Types of Loans in Buell, VA | Mortgage Investors Group

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Types of Loans

Types of Loans

Adjustable Rate Mortgage in Buell, VA

Adjustable Rate Mortgage in Buell, VA

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 Buell, VA

Conventional Loans in Buell, VA

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 Buell, VA

Down Payment Assistance Loans in Buell, VA

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

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FHA 203k Home Loans in Buell, VA

FHA 203(k) Streamline in Buell, VA

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 Buell, VA

FHA Loans in Buell, VA

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 Buell, VA

FHA Streamline Refinance in Buell, VA

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 Buell, VA

First-time Buyer Programs in Buell, VA

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 Buell, VA

Fixed-rate Mortgages in Buell, VA

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

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Home Affordable Refinance Program in Buell, VA

Home Affordable Refinance Program in Buell, VA

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 Buell, VA

Jumbo up to 3 million in Buell, VA

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 Buell, VA

FHA Jumbo Loans in Buell, VA

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

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One Loan With No Monthly PMI in Buell, VA

One Loan With No Monthly PMI in Buell, VA

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 Buell, VA

Refinancing in Buell, VA

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 Buell, VA

Reverse Mortgages in Buell, VA

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 Buell, VA

Reverse Purchase Mortgages in Buell, VA

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 Buell, VA

THDA Loan in Buell, VA

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 Buell, VA

USDA Home Loans in Buell, VA

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 Buell, VA

VA Loan in Buell, VA

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 Buell, VA

Conventional Financing up to 97% LTV in Buell, VA

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

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