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DIFFERENT MORTGAGE PROGRAMS OFFERED
Star Loan Services offers a wide variety of home loan products.
We will develop a custom loan program that is unique for you and
your needs. If you have any questions, please
contact us.
Interest-Only
- Interest only home mortgage loans
offer flexibility for spending your money as you want, leaving you
with more disposable income that can be used any way you need.
Fixed Rates - The interest rates for these types
of loans remain the same for the entire life of the loan.
Adjustable Rates - Interest rates will be lower for a
fixed period of time and then will adjust accordingly. Two popular
types of ARM loans are
Traditional ARMs and
Option ARMs.
Conforming Mortgages: Fannie Mae/Freddie Mac - Indirect
lending by shareholder owned companies that provide financing for
people with less than perfect credit.
Piggy-back Financing - Utilizing two mortgages to avoid
having to pay private mortgage insurance on your primary mortgage.
Non-Conforming - Ideal for individuals that have issues showing
their income and/or assets.
Jumbo Loans - Home mortgage loan amounts that exceed the
conforming loan limits of $417,000.
Bad Credit Mortgages - All of the loan programs we offer
are available for people with less than perfect credit. Read more
about the size of the
sub-prime
mortgage market.
125%
Equity Loans - Apply for a home equity
loan and borrow up to 125% of your home's value!
Bridge Loans - Allow existing homeowners that are in the
market for a new home to receive financing that will pay for their
closing costs.
It is very common for homeowners to utilize two mortgages, an equity
loan, and a jumbo loan. It is typical for borrowers to want to
contribute more money every month towards one of their home loans.
We feature a section that will help you
determine
which of your loans you should pay down first.
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