A traditional fixed-rate mortgage includes monthly principal and interest payments which never change during the loan's lifetime. FHA home loans are mortgages which are insured by the Federal Housing Administration (FHA). A department of the United States government that manages various programs related to food, agriculture, natural resources, rural development, and nutrition.
A jumbo loan is one way to buy a high-priced or luxury home. If you have a lower debt-to-income ratio and a higher credit score, a jumbo loan may be right for you. Common reasons for refinancing a mortgage are to take cash out, get a lower payment or shorten your mortgage term. If you're looking to finance a new home or refinance your existing mortgage contact us.
A jumbo loan is one way to buy a high-priced or luxury home. If you have a lower debt-to-income ratio and a higher credit score, a jumbo loan may be right for you. Common reasons for refinancing a mortgage are to take cash out, get a lower payment or shorten your mortgage term. If you're looking to finance a new home or refinance your existing mortgage contact us.
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