Do you know which loan works best for you? Are you looking to obtain a loan to purchase a home? Perhaps you want to refinance your current mortgage?
Our expert team at Hall Financial can help you from the pre-approval process to when you sign on the dotted line at closing. We are here to help you every step of the way!
Your Loan Options
Fixed Rate Loans
Fixed periods of 8 to 30-years available.
Buy a home with as little as 3% down.
Refinance up to 97% of your primary home’s value.
Monthly Payment (principal & interest) will remain the same for the life of the loan
Competitive interest rates are routinely lower than conventional rates.
Sellers can pay up to 4% of closing costs
Higher allowable threshold for debt-to-income ratios than other loans
100% cashout and 0% down payment when purchasing a home.
Adjustable Rate Loans
5, 7, and 10 Year ARMs with monthly payments amortized over 30 years
The rate stays fixed for the first 5, 7, or 10 years (depending on chosen term), and then adjusts semi-annually thereafter.
HELOC
Home Equity Line Of Credit (HELOC) allows homeowners to borrow money against the equity they have in their home and receive that money as a line of credit.
If you are a homeowner, you can use this money from your home for home improvements or debt consolidation.
