How Do I Finance My
Home Purchase?
|
Refinancing
Owning your own
home provides several benefits. In addition to the
satisfaction of being a homeowner, you can build equity,
enjoy tax deductions, say "good bye" to your landlord and
take control of your living environment.
more information >> |
Interest Only Loans
Interest only loan programs
provide the same features as fixed and variable rate
programs, and they additionally offer a lower payment
option. With an interest only loan payment option, you pay
only the interest portion of the payment but no principal.
|
Payment Option ARM
This loan program is an
adjustable rate mortgage with a low initial monthly payment
that will increase each year for the first five years. It
also offers other payment options to help you budget your
monthly cash flow.
|
Home Equity LoansA Home Equity
Line of Credit is like a credit card. You can borrow money up
to your credit limit, and you only get charged interest on the
portion that you borrow. |
Mortgage Topics
The following resources offer advice and research that can assist you in your decision to obtain a new home mortgage or to refinance your existing home mortgage if you need cash or would like to lower your monthly payments. interest rates


