA Jumbo Loans in Baird, MO

FHA loans are popular among low- and middle-income borrowers in Baird, MO, but many are surprised to learn the FHA also insures large loans...

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One Loan With No Monthly PMI in Baird, MO

One Loan With No Monthly PMI in Baird, MO

Now, instead of having two loan payments, you can avoid costs of private mortgage insurance (PMI) with a single, affordable mortgage loan...

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Refinancing in Baird, MO

Refinancing in Baird, MO

When you refinance a loan, you pay off your existing home loan and replace it with a new one, or combine a first and second mortgage into a single new loan...

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Reverse Mortgages in Baird, MO

Reverse Mortgages in Baird, MO

A reverse mortgage is a unique type of loan that is available to homeowners who are at least 62 years old. A reverse mortgage allows homeowners to access their equity and turn it into cash...

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Reverse Purchase Mortgages in Baird, MO

Reverse Purchase Mortgages in Baird, MO

Many seniors use reverse mortgages to access the equity in their home, but recent legislation by the FHA now allows seniors to use this loan option for a home they do not yet own...

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THDA Loan in Baird, MO

THDA Loan in Baird, MO

The Tennessee Housing Development Agency (THDA) was created in 1973 to help low-income individuals and families obtain affordable home loans...

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USDA Home Loans in Baird, MO

USDA Home Loans in Baird, MO

You may be eligible for a no down payment loan through the USDA home loan program if you meet income guidelines and buy in a designated rural area.

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VA Loan in Baird, MO

VA Loan in Baird, MO

VA loans through the U.S. Department of Veterans Affairs are available to qualified veterans and military members. The VA does not make loans, but insures loans made by lenders to veterans...

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Conventional Financing up to 97% LTV in Baird, MO

Conventional Financing up to 97% LTV in Baird, MO

This program offers both the HomeReady and Home Possible options at 97%...

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