LOAN PROGRAMS
We will make sure you have the best loan options for your situation.
Whether you have owned 10 homes, or this is your first time, we offer the most comprehensive menu of loan options that will fit your needs!
We offer a wide selection of loan programs for every need.
Our menu of loan products can serve first-time homebuyers, investors, move-up buyers, cash-out refinances for debt consolidation, Veterans, and more.
30 Year Fixed-Rate
The most popular loan program, with longer-term affordable, and fixed payments.
BENEFITS
- Affordable Lending Programs Available
- Low Down Options down to 3%
- Fixed Payments
Jumbo
For Borrowers looking for financing exceeding conforming loan limits, or high-cost areas.
BENEFITS
- Loan amounts up to $3M
- Flexible underwriting guidelines
- Down payments options as low as 10%
FHA
Great for first-time homebuyers, borrowers with credit events, and those needing low down payments.
BENEFITS
- Down payment options as low as 3.5%
- Flexible underwriting guidelines
- Low MIP (Mortgage Insurance Premium)
USDA Rural Development
Excellent choice for buyers looking to purchase in markets outside major cities, in USDA eligible areas.
BENEFITS
- No down payment
- Low PMI (Private Mortgage Insurance) even compared to programs with a down payment
- Great rates
VA
Exclusively offered to US veterans and active-duty personnel. Low rates and flexible guidelines.
BENEFITS
- No Down Payment for eligible veterans
- Low Rates
- Flexible underwriting guidelines
Non-QM
Great option for buyers who may need out-of-the-box solutions like self-employed, investors, or near-miss.
BENEFITS
- Expanded underwriting guidelines
- Lots of programs
- Great alternative to Conforming
Other available loan options.
An adjustable-rate mortgage (ARM) is a type of home loan in which the interest rate is not fixed but varies over time, typically based on a predetermined index and a margin. The initial rate for an ARM is often lower than that of a fixed-rate mortgage, and it remains constant for a specified introductory period. After this period, the rate adjusts periodically, usually annually, based on fluctuations in the reference index.
Adjustable-rate mortgages are best suited for borrowers who expect their financial situation to improve over time, plan to sell or refinance their home before the initial fixed-rate period ends, or are willing to take on the risk of interest rate fluctuations in exchange for a potentially lower overall cost. ARMs can be advantageous when interest rates are predicted to decrease, as borrowers can benefit from lower monthly payments after the rate adjustment.
However, it’s essential to be aware that the interest rate and monthly payments may increase significantly when the adjustment period begins, depending on market conditions. Borrowers should carefully consider their financial stability, risk tolerance, and future plans before choosing an adjustable-rate mortgage.
Get started on your journey today!
Apply Online and let one of our experienced Mortgage Professionals guide you to your financial goals!
Discover the opportunity to own your dream home with our Down Payment Assistance Mortgage Loans. These specially designed financial solutions cater to first-time buyers and low-income individuals, reducing the initial burden of a hefty down payment. Our goal is to break down financial barriers and promote affordable homeownership. Learn more about qualifying criteria, loan terms, and repayment options.
Let us guide you through every step of your journey towards home ownership. We are committed to making your dream home more than just a dream.
Get started on your journey today!
Apply Online and let one of our experienced Mortgage Professionals guide you to your financial goals!
Navigate the path to homeownership more comfortably with our Seller-Funded, Mortgage Temporary 2-1 Buydowns. This financial strategy allows you to start off with lower initial payments, giving you the breathing room you need in the early years of your mortgage. Over time, your payments increase gradually to a predetermined rate. These buydowns are funded by the seller and are negotiated along with the other terms of your offer.
Get an overview of this innovative lending solution and understand how it can ease your financial stress during the initial mortgage period.
With our RateReduce Temporary, and Permanent Buydowns, we’re committed to transforming the complex world of mortgages into a simple, accessible journey. Explore our website today to learn more and apply online. Your dream home could be closer than you think!
Get started on your journey today!
Apply Online and let one of our experienced Mortgage Professionals guide you to your financial goals!
Applicant subject to credit and underwriting approval. Not all applicants will be approved for financing. Receipt of application does not represent an approval for financing or interest rate guarantee. Restrictions may apply, contact Rate for current rates and for more information. Applicant subject to credit and underwriting approval. Not all applicants will be approved for financing. Receipt of application does not represent an approval for financing or interest rate guarantee. Restrictions may apply, contact Rate for current rates and for more information. All information provided in this publication is for informational and educational purposes only, and in no way is any of the content contained herein to be construed as financial, investment, or legal advice or instruction. Rate, Inc. does not guarantee the quality, accuracy, completeness or timelines of the information in this publication. While efforts are made to verify the information provided, the information should not be assumed to be error free. Some information in the publication may have been provided by third parties and has not necessarily been verified by Rate, Inc. Rate, Inc. its affiliates and subsidiaries do not assume any liability for the information contained herein, be it direct, indirect, consequential, special, or exemplary, or other damages whatsoever and howsoever caused, arising out of or in connection with the use of this publication or in reliance on the information, including any personal or pecuniary loss, whether the action is in contract, tort (including negligence) or other tortious action. Rate does not provide tax advice. Please contact your tax adviser for any tax related questions.
Guaranteed Rate, Inc. is a private corporation organized under the laws of the State of Delaware. It has no affiliation with the US Department of Housing and Urban Development, the US Department of Veterans Affairs, the Nevada Department of Veterans Services, the US Department of Agriculture, or any other government agency. No compensation can be received for advising or assisting another person with a matter relating to veterans’ benefits except as authorized under Title 38 of the United States Code.
Both temporary and permanent RateReduce options are available from participating builders and sellers on select properties. Buyer paid RateReduce options are also available for qualified borrowers on any approvable property per loan product restrictions.
Using funds from a Cash-out Refinance to consolidate debt may result in the debt taking longer to pay off as it will be combined with borrower’s mortgage principle amount and will be paid off over the full loan term. Contact HHL Group for more information.