Multiple options
Choosing the proper mortgage is one of the most important decisions that a person has to make when purchasing or refinancing a home. Let the Experts at Area Home Lending help assist you in choosing the loan which works best for you.
​
Your dedicated Loan Officer will help you navigate the loan process and find the one that fits your needs best.
Aren't sure you qualify? Many state, county and local government programs offer financing for low-to-moderate income families wishing to purchase their first home. Fill out our contact form to get started.
CONVENTIONAL
Conventional Mortgage Loans are mortgage loans offered by non-government sponsored lenders. These loan types include Fixed rate, adjustable rate, hybrid, and Jumbo Loans.
FHA
FHA mortgage loans are issued by federally qualified lenders and insured by the U.S. Federal Housing Authority, a division of the U.S. Department of Housing and Urban Development.
VA
VA Loans are designed to offer long-term financing to American veterans, VA mortgage loans are issued by federally qualified lenders and are guaranteed by the U.S. Veterans Administration
RURAL DEVELOPMENT
USDA stands for United States Department of Agriculture. USDA RD loans provides low-cost insured home mortgage loans that suit a variety of options. USDA mortgage RD loans might be right for you if you want to purchase a home with no down payment.
100% FINANCING
Area Home Lending offers several true 100% financing options including USDA/Rural Development, VA, as well as bond assistant programs.
JUMBO
Jumbo Mortgage Loans exceed $453,100.00 which is the maximum loan amount established by either a Fannie Mae or Freddie Mac conventional home loan.
REFINANCE
A refinance can help with several goals and lending needs such as:
-
Reducing your current interest rate
-
Extending or shortening your current loan term
-
Consolidating debt by using the equity in your home
-
Pulling cash out for projects by using the equity in your home
Different loan types allow for different financing options. Let our experts see if you may benefit from refinancing with a quick consultation and quote.
THE PATH TO HOMEOWNERSHIP STARTS HERE.
Contact us to get started