Improvements, Escrows for Repairs, or New Construction
A rate and term refinance will replace (payoff) your exiting mortgage and replace it with a new mortgage.
A cash out refinance will replace (payoff) your existing mortgage with a larger loan and pays out the difference directly to the borrower.
USDA loans are for customers seeking to purchase a primary residence in eligible rural areas defined by the USDA.
VA loans provide home financing for veterans and their families. Veterans, service members and their surviving spouses may qualify for a VA loan.
FHA loans are regulated and insured by the Federal Housing Administration (FHA). FHA loans allow for down payment as low as 3.5%.
Jumbo loans exceed the conventional/conforming loan limits. These are often referred to as non-conforming loans.
Conventional loans offer fixed and adjustable interest rate options. The most common terms selected are 30 and 15 year conventional mortgages.