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•What is a 30-year Fixed Mortgage?
A mortgage in which the interest rate does not change during the entire 30-year term of the loan.

•What is a 15-year Fixed Mortgage?
A mortgage in which the interest rate does not change during the entire 15-year term of the loan.

•What is a 3-1 ARM?
An adjustable-rate mortgage (ARM) that has a fixed interest rate for three years. After that, the interest rate is adjusted annually based on the value of a specified index on a specific date each year

•What is FHA/VA Loan?
Government sponsored loans such as the Federal Housing Administration (FHA) or the Veterans Administration (VA) offer house seekers another option to buy in the home market. Perfect for first-time buyers, low-to moderate-income, buyers with limited cash, and for those who have minor credit problems, these loan programs usually feature low down payments and below-market interest rates. CLICK HERE TO VISIT THE VA WEBSITE.

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