.com/personal/borrow/home-loans/mortgage-programs/other-programs’ target=’_blank’ rel=”noopener noreferrer – Find the Right Mortgage Program for You. In addition to conventional, FHA, VA and RD mortgage loans, Arvest Bank – Mortgage Division offers Non-Conforming loans such as Jumbo Loans, Physician Loans, Non-Conforming Standard Loans and Condominium Financing.
Get Qualified For A Home Loan What You Need to Know to Get Approved for a Home Loan. Mortgage Loan Qualification . Before house-hunting ever begins, it is good to know just how much house the borrower can afford. By planning ahead, time will be saved in the long run and applying for loans that may be turned down and bidding.15 Yr Interest Rates What is a 15-year fixed-rate mortgage? A loan used for purchasing or refinancing a home with an interest rate that never changes and a repayment term of fifteen years. Why choose a 15-year fixed-rate mortgage (frm)? Like its 30-year sibling, your interest rate (and the mortgage’s principal and interest payment) will never change.
High-Balance Loan Feature – Fannie Mae – High-Balance Loan Feature This summary is intended for reference only. All criteria are subject to the formal terms and conditions of the Fannie mae selling guide. In the event of any conflict with the document, the Selling Guide will govern. Eligibility and Underwriting Maximum Loan.
Mortgage applications fall as higher rates chill buyers – As the 30-year fixed mortgage rate climbed from 4.36% to 4.46% over a three-week period, refinance applications have tumbled 28%. The average contract interest rate for 30-year fixed-rate mortgages,
Conforming Mortgage Loans in Oregon and Washington – Conforming Mortgage Loans. These loans are conventional loans that meet bank-funding criteria set by Fannie Mae (FNMA) and Freddie Mac (FHLMC). Both of these stock-holding companies buy mortgage loans from lending institutions and secure them for resale to the investment community.