Home » Articles » Types of loans available with HFFC. We have a wide variety of products available to our customers, depending on their unique circumstances. In this article, we cover each of them in brief. Loans for home purchase (from our approved developers) This is the most common type of loan and it’s as easy as a pie.
Let’s talk about the many different loan types and programs available to prospective home buyers and existing homeowners today. There are dozens out there to choose from, and mortgage lenders are constantly coming up with creative ways to wrangle in new customers.
Different Types of Home Loans Available for First-Time Buyers Written by kimberlee leonard; updated july 18, 2017 Federal and state first-time-buyer programs can lend you a hand.
You can even choose an online financing service aggregator platform to conveniently search for all kinds of business loans. However, with better knowledge of the different types of loans you. term.
How Long Are House Loans GFO Advisory Services, LLC is a SEC registered investment adviser that provides investment advisory services to a group of private investment funds and other non-investment advisory services to affiliates. Mortgage products and services are offered through SunTrust Mortgage, a tradename for SunTrust Bank, and loans are made by SunTrust Bank.
Because of the importance of realty purchase, the financing options should be thoroughly assessed, as there are several different types of home loans available. Standard Bank Home Loans through Mortgage Plus Bond Originators offers four main types of home loans: first time buyer, standard new home loan, fix and variable rate home loans and Access Bond.
There are different types of FHA loans available today. For instance, you could take out an FHA-insured mortgage with a 30-year term and a fixed interest rate. You could also get a 5-year hybrid adjustable-rate mortgage (ARM) that is backed by the FHA.
Conventional mortgages. A conventional mortgage is a home loan that’s not insured by the federal government. There are two types of conventional loans: conforming and non-conforming loans. A conforming loan simply means the loan amount falls within maximum limits set by Fannie Mae or Freddie Mac, government agencies that back most U.S. mortgages.
This tutorial walks you through the different types of home loans available in Washington State, and explains the key features of each one. Types of Home Loans in Washington State Home buyers often feel overwhelmed by the many choices they have to make regarding their mortgage loans.