A popular loan type, conventional fixed rate loans feature a constant interest rate for the life of the life. Generally speaking, monthly payments remain constant. Traditionally borrowers are expected to provide a 20 percent down payment though this is not necessarily required.
It's easy to understand why many people looking for a new home are turning to FHA insured loan. Because FHA Loans are insured by the Federal Housing Administration, homebuyers have an easier time qualifying for a mortgage. Those who typically benefit most by an FHA loan are first-time home buyers and those who have less than perfect credit.
They offer the flexibility to finance luxury properties, with competitive interest rates and terms, catering to borrowers with strong credit histories and substantial down payments.
Lion Mortgage is your premier resource for home mortgage loans in New Jersey, New York, and Pennsylvania. We offer unparralelled service in the mortgage industry and pride ourselves in our clients success. We understand that purchasing or refinancing a home loan can be a confusing and time consuming process and strive to make your experience the best it possibly can be when financing or refinancing your home or property.
Lion Mortgage offers a multitude of loan programs and helps clients achieve their financing goals whether they are first time home buyers, looking to purchase a vacation or investment property or wanting to refinance their current mortgage for a lower interest rate or to get cash out for improvements. No matter what your mortgage needs are, Lion Mortgage makes it easy to get started. With information on all of our available loan programs, you can research different loan types and get basic mortgage information.
Getting pre-qualified is easy, simply click the APPLY NOW button or fill out the Quick Quote form to the right and one of our mortgage professionals will get back to you as soon as possible.
Lion Mortgage would be honored to be your mortgage company. Please contact us today for your best mortgage interest rate quote and home or commercial loan option.
We are licensed by the NJ and PA Department of Banking and Insurance.
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