eLendingNow's Adjustable Rate Mortgage's offer the option of a fixed rate for 1 year, 3 year, 5 year, 7 year or 10 year; providing a lower interest rate than the traditional 30 year loan. This will allow you a lower payment option.
Fixed principle and interest payment for the term of the loan. Security coming from an interest rate that will not change for 30 years.
The Federal Housing Administration (FHA) provides mortgage insurance on loans made by FHA-approved lenders throughout the U.S. FHA mortgage insurance provides lenders with protection against loss as the result of homeowners defaulting on their mortgage loans. FHA offers both fixed- and adjustable-rate mortgages that accommodate a low down payment from the borrower.
The Veterans Administration loan program enables veterans and active duty personnel to purchase or refinance a home with favorable loan terms. VA offers fixed- and adjustable-rate mortgages that can accommodate no down payment on many purchase transactions.
The Guaranteed Rural Housing mortgage loan program offers 30-year fixed-rate mortgage financing guaranteed by the U.S. government through USDA Rural Development
|
|
|
|
| Calculate your mortgage
payment |
|
|
Very Fast, Very Simple and the Very Best Rates – the slogan says it all! With financing options available in North Dakota and South Dakota we'll be there with you every step of the way through your home lending experience. Purchase, refinance, loan programs, calculators, online applications and many more options to serve you.
|
