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Types of Loans

Types of Loans

Adjustable Rate Mortgage in Forest Hills, SC

Adjustable Rate Mortgage in Forest Hills, SC

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 Forest Hills, SC

Conventional Loans in Forest Hills, SC

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 Forest Hills, SC

Down Payment Assistance Loans in Forest Hills, SC

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

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FHA 203k Home Loans in Forest Hills, SC

FHA 203(k) Streamline in Forest Hills, SC

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 Forest Hills, SC

FHA Loans in Forest Hills, SC

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 Forest Hills, SC

FHA Streamline Refinance in Forest Hills, SC

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 Forest Hills, SC

First-time Buyer Programs in Forest Hills, SC

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 Forest Hills, SC

Fixed-rate Mortgages in Forest Hills, SC

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

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Home Affordable Refinance Program in Forest Hills, SC

Home Affordable Refinance Program in Forest Hills, SC

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 Forest Hills, SC

Jumbo up to 3 million in Forest Hills, SC

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 Forest Hills, SC

FHA Jumbo Loans in Forest Hills, SC

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

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One Loan With No Monthly PMI in Forest Hills, SC

One Loan With No Monthly PMI in Forest Hills, SC

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 Forest Hills, SC

Refinancing in Forest Hills, SC

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 Forest Hills, SC

Reverse Mortgages in Forest Hills, SC

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 Forest Hills, SC

Reverse Purchase Mortgages in Forest Hills, SC

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 Forest Hills, SC

THDA Loan in Forest Hills, SC

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 Forest Hills, SC

USDA Home Loans in Forest Hills, SC

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 Forest Hills, SC

VA Loan in Forest Hills, SC

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 Forest Hills, SC

Conventional Financing up to 97% LTV in Forest Hills, SC

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

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3 Ways to Contact Us

2 Ways to Contact Us


Mortgage Investors Group, based in Tennessee, offers residential financing in a number of states in the southeast, See MIG Service Areas. Terms and conditions to apply to home financing. We want to share with you the loan terms vary based on several characteristics and your financial profile. These include but are not limited to loan program, loan purpose, occupancy, credit history, credit score, assets, and other criteria per loan type. The repayment terms and interest rate may vary from time to time. The terms represented here are based on certain assumptions outlined below and/or noted on the loan outline page. Additional details concerning privacy, program disclosures, licensing specifics may be found at migonline.com Legal Information.

MIG Loan Officers will help gather the information needed for an individual assessment to provide home financing which matches the loan characteristics with your home financing needs based on your financial profile, when you are ready to begin a full loan application. For estimates and general information before that step, the basis for which the mortgage financing information are as follows:
  • Rates are subject to change at any time.
  • Rate locks are available at current terms for 30 to 180 days based on program type, credit profile, property location, etc. which will affect the available rate and term.
  • Payments will vary based on program selection, current rates, property location, etc.
  • Not all programs are available in all states.
  • Some loan programs may not be available to first time home buyers.
  • Terms and conditions apply, which may include restrictions or limits per loan program.
  • Information is generally based on primary residence occupancy with no cash out when refinancing.
  • Unless otherwise stated, terms shown are estimates based in part on credit score of 700 or higher; owner occupancy, escrow account is established for taxes and insurance(s); debt-to-income ratio no higher than 43.0%; PMI applies to conventional loan programs over 80.0% LTV; VA,FHA & RD require insuring fees included in loan and/or payment; fixed rate, 30 year term.

An MIG Loan Officer is available to help with your financial details to determine which characteristics apply to your situation for a personalized look into which loan program best fits your home financing needs. Please use the Find a Loan Officer link or reach out to Mortgage Investors Group at 800-489-8910. Equal Housing Lender 1.2020