CONVENTIONAL LOANS

A Conventional 30 Year Fixed Rate loan is a fully amortizing loan with a fixed interest rate for the life of the loan. These features assure that your loan will be fully paid off over the 30 year period and that you will not be exposed to principal and interest rate shock. Monthly payments provide for the payment of interest, principal reduction, payment of escrows for taxes, hazard insurance, flood insurance, if required, and mortgage insurance, if applicable. Ask your loan officer for the details regarding your specific loan.
Term: 30 years
A Conventional 15 Year Fixed Rate Loan is a fully amortizing loan with a fixed interest rate for the life of the loan. These features assure that your loan will be paid in full in 15 years and that you will not be exposed to principal and interest rate payment shock. Monthly payments provide for the payment of interest, principal reduction, payment of escrows for taxes, hazard insurance, flood insurance, if required, and mortgage insurance, if applicable. Ask your loan officer for details regarding your specific loan.
Term: 15 years

FHA LOANS

An FHA 30 Year Fixed Rate loan is insured by the Federal Housing Administration. It is a fully amortizing loan with a fixed interest rate for the life of the loan. These features assure that your loan will be fully paid off over the 30 year period and that you will not be exposed to principal and interest rate payment shock. Monthly payments provide for the payment of interest, principal reduction, payment of escrows for taxes, hazard insurance, flood insurance, if required, and FHA mortgage insurance premium. Ask your loan officer for details regarding your specific loan.
Term: 30 years
The FHA 15 Year Fixed Rate loan is insured by the Federal Housing Administration. It is a fully amortizing loan with a fixed rate for the life of the loan. These features assure that your loan will be fully paid off over the 15 year period and that you will not be exposed to principal and interest rate payment shock. Monthly payments provide for the payment of interest, principal reduction, payment of escrows for taxes, hazard insurance, flood insurance, if required, and FHA mortgage insurance premium. Ask your loan officer for details regarding your specific loan.
Term: 15 years

A USDA 30 Year Fixed Rate is a fully amortizing loan with a fixed rate for the life of the loan. These features assure that your loan will be fully paid off over the 30 year period and that you will not be exposed to principal and interest rate payment shock. Monthly payments provide for the payment of interest, principal reduction, payment of escrows for taxes, hazard insurance and flood insurance, if required. Ask your loan officer for details regarding your specific loan.
Term: 30 years

A VA 30 Year Fixed Rate loan is guaranteed by the Veterans Administration. The loan is a fully amortizing loan with a fixed interest rate for the life of the loan. These features assure that your loan will be fully paid off over the 30 year period and that you will not be exposed to principal and interest rate payment shock. Monthly payments provide for the payment of interest, principal reduction, payment of escrows for taxes, hazard insurance, flood insurance, if required, and VA funding fee. Ask your loan officer for details regarding your specific loan.
Term: 30 years
A VA 15 Year Fixed Rate loan is guaranteed by the Veterans Administration. The loan is a fully amortizing loan with a fixed interest for the life of the loan. These features assure that your loan will be fully paid off over the 15 year period and that you will not be exposed to principal and interest rate payment shock. Monthly payments provide for the payment of interest, principal reduction, payment of escrows for taxes, hazard insurance, flood insurance, if required, and VA funding fee. Ask your loan officer for details regarding your specific loan.
Term: 15 years