30 Year Fixed
Our 30 year fixed loan is just that: a loan with a fixed interest rate, with which is amortized - has a lifetime of - 30 years.
10/1 Arm
A 10/1 ARM is a partially fixed, partially adjustable loan. The 10 in 10/1 means that for the first 10 years, the interest rate is fixed, but it changes to an adjustable rate after 10 years.
15 Year FHA
FHA Loans are Federal Housing Administration loans, and are subject to the regulations set forth by the Federal Housing Administration.
30 Year FHA
FHA Loans are Federal Housing Administration loans, and are subject to the regulations set forth by the Federal Housing Administration.
20 Year Fixed
Our 20 year fixed loan is just that: a loan with a fixed interest rate, with which is amortized- has a lifetime of - 20 years.
3/1 ARM
A 3/1 ARM is a partially fixed, partially adjustable loan. The 3 in 3/1 means that for the first 3 years, the interest rate is fixed, but it changes to an adjustable rate after 3 years.
7/1 ARM
A 7/1 ARM is a partially fixed, partially adjustable loan. The 7 in 7/1 means that for the first 7 years, the interest rate is fixed, but it changes to an adjustable rate after 7 years.
Cost of Funds Index (COFI)
One of the indexes that is used to determine interest rate changes for certain adjustable-rate mortgages. It represents the weighted-average cost of savings, borrowings, and advances of the financial institutions such as banks and savings & loans, in the 11th District of the Federal Home Loan Bank.
Cost of Savings Index (COSI)
One of many interest rate indexes used to determine interest rate adjustments on an adjustable rate mortgage.
40 Years
The primary advantage of a 40-year fixed-rate mortgage is making monthly payments more affordable without taking on the risk of an adjustable rate. In addition to buyers in high-cost areas, the 40-year fixed mortgage also appeals to buyers with small down payments. Reducing the monthly payments on large loan amounts is accomplished by stretching the repayment term by an extra 10 years.
50 Years
The primary advantage of a 50-year fixed-rate mortgage is making monthly payments more affordable without taking on the risk of an adjustable rate. In addition to buyers in high-cost areas, the 40-year fixed mortgage also appeals to buyers with small down payments. Reducing the monthly payments on large loan amounts is accomplished by stretching the repayment term by an extra
20 years.
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Our services are devoted to any and all situations, whether you are in the market to purchase your dream home or refinance your existing one. We have hundreds of mortgage programs that can lower your current rate, assist with college educations, home improvements, debt consolidation, investment properties, and bankruptcy and foreclosure buy outs as well. 
