|
Jumbo Fixed Rate Mortgages
Jumbo, or non-conforming, mortgages have loan amounts that exceed
the limits established by The Federal National Mortgage Association
(Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie
Mac). In 2003, jumbo mortgages have a loan amount in excess of $322,700
for a one-unit property. Loan limits vary by the number of units
a property has. Please refer to Conforming Fixed Rate Mortgages
for a list of all conforming loan limits.
Balloon Mortgages
Balloon mortgages are typically have a 30-year term with a balloon
payment required after 15 years. The interest rate and monthly payment
is typically lower than a standard fixed rate. This is an excellent
choice if you don't plan to be in your home for a long period of
time or you expect interest rates to decline over time.
Free
Mortgage Rate Quote
Low/No Down Payment Mortgages
Two of the largest barriers to homeownership in America are lack
of savings and a less-than-perfect credit rating. We offer affordable
financing with flexible guidelines to meet most any need.
Government Mortgage Loans
If you're looking for a great fixed rate program with little or
no down payment, an FHA or VA may be a smart choice. An FHA loan
typically requires just 3% down and eligible veterans can receive
100% financing through the Veterans Administration.
Home Equity Lines of Credit
access the equity you've built up in your home to finance remodeling
projects, pay for education or take a trip to Costa Rica.
3/1 ARM
The 3/1 ARM has an initial fixed rate period of three years. Thereafter,
the interest rate and monthly payment then adjusts every six months.
5/1 ARM
The 5/1 ARM has an initial fixed rate period of five years. Thereafter,
the interest rate and monthly payment then adjusts every six months.
7/1 ARM
The 7/1 ARM has an initial fixed rate period of seven years. Thereafter,
the interest rate and monthly payment then adjusts every six months.
Get
a Free Mortgage Rate Quote
There has never been a better time to join the homeowners club
and enjoy the financial benefits of visiting a wholesale loan outlet
where brokers & lenders present their most competitive mortgage
rates & home loan programs.
Submit your application online with M.R.P and you'll get the nations
best pricing quickly from the lenders across the country. Give Mortgage
Rates Plus the opportunity to check out our loan programs online
and you'll see that we mean fast, effective business.
Take advantage of today's historic low rates to make home improvements,
lower your payments, consolidate debt, or take cash out. We will
connect you with you with 2 to 3 lenders who can help you find you
the loan that's right for you, even if you've been turned down before.
Lock
Your Mortgage Rate Now
|
