If you're a homeowner age 62 or older, you can safely tap into your home equity with a reverse mortgage. Use the tax-free cash to pay off your existing mortgage and even make home repairs and improvements.
All Community Development Administration (CDA) mortgage products have low, fixed interest rates and are available with downpayment and closing cost assistance.
- Conventional Conforming Loan
Ideal when you desire a home mortgage loan within the conforming loan limit. These mortgages must conform to either Freddie Mac or Fannie Mae guidelines.
The Federal Housing Administration insures these loans to enable home buyers to purchase with a minimum down payment.
Financing is accessible to entitled veterans and is guaranteed by the Veterans' Administration.
When you need a home mortgage in excess of the conforming limit. These mortgages must conform to either Freddie Mac or Fannie Mae guidelines.
A lot mortgage is ideal if you're looking to finance or purchase an individual residential lot on which to build a home.
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