Government Insured Loans
FHA | VA | USDA
Fixed & Adjustable
A jumbo loan is a nonconforming loans and ineligible to be sold to Fannie Mae or Freddie Mac. When a lender makes a nonconforming loan, they may hold it in their portfolio or sell it to a private investor.
Reverse Mortgage | HECM
What is the best option for me?
When choosing a mortgage, you need to consider a wide range of personal factors and balance them with the economic realities of an ever-changing marketplace. Individuals’ personal finances often experience periods of advance and decline, interest rates rise and fall, and the strength of the economy waxes and wanes. To put your loan selection into the context of these factors, consider the following questions:
- How large a mortgage payment can you afford today?
- Could you still afford an ARM if interest rates rise?
- How long do you intend to live on the property?
- In what direction are interest rates heading, and do you anticipate that trend to continue?