Types of Mortgages
All mortgage plans can be divided into categories in two different ways. Firstly, conventional and government loans. Secondly, all the various mortgage programs may be classified as fixed rate loans, adjustable rate loans and their combinations.

more»

FHA Loans
The Federal Housing Administration (FHA), which is part of the U.S. Dept. of Housing and Urban Development (HUD), administers various mortgage loan programs. FHA loans have lower down payment requirements and are easier to qualify than conventional loans.

more»

VA loans
VA loans are guaranteed by U.S. Dept. of Veterans Affairs. The guaranty allows veterans and service persons to obtain home loans with favorable loan terms, usually without a down payment. In addition, it is easier to qualify for a VA loan than a conventio

more»

Conforming Loans
Conventional loans may be conforming and non-conforming. Conforming loans have terms and conditions that follow the guidelines set forth by Fannie Mae and Freddie Mac. These two stockholder-owned corporations purchase mortgage loans complying with the gui

more»

Jumbo Loans
Loans above the maximum loan amount established by Fannie Mae and Freddie Mac are known as 'jumbo' loans. Because jumbo loans are bought and sold on a much smaller scale, they often have a little higher interest rate than conforming, but the sprea

more»

Reverse Mortgages
A reverse mortgage is a special type of home loan for older Americans that lets a homeowner convert a portion of the equity in their home into cash -- with no repayment until the last surviving borrower dies, sells the home, or no longer lives in the home

more»

CHF Access to 99.5%
The CHF ACCESS Program is designed to assist low-to-moderate income homebuyers with the purchase of a home, by providing a means to finance most of the down payment on a home purchase. Many times this means families and individuals can purchase a home muc

more»

Home Path
Home Path is a special financing offer for Fannie Mae owned properties. This program offers low down payments and flexible mortgage terms. You may even qualify is your credit is less then perfect. It is available to both owner occupants and investors. The

more»