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
Calculate your monthly payment with applicable financial charges, PMI, hazard insurance, and property taxes.
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...
- First home buyer here! We had less than two months left until our lease is up on our apartment before and we needed to move asap to find a place to live. I was referred by the Magee Family in Taft to speak to Arturo with Mortgage Connection after being denied from Chase and Amerisave. Wow! What an experience of service that was a breathe of fresh air. He communicated nights and weekends, got oAndrew S
- This is my second transaction with Art & his crew at Mortgage Connections and I can’t recommend them enough. They pull strings, get stuff done and make sure that everyone is happy during the whole process. ART IS THE MAN!!!!!!!Bryce H
- Good comunicationAsencion S