Mortgage Type of Loans at All Western Mortgage

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Type Of Loans - Fixed Rate Loans, Adjustable Rate Loans, FHA Loans, VA Loans Available at awmlending.com Fixed Rate Loan...

  • Category: Financial & Legal Services
  • Published: 29/06/2016
  • Current Rating: /5 0 Vote

    Description

    Type Of Loans - Fixed Rate Loans, Adjustable Rate Loans, FHA Loans, VA Loans Available at awmlending.com Fixed Rate Loans :-     30-, 25-, 20-, 15- and 10-year terms are all available with fixed rate.Buy a home with as little as 5% down (primary home).Refinance up to 95% of your primary home's value.Monthly payments remain the same for the entire loan term. Adjustable Rate Loans :-     3/1, 5/1, and 7/1 ARM's. Monthly payments based on a 30 year repayment schedule.Provides veterans with flexible lending options and loan security.The rate stays fixed for the first 3, 5, or 7 years (depending on chosen term), and then adjusting annually thereafter. FHA Loans :-     3.50% down payment required on purchase.Minimum credit score usually 620.Post-bankruptcy qualifying - 2 years after.Post-foreclosure qualifying - 3 years after. VA Loans :-     Competitive interest rates that are routinely lower than conventional rates.Sellers can pay up to 6 percent of closing costs and concessions.Higher allowable debt-to-income ratios than for many other loans.0% down payment required on purchase. http://www.awmlending.com/mortgage-type-of-loans.php


    Phone Number : 7028502790

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