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Types of Loans

Types of Loans

Adjustable Rate Mortgage in Java, SC

Adjustable Rate Mortgage in Java, 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 Java, SC

Conventional Loans in Java, 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 Java, SC

Down Payment Assistance Loans in Java, 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 Java, SC...

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FHA 203k Home Loans in Java, SC

FHA 203(k) Streamline in Java, 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 Java, SC

FHA Loans in Java, 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 Java, SC

FHA Streamline Refinance in Java, 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 Java, SC

First-time Buyer Programs in Java, 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 Java, SC

Fixed-rate Mortgages in Java, SC

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

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Home Affordable Refinance Program in Java, SC

Home Affordable Refinance Program in Java, 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 Java, SC

Jumbo up to 3 million in Java, 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 Java, SC

FHA Jumbo Loans in Java, SC

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

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One Loan With No Monthly PMI in Java, SC

One Loan With No Monthly PMI in Java, 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 Java, SC

Refinancing in Java, 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 Java, SC

Reverse Mortgages in Java, 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 Java, SC

Reverse Purchase Mortgages in Java, 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 Java, SC

THDA Loan in Java, 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 Java, SC

USDA Home Loans in Java, 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 Java, SC

VA Loan in Java, 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 Java, SC

Conventional Financing up to 97% LTV in Java, SC

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

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