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If you are interested to Get Different Mortgage Rates And Loan Options information in detail, then you can visit our site http://www.godirectlenders.com/loan-options.php
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Different Mortgage Rates And Loan Options are conventional Fixed Rate (30, 25,20,15,10 years terms), conventional Adjustable –Rate (5/1, 7/1, 10/1), FHA Loans (Fixed, Adjustable, Purchase, Streamline, Cash-out), VA Loans etc. Fixed-rate mortgages have a set interest rate for the entire length of the term, which can be between 10 and 30 years. To off-set the risk and additional benefits awarded to them, FHA borrowers pay a monthly private mortgage insurance (PMI) along with their regular monthly payment.
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Conventional Fixed –Rate (30, 25,20,15,10 years terms) :- A conventional mortgage is a loan that is not insured by the federal government or FHA. A conventional mortgage sticks to the guidelines set by Fannie Mae and Freddie Mac, the largest purchaser of residential mortgages. The maximum limit for a conforming loan depends on your county.
FHA Loans (Fixed, Adjustable, Purchase, Streamline, Cash-out) The Federal Housing Administration (FHA) insures mortgage lenders against potential losses that may occur from borrower-default. Because the loans are insured, the guidelines are less strict and allow for more opportunities to homeowners.
We make the process as simple as possible. You don’t need to negotiate with the banks, we’ll handle everything. Call us at (888) 239-6161. http://www.godirectlenders.com/loan-options.php