Best Type of Loan if You Need To...

 

Get Cash

Stabilize Your Monthly Payment

Consolidate Debt

Shorten the Length of Your Mortgage

Lower your monthly payment

Eliminate Mortgage Payments

30-year fixed

Traditional fixed-rate mortgage for long term payment security

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20-year fixed

Payment security with even less interest paid over the life of the loan


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15-year fixed

Payment security with even less interest paid over the life of the loan


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FHA

More available equity to get cash and consolidate debt

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Adjustable Rate

Lower rate & monthly payment, especially if moving within 3-5 years

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40-year fixed

Fixed rate stability with lower payments

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Reverse Mortgage

Use the equity in your home to live better as you mature

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VA

Refinance or get cash up to 90% of home's value

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Home Equity Line of Credit

Use equity in your home to get cash or consolidate debt without lengthening the term of your home

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