Home buyers have access to several types of mortgage loans: fixed-rate, adjustable-rate, balloon/reset mortgages, reverse mortgages and VA/FHA mortgage loans. Fixed-rate Mortgages A fixed-rate mortgage loan means that the borrower locks in a specific rate and pays the same amount each month fo...
you can rest assured that you’re getting professional advice, transparent communication, and clear explanations about each mortgage option available to you. Our loan or refinance offerings include traditional Fixed-Rate Mortgages, Jumbo loans, VA loans, USDA loans, Reverse Mortgages, and so much mor...
government securities, mortgage-backed securities, and asset-backed securities. In periods of rising interest rates, the rate of prepayment tends to decrease, thereby lengthening the average life of the underlying securities. Conversely, in periods of falling interest rates, the rate of prepayment ...