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| Bi-Weekly Program |
| Conforming Loans |
| Fixed Rate Mortgages |
| Imperfect Credit Loans |
| Interest-only Mortgages |
| Refinance with Cash Out |
| Reverse Mortgage |
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Bi-Weekly Program
Owning your own home is the classic American dream. Since most of us are not able to pay cash for that dream, we need to borrow the funds and put ourselves in debt for a good portion of our lives. This debt is usually repaid based on standards set by the lending institution.
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Conforming Loans
Conforming long-term, fixed-rate and adjustable loans that meet Fannie Mae and Freddie Mac loan limits and property and borrower guidelines. Generally has higher loan limits than FHA and VA.
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Fixed Rate Mortgages
We offer 10-, 15-, 20- and 30-year terms on both primary and secondary residences.
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Imperfect Credit Loans
Allows borrowers with less-than-perfect credit to qualify for competitive interest rates to consolidate debt and lower payments or make home improvements.
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Interest-only Mortgages
Interest only loans allow the borrower to make payments of only interest for a set period of time. After that period, the payments will adjust to include principal and interest at an amount that allows the loan to be paid off over the remaining term. An interest only mortgage is ideal if you need to keep the mortgage payments on your home as low as possible.
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Refinance with Cash Out
A refinance with "cash out" occurs when the amount of the new mortgage exceeds the amount needed to repay the first mortgage, and associated costs. The borrower can choose to use the additional cash for any purpose.
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Reverse Mortgage
Allows borrowers to retain ownership of their property and receive a monthly check representing a portion of the equity in the property. No money is due until the roperty is sold, the owner dies, or an agreed upon date is reached.
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Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $417,000 for the contiguous states, District of Columbia, and Puerto Rico or below $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $359,650 with closing costs of $7,193. Jumbo Loans (whose maximum loan amount exceed $417,000 for the contiguous states, District of Columbia, and Puerto Rico or exceed $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $1,000,000 with closing costs of $20,000. Your actual APR may be different depending upon these factors.
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