Mortgage Loans

Buying a new home should be a pleasant experience.

We’d like to help make it that way by taking the worry out of applying for a mortgage. Select A Mortgage Loan To Fit Your Financial Situation. Before you apply for your mortgage loan, you’ll need to decide which type of loan may be right for you.

• Conventional Loans have a fixed rate and monthly payment for the entire life of the loan. It’s easy to budget for this type of loan because your payment will always be the same. The rate on a conventional mortgage loan is generally higher than an adjustable rate mortgage.
• Adjustable Rate Loans usually start with lower rates than conventional loans. We’ll let you know how much the rate can be adjusted over the life of the loan, so you’ll know from the beginning the absolute maximum amount you would ever have to pay. If you will be moving in a few years, or if you think interest rates will be going down, you’ll want to consider an adjustable rate since monthly payments may be lower.
• FHA Loans offer lower interest rates, require a relatively small down payment, and are insured through the Federal Housing Administration.

  If you would like information on your existing mortgage loan serviced by Dovenmuehle (DMI) ACCESS MY MORTGAGE   Ready to apply or request a quote?

Please call us at 559-582-4438 Ext 103.  You can also email richard@kingsfcu.com or complete the contact form below.