Real Estate Mortgage Programs

Types of Loans

 

  • Variable or Adjustable-Rate Real Estate Mortgage With an adjustable rate mortgage, the rate of the loan can change throughout the term of the loan. Many ARMs have a short fixed period and then become truly adjustable. The rate of the loan is based on adding points to a fixed base
  • Fixed-Rate Real Estate Mortgage With this type of loan, the interest rate remains consistent throughout the term of the loan.
  • Balloon Real Estate Loan A balloon loan is a real estate loan where there is a lump sum due at the end of the loan. This normally encourages an individual to refinance prior to the end of the term of the loan.
  • Jumbo Real Estate Loans A jumbo loan is any residential or commercial loan exceeding the guidelines of Fannie Mae and Freddie Mac. 
  • FHA Real Estate LoansAn FHA loan is a loan in the United States that is insured by the Federal Housing Administration. 
  • VA Real Estate LoansA VA loan is a loan in the United States guaranteed by the Veterans Administration. The loan may be issued by qualified lenders. The VA was designed to offer long-term financing to American Veterans or to their surviving spouses.

 

Get Information About Loan Types

Below is a quick form to fill out so I can help you find your answers about loans. Note: By filling out this form you are not obligated to obtain a loan. This is strictly for your desire to receive professional information regarding financing real estate. Information collected here is confidential and will not be shared.

Do you need additional information regarding getting Laguna Hills home financing and North Tustin real estate mortgage services? Please fill out the following short real estate mortgage information request form. All inquiries will be responded to in a timely fashion and your information will be kept strictly confidential.