Mortgage Programs For Homebuyers

The JMGroup at Sentrix Financial Services, Inc.

Mortgage Programs for Homebuyers                                                                                                                                      

Which loan program is right for you?

 

Fixed Rate Mortgage

Know exactly what your payments will be with a monthly principal and interest payment monthly that won’t change.

  • No interest rate change
  • Stability of knowing your monthly principal & interest payment
  • Pick a popular term (10, 15, 20, 25, 30) or choose your own term (e.g., 17 years)

 

Adjustable Rate Mortgage

Get a low initial rate for a period of years. After that, the rate adjusts annually.

  • Great rates
  • Typically lower initial monthly payments
  • 3/1, 5/1, 7/1 adjustable rate terms

 

FHA Loans

A popular loan option for first time homebuyers or those seeking a low down payment loan.

  • Flexible income, credit, and down payment qualifications
  • U.S. government insured
  • 10, 20, 30 year fixed rate terms or 3/1, 5/1, 7/1 adjustable rate terms

 

VA Loans

Eligible veterans of U.S. armed forces receive government home mortgage benefits and flexible requirements.

  • Low to no down payment option
  • No mortgage insurance premium (MIP)
  • 10, 15, 20, 25, 30 year fixed rate terms or 3/1, 5/1, 7/1 adjustable rate terms

 

Jumbo Loans

If you need a bigger mortgage, get a Jumbo Loan.

  • Competitive rates
  • 10, 15, 20, 25, 30 year fixed rate term option or 3/1, 5/1, 7/1 adjustable rate term option

 

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