Fixed-Rate Mortgage Loans

The most common type of loan option, the traditional fixed-rate mortgage includes monthly principal and interest payments which never change during the loan’s lifetime.

A conventional loan is a loan which is sent through private lenders such as banks, credit unions, and mortgage companies.

FHA home loans are mortgages which are insured by the Federal Housing Administration (FHA), allowing borrowers to get low mortgage rates with a minimal down payment. (Must meet requirements to be eligible!)

Individual Taxpayer Identification Number loans are loans that do not require a social security number.

Bank Statement Loans allow entrepreneurs, small business owners, and self-employed borrowers to get loans without traditional documentation, such as tax returns. This allows you to focus more on your business, rather than digging through old paperwork.

Adjustable-rate mortgages include interest payments which shift during the loan’s term, depending on current market conditions. Typically, these loans carry a fixed-interest rate for a set period of time before adjusting.

VA loans are mortgages guaranteed by the Department of Veteran Affairs. These loans offer military veterans exceptional benefits, including low interest rates and no down payment requirement. This program was designed to help military veterans realize the American dream of home ownership.