Mortgage-Adjustable-Rate Mortgages (ARM’s) start at a low fixed rate for a specified amount of time but then become variable throughout the life of the loan.
Fixed-Rate Mortgages charge a set interest rate that does not change throughout the life of the loan.
FHA Loans are mortgages that are insured by the Federal Housing Administration and issued by an FHA-approved lender.
VA Loans are mortgage loans available through a program established by the United States Department of Veterans Affairs.
USDA Loans are mortgage loans that provide people in low-population, rural areas with the opportunity to buy a home.
A Cash-Out Refinance is a mortgage refinancing option that replaces the previous mortgage loan with a new mortgage loan of a higher value,
Rate & Term Refinance–
A Rate & Term Refinance is a mortgage refinancing option where the original loan amount does not change, but the interest rate and/or term of the loan changes.