Home Loans

money-real-estateGetting the right type of real estate home loan is an important part of the home buying process. In this section of my web site I have put together some basic information regarding the types of real estate home loans that are common in the market today.

 

Fixed-rate mortgages Fixed rate mortgages are mortgages where the interest rate stays the same for the entire term of the loan. The advantage to a fixed rate mortgage is that if you lock a relatively low rate, your payment won’t go up when rates do.

 

Adjustable-Rate Mortgages With an adjustable rate mortgage, the rate of the loan can change throughout the term of the loan. The rate of the loan is based on adding points to a fixed base.

 

Hybrid loans A hybrid loan combines a fixed period along with an adjustable component. Usually these loans are fixed for a period of time and then the loan becomes adjustable where it is dependant on current rates.

 

FHA real estate home loans An FHA loan is a loan in the United States that is insured by the Federal Housing Administration.

 

VA real estate home loans A 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.

RSS Real Estate News

  • Pacaso is now offering shares in homes for as little as $130K
    The new price point marks a strategy shift for the company, which buys homes in vacation markets, converts them into LLCs and sells shares to up to eight buyers.
  • Mastering Social Media with Sotheby’s International Realty
    In this hour session Sotheby’s International Realty will explore what has worked for the three brokers to grow their business and drive leads with their online personalities. Pull back the curtain on approaches to social marketing Explore panelist philosophy on digital media How to hone your virtual curb appeal to elevate your career

Home Equity Acceleration Plan



RSS Market News