Mortgage Loan Options
Explore our various mortgage loan options to help you accomplish the dream of homeownership.
Types of Loans
Our Loans
From traditional loans at competitive rates to special programs for first-time buyers and refinancing, our team of experts will support you in finding the best financial solution to fit your needs.
Fixed Rate Mortgage
The interest rate and payments remain the same throughout the term of the loan.
Traditionally, borrowers are expected to provide a 20% down payment, although this is not necessarily mandatory. Please contact us for details on down payment requirements. Available terms generally range from 10 years, 15 years, 30 years, and 40 years.
FHA Loan
An FHA loan provides a government-insured loan with flexible loan options.
These loans are popular with borrowers who do not have sufficient funds to pay a traditional 20% down payment because they only require a 3.5% down payment to qualify. Those who choose these loans are required to pay mortgage insurance which slightly increases their monthly payments.
VA Loan
The VA Loan is a valuable tool that military members and veterans can use to pursue homeownership.
Like an FHA loan, VA loans are private loans insured by the federal government. VA loans are only available to qualified military veterans with their families. These loans are only available to these individuals for their own primary residences. For information on how to qualify for this loan program, call us today.
First-time Buyers
Before you find your new home, we can help you get pre-qualified and find a loan program that's right for you.
First-time homebuyers have many questions, and our loan specialists are always available to provide personalized attention. They can explain the application process, give you tips during your home search, and ensure you find the perfect home for your needs and budget.
Refinance Mortgage Loans
Homeowners looking to reduce their interest rate may want to consider refinancing.
Depending on your situation, a refinance loan may be an excellent option. In addition to lowering your interest rate, refinance loans can also help you consolidate debt, reduce the term of your loan, and get money for home improvements or other expenses.
Investment Property
The interest rate and payments remain the same throughout the term of the loan.
Whether you are looking for an investment property or a vacation home, Blandon Financial Group provides the same level of attention and personalized service for a mortgage loan.
Our pre-qualification process will ensure that you are ready to purchase an investment or vacation property.
Reverse Mortgage Loans
Reverse mortgage loans, also known as reverse equity loans, are only available to homeowners age 65 and older.
As the name implies, this program pays the owner a lump sum or monthly fee. Reverse mortgage loans are excellent options for seniors looking to increase their monthly income. Contact us for more details.
Construction Loans
Construction loans are used to finance the construction of a new structure.
Whether you want to build a new home for yourself and your family or develop a commercial property, we can help you create an excellent loan solution. Each loan is as unique as the property you want to build.
We look forward to your questions about construction loans. Please call us for more information.
BENEFITS
We are ready to provide you with a great experience.
With our team of experts and a wide range of financing options, we will walk you through every step so you can get the best mortgage to suit your needs.
