Translate this page:

Types of Loans

Types of Loans

Adjustable Rate Mortgage in Moody Cove, SC

Adjustable Rate Mortgage in Moody Cove, SC

An adjustable-rate mortgage is also called an ARM; it is a popular type of mortgage with an introductory interest rate that will last for a specific period of time before resetting...

Read More
Conventional Loans in Moody Cove, SC

Conventional Loans in Moody Cove, SC

When you apply for a home loan, you have the option of choosing between a government-backed mortgage, like an FHA loan or a conventional mortgage...

Read More
Down Payment Assistance Loans in Moody Cove, SC

Down Payment Assistance Loans in Moody Cove, SC

For many borrowers, particularly first-time buyers, the down payment and cash for closing costs is the greatest obstacle to buying a home in Moody Cove, SC...

Read More
FHA 203k Home Loans in Moody Cove, SC

FHA 203(k) Streamline in Moody Cove, SC

Many borrowers who plan on buying a fixer-upper discover that it can be challenging to find financing, as lenders typically do not want to make a mortgage...

Read More
FHA Loans in Moody Cove, SC

FHA Loans in Moody Cove, SC

The FHA loan program is one of the most popular mortgage programs in the United States. The Federal Housing Administration (FHA) does not lend money, but insures...

Read More
FHA Streamline Refinance in Moody Cove, SC

FHA Streamline Refinance in Moody Cove, SC

If you have an FHA mortgage, the FHA Streamline Refinance program is the fastest and easiest way to refinance your loan. Unlike most refinance loans...

Read More
First Time Buyer Programs in Moody Cove, SC

First-time Buyer Programs in Moody Cove, SC

First-time homebuyers, in particular, find it challenging to come up with their down payment and closing costs. This does not mean homeownership is unattainable...

Read More
Fixed Rate Mortgages in Moody Cove, SC

Fixed-rate Mortgages in Moody Cove, SC

There are many types of home loans, although fixed-rate loans remain the most popular option for homebuyers in Moody Cove, SC. Most fixed loans have a 15-year or 30-year term...

Read More
Home Affordable Refinance Program in Moody Cove, SC

Home Affordable Refinance Program in Moody Cove, SC

The FHA loan program is one of the most popular mortgage programs in the United States. The Federal Housing Administration (FHA) does not lend money, but insures...

Read More
Jumbo up to 3 million in Moody Cove, SC

Jumbo up to 3 million in Moody Cove, SC

While interest rates are usually a bit higher for jumbo loans, they have actually been very competitive over the last two years...

Read More
FHA Jumbo Loans in Moody Cove, SC

FHA Jumbo Loans in Moody Cove, SC

FHA loans are popular among low- and middle-income borrowers in Moody Cove, SC, but many are surprised to learn the FHA also insures large loans...

Read More
One Loan With No Monthly PMI in Moody Cove, SC

One Loan With No Monthly PMI in Moody Cove, SC

Now, instead of having two loan payments, you can avoid costs of private mortgage insurance (PMI) with a single, affordable mortgage loan...

Read More
Refinancing in Moody Cove, SC

Refinancing in Moody Cove, SC

When you refinance a loan, you pay off your existing home loan and replace it with a new one, or combine a first and second mortgage into a single new loan...

Read More
Reverse Mortgages in Moody Cove, SC

Reverse Mortgages in Moody Cove, SC

A reverse mortgage is a unique type of loan that is available to homeowners who are at least 62 years old. A reverse mortgage allows homeowners to access their equity and turn it into cash...

Read More
Reverse Purchase Mortgages in Moody Cove, SC

Reverse Purchase Mortgages in Moody Cove, SC

Many seniors use reverse mortgages to access the equity in their home, but recent legislation by the FHA now allows seniors to use this loan option for a home they do not yet own...

Read More
THDA Loan in Moody Cove, SC

THDA Loan in Moody Cove, SC

The Tennessee Housing Development Agency (THDA) was created in 1973 to help low-income individuals and families obtain affordable home loans...

Read More
USDA Home Loans in Moody Cove, SC

USDA Home Loans in Moody Cove, SC

You may be eligible for a no down payment loan through the USDA home loan program if you meet income guidelines and buy in a designated rural area.

Read More
VA Loan in Moody Cove, SC

VA Loan in Moody Cove, SC

VA loans through the U.S. Department of Veterans Affairs are available to qualified veterans and military members. The VA does not make loans, but insures loans made by lenders to veterans...

Read More
Conventional Financing up to 97% LTV in Moody Cove, SC

Conventional Financing up to 97% LTV in Moody Cove, SC

This program offers both the HomeReady and Home Possible options at 97%...

Read More

Let's Start Your Homebuying Journey.

MIG mascot sitting at desk