Looking to buy a home but not sure what you need? Don’t worry! Our mortgage consultants can help you find the right mortgage loan for your budget. Here’s a breakdown of some options:
Fixed-Rate Loans
Plan ahead with confidence! Regardless of interest rate changes, a fixed-rate mortgage has a set interest rate for the life of the loan, making it easy to know what to expect. Explore conforming and jumbo mortgage loans to see what’s right for you.
Adjustable-Rate Loans
When you need a little more wiggle room in your budget, an adjustable-rate mortgage (ARM) may make sense for you. Flexible and budget friendly, these mortgage loans help get you into the home of your dreams! Discover conforming mortgage options to fit your needs.
What’s the difference between conforming and jumbo?
Great question! A primary difference between the two is the loan amount. Both confirming and non-confirming mortgage loans are available up to $806,500. A popular non-conforming loan is called a Jumbo loan, which is for loan values above $806,500, in most areas. Fixed-Rate and Adjustable-Rate jumbo loan options are available. Contact a mortgage consultant for more details.