Conforming Mortgage Loans
A conforming loan is a residential mortgage that is eligible for purchase by the Fannie Mae (FNMA) and Freddie Mac (FHLMC).. You may want to get a conforming loan because rates are lower and funding is easier.
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Interest Only Loan
The loan product commonly called 'Interest Only Mortgage' is an interest only payment option which is offered on fixed rate (FRM) or adjustable rate (ARM) mortgages or on option ARMs.
Freddie Mac Relief Refinance
Relief Refinance Mortgage offering allow LTV ratios up to 105 percent, unlimited TLTV/HTLTV ratios, and relief from standard mortgage insurance requirements to provide qualified borrowers with expanded refinancing opportunities.
Fannie Mae DU Refi Plus
Fanie Mae DU Refi Plus simplifies the process of refinancing loans that are already in a lender's servicing portfolio. This product supports a 125 percent maximum LTV and MI flexibilities for LTVs over 80 percent.
Balloon Payment Mortgage
Balloon loans are short term mortgages that have some features of a fixed rate mortgage. The loans provide a level payment feature during the term of the loan, but as opposed to the 30 year fixed rate mortgage, balloon loans do not fully amortize...
Adjustable Rate Mortgage (ARM)
An ARM is a mortgage with an interest rate that may vary over the term of the loan...
Fixed Rate Mortage
With a fixed rate mortgage, the interest rate does not change for the term of the loan, so the monthly payment is always the same.
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