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30 Year Fixed Mortgage
The interest rate remains the same for the 30 Year period.
Term: 30 years Maximum Amount: $417,000
- Homeowners who will not be moving within 7 years.
- Homeowners wanting a traditional mortgage
20 Year Fixed Mortgage
The interest rate remains the same for the 20 year period.
Term: 20 years Maximum Amount: $417,000
- Homeowners who will not be moving within 7 years.
- Homeowners wanting a traditional mortgage
15 Year Fixed Mortgage
The interest rate remains the same to the 15 year period.
Term: 15 years Maximum Amount: $416,999
- Homeowners who will not be moving within 7 years.
- Homeowners wanting a traditional mortgage
10 Year Fixed Mortgage
The rate remains the same for the 10 year period.
Term: 10 years Maximum Amount: $416,999
- Homeowners who will not be moving within 7 years.
- Homeowners wanting a traditional mortgage
30 Year Jumbo
The rate remains the same for the 30 year period.
Loans greater than $417,000
Term: 30 years Maximum Amount: $1,500,000
- Homeowners who will not be moving within 7 years.
- Homeowners wanting a traditional mortgage
- Loan amounts greater than $417,000
3/1 Libor ARM
This is an Adjustable Rate Mortgage (ARM) . Rate remains fixed for a 3 year period and then begins to adjust.
Rates based on Libor Security.
Term: 30 years
- plan to live in property more than 3 years
- like initial payment stability, can accept later changes
OR
- plan to move within 3 years
- want loan to remain in force in case plans change
3/1 Treasury ARM
This is an Adjustable Rate Mortgage (ARM).
The rate remains fixed for a 3 year period and then begins to adjust.
Rates based on Treasury Security
Term: 30 years
- plan to live in property more than 3 years
- like initial payment stability, can accept later changes
OR
- plan to move within 3 years
- want loan to remain in force in case plans change
3/1 Interest Only Libor ARM
- plan to live in property more than 3 years
- like initial payment stability, can accept later changes
OR
- plan to move within 3 years
- want loan to remain in force in case plans change
Required Payment is Interest Only.
Term: 30 years
- Anyone looking for a low rate and payment
- Planning on moving within 3 years
- Reduce required payment. Only pays the interest on the loan amount.
5/1 Libor ARM
This is an Adjustable Rate Mortgage (ARM).
The rate remains fixed for a 5 year period and then begins to adjust.
Rates based on Libor Security
Term: 30 years
- plan to live in property more than 5 years
- like initial payment stability, can accept later changes
OR
- plan to move within 5 years
- want loan to remain in force in case plans change
5/1/ Interest Only Libor
This is an Adjustable Rate Mortgage (ARM).
The rate remains fixed for a 5 year period and then begins to adjust.
Rates based on Libor Security
Payment is Interest only.
Term: 30 years
- plan to live in property more than 5 years
- like initial payment stability, can accept later changes
- Reduce required monthly payment
OR
- plan to move within 5 years
- want loan to remain in force in case plans change
- Reduce required monthly payment
7/1 Libor ARM
This is an Adjustable Rate Mortgage (ARM).
The rate remains fixed for a 7 year period and then begins to adjust.
Rates based on libor security
Term: 30 years
- plan to live in property more than 7 years
- like initial payment stability, can accept later changes
OR
- plan to move within 7 years
- want loan to remain in force in case plans change
7/1 Interest Only Libor ARM
This is an Adjustable Rate Mortgage (ARM).
The rate remains fixed for a 7 year period and then begins to adjust.
Rates based on Libor Security
Payment is based on Interest Only for the loan amount.
Term: 30 years
- plan to live in property more than 7 years
- like initial payment stability, can accept later changes
- Reduce required Monthly Payment
OR
- plan to move within 7 years
- want loan to remain in force in case plans change
- Reduce required monthly payment
FHA 30 Year Fixed
FHA loans have been helping people become homeowners since 1934.The Federal Housing Administration (FHA) – which is part of HUD – insures the loan, so Southeast Mortgage can offer you a better deal. Maximum loan amounts vary county to county, please contact us for more details.
FHA might be just what you need. Your down payment can be as low as 3.5% of the purchase price, and most of your closing costs and fees can be included in the loan. Available on 1-4 unit properties.
Want a fixer-upper?
FHA has a loan that allows you to buy a home, fix it up, and include all the costs in one loan. Or, if you own a home that you want to re-model or repair, you can refinance what you owe and add the cost of repairs - all in one loan.
Term: 30 years
- Homeowners who will not be moving within 7 years.
- Homeowners wanting a traditional mortgage
- Low down payments
- Low closing costs
- Easy credit qualifying
Southeast Mortgage is your resource for FHA mortgages. Call on of our specialists today for a free consultation.
We are your FHA loan Specialists!
FHA 15 Year Loan
FHA loans have been helping people become homeowners since 1934.The Federal Housing Administration (FHA) – which is part of HUD – insures the loan, so Southeast Mortgage can offer you a better deal. Maximum loan amounts vary county to county, please contact us for more details.
Term: 15 Years
- Homeowners who will not be moving within 7 years.
- Homeowners wanting a traditional mortgage
- Low down payments
- Low closing costs
- Easy credit qualifying
FHA might be just what you need. Your down payment can be as low as 3.5% of the purchase price, and most of your closing costs and fees can be included in the loan. Available on 1-4 unit properties.
Want a fixer-upper?
FHA has a loan that allows you to buy a home, fix it up, and include all the costs in one loan. Or, if you own a home that you want to re-model or repair, you can refinance what you owe and add the cost of repairs - all in one loan.
VA 30 Year Fixed
VA home loan program is available to help veterans finance the purchase or refinancing of homes with favorable loan terms and at a rate of interest which is competitive with the rate charged on other type of mortgage loans. For VA housing loan purposes, the term "veteran" includes certain members of the Selected Reserve, active duty service personnel and certain categories of spouses.
Term: 30 years
- Homeowners who will not be moving within 7 years.
- Homeowners wanting a traditional mortgage
Southeast Mortgage is a regional VA lender. We are your VA loan Specialists. Call us today to speak to one of our VA home mortgage specialists.
VA 15 Year Fixed
VA home loan program is available to help veterans finance the purchase or refinancing of homes with favorable loan terms and at a rate of interest which is competitive with the rate charged on other type of mortgage loans. For VA housing loan purposes, the term "veteran" includes certain members of the Selected Reserve, active duty service personnel and certain categories of spouses.
Term: 15 years
- Homeowners who will not be moving within 7 years.
- Homeowners wanting a traditional mortgage
Southeast Mortgage is a regional VA lender. We are your VA loan specialists. Call us today to speak to one of our VA home mortgage specialists.
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