Community banks and local mortgage companies are the best option for meeting all of your mortgage needs. They will personally walk you through the entire loan process. They are small enough to faithfully serve their clients with accurate and reliable estimates and rate quotes for the best loan customized to your needs.

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What is the difference between fixed rate and variable rate mortgages? A fixed rate mortgage is a loan where the principal and interest payments never change during the life of the loan. A variable rate mortgage, also known as an adjustable rate mortgage is a loan where the interest rate can change periodically.

The changes in the interest rate are tied into the market that exists at the time the rate is subject to change. They usually offer lower interest rates than fixed rate mortgages, but can adjust upward if interest rates go up. There is a predefined cap which defines how high the interest rate can adjust. Fixed rate mortgages are beneficial to those who are on a fixed income (adverse to interest rate change), and those who prefer fixed payment schedules.

Adjustable rate mortgages are advantageous for those who do not plan to stay in their home for a long time, for those borrowers who do not qualify at higher fixed interest rates, and those who can financially handle fluctuating payments. Many mortgage companies offer several no money down 100% financing options, including programs that allow the closing costs to be financed above 100%. Specialty Programs may offer no ratio or asset verifications and no documentation loans.

Damaged Credit
If your credit is less than perfect, you can find dozens of loan programs to fit your needs. If your credit has been damaged through temporary unemployment, unforeseen medical expenses or just plain too many bills, you can find damaged credit departments that are willing to take the time to quickly find you all of your available loan options.

The fact is, many companies are willing to take the time to search, call, fax and e-mail potential lenders to find you the best available loan programs. Find 100% financing options, stated income, and no documentation loans, including loans, even if you are 1 day out of a discharged bankruptcy! Find a customized loan that will get you back on track or get the cash you desperately need!

• Conforming Loans
• Jumbo Loans
• Adjustable Rates Loans
• Fixed Rates Loans
• No Money Down Loans
• Construction Loans
• Home Equity Loans
• Debt Consolidation Loans
• Home Equity Programs
• Home Equity Lines of Credit
• FHA Refinance
• Veteran’s Loans

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