Loan Programs

You may have heard the term ‘no-cost refinance’ on the radio or on TV, but what does that really mean?  Typically, a no-cost refinance…Read More »

The terms ‘conforming’, ‘high-balance’, ‘super-conforming, ‘jumbo’, ‘non-conforming’, ‘super-jumbo’ can make your head spin – just what does all of this mean?  Each of these terms has to do with…Read More »

As the name suggests – a fixed rate loan means that the interest rate is ‘fixed’ for the term of the loan and they come in four flavors (10, 15, 20, 30-yr fixed mortgages).  Most clients opt for…Read More »

A reverse mortgage is a loan available to homeowners, 62 years or older that allows you to convert part of the equity in your homes into cash. With a Reverse Mortgage the bank makes monthly payments to you based on…Read More »

Insured by the Federal Housing Administration, FHA loans have soured in popularity since the mortgage crisis of 2008.  The reason is because you can get into a home with as little as…Read More »

For qualified military veterans, active duty servicemen and women and eligible surviving spouses, a VA loan might be the mortgage solution for…Read More »

A home equity line of credit (HELOC) is a second mortgage on your home and is typically used for two main purposes.  The most common is to avoid costly PMI on a home purchase or refinance that is typically associated with…Read More »