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| Fannnie Mae Loans |
| FHA Loans |
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Fannnie Mae Loans
Fixed rate 30 year mortgages
Term: 30 years
Maximum Amount: $729,750
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No prepayment penalties |
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FHA Loans
Low down payments (3.5%) and safe secure financing (30 year fixed rates) that are 100% insured by the Federal Housing Administration through the US department of Housing and Urban Development.
Term: 30 years
Maximum Amount: $729,750
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| | Fixed Rates
Easily refinancable when rates drop
Assumable to subsequent buyers
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Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $417,000 for the contiguous states, District of Columbia, and Puerto Rico or below $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $417,000 with closing costs of $8,340. Jumbo Loans (whose maximum loan amount exceed $417,000 for the contiguous states, District of Columbia, and Puerto Rico or exceed $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $1,000,000 with closing costs of $20,000. Your actual APR may be different depending upon these factors.
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