Many first time homeowners are choosing to consider FHA insured loan programs which can permit an easier time to qualify for a mortgage loan with as little as 3.5% down payment limiting your upfront costs.
Conventional Fixed Rate Mortgage
Conventional fixed rate loans are offered up to a 30 year term and are made available through government sponsored organizations known as Fannie Mae and Freddie Mac. The fixed rate and payments are fixed for the life of the loan dependent upon the term selected.
VA Home Mortgages
VA homes are available to help veterans, active duty military, National Guard, reservists, and surviving spouses to afford the homes they deserve. The Department of the Veterans Affairs determines the eligibility dependent upon the length and type of service by the service member.
Adjustable Rate Mortgage (ARM)
ARM loan are loans based upon market indexes that become adjustable after a fixed rate period between 5, 7 or 10 years. The interest rate could go up or down dependent upon the market factors. Typically starting ARM rates can be lower than traditional fixed rate mortgages.
Golden Empire Mortgage
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Is your old APR (Annual Percentage Rate) too high? Estimate the benefits of refinancing using this calculator.
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What they're saying about GEM...
- Hilda and her assistant were very helpful through out the entire process. They explained everything clearly and answered any questions I had.Maury R
- Rosalba Burgos is amazing. She does not sugar-coat her responses and answers your questions in a professional manner. I am glad she assist me to refinance my home. Thank you and keep up the good work.Adalin L
- Hilda and Tiffany were very helpful and explained things clearly and with detail. Will only deal with them when looking for lendingChaunyee H