Types of Loans
Adjustable Rate Loans are a great fit for home buyers who plan to sell or refinance their home between 5 and 10 years. Adjustable Rate Loans offer the lowest initial rate available.
A bridge loan is a short-term loan used until a person or company secures permanent financing or removes an existing obligation. This type of financing allows the user to meet current obligations by providing immediate cash flow. The loans are short term, up to one year, with relatively high interest rates and are usually backed by some form of collateral such as real estate or inventory.
Commercial real estate (CRE) is income-producing real estate that is used solely for business purposes, such as retail centers, office complexes, hotels, and apartments. Financing – including the acquisition, development, and construction of these properties – is typically accomplished through commercial real estate loans: mortgage loans secured by liens on commercial, rather than residential, property.
Down Payment Assistance Grant
NHF's multi-state Down Payment Assistance (DPA) programs which provide DPA in the form of a non-repayable grant.
Down Payment Assistance Programs
They provide a set amount of money to qualified home buyers that they can use to cover their down payment or closing costs.
FHA is a Government insured loan that helps people buy and refinance real estate even when life has thrown you a curve ball.
Fixed rate loans are the standard in home loans, and are available in a variety of terms from 10 to 30 years. This loan offers a consistent payment throughout the life of the loan.
Hard Money Loans
A hard money loan is a specific type of asset-based loan financing through which a borrower receives funds secured by real property. Hard money loans are typically issued by private investors or companies.
For home mortgages $417,000 and larger, Jumbo loans help you get into your dream home.
VA Home Loans
The VA Loan is a home-mortgage option available to United States Veterans, Service Members and not remarried spouses. VA Loans are issued by qualified lenders and guaranteed by the U.S. Department of Veterans Affairs (VA).