Mortgage Type of Loans | AWM Lending

Post# A519445 · Las Vegas · Posted by: awmlending
Type Of Loans - Fixed Rate Loans, Adjustable Rate

Loans, FHA Loans, VA Loans Available at

Fixed Rate Loans :-

30-, 25-, 20-, 15- and 10-year terms are all 

available with fixed rate.Buy a home with as little as

5% down (primary home).Refinance up to 95% of your

primary home's value.Monthly payments remain the same

for the entire loan term.

Adjustable Rate Loans :-

3/1, 5/1, and 7/1 ARM's. Monthly payments based on 

a 30 year repayment schedule.Provides veterans with

flexible lending options and loan security.The rate

stays fixed for the first 3, 5, or 7 years (depending

on chosen term), and then adjusting annually


FHA Loans :-

3.50% down payment required on purchase.Minimum 

credit score usually 620.Post-bankruptcy qualifying -

2 years after.Post-foreclosure qualifying - 3 years


VA Loans :-

Competitive interest rates that are routinely 

lower than conventional rates.Sellers can pay up to 6

percent of closing costs and concessions.Higher

allowable debt-to-income ratios than for many other

loans.0% down payment required on purchase.

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