30 Year Fixed Mortgge Loans This loan locks in a rate for 30 years, the life of the loan, and can be an excellent choice for qualified borrowers that want to remove the uncertainty of adjustable rates mortgages or plan on staying in their home for an extended period of time.
15 Year Fixed Mortgage Loan This loan locks in a rate for 15 years, the life of the loan, and can be an excellent choice for qualified borrowers that want to remove the uncertainty of adjustable rates mortgages and are wishing to pay the home off sooner.
30 Year Fixed Mortgage with Interest Only Payments for 10 Years This loan locks in a rate for 30 years, the life of the loan but gives you the options of paying only the interest payment for the first 10 years. This would be an excellent choice for qualified borrowers that want the security of a fixed rate but lower payments for the first ten years of the loan.
3/1 Adjustable Rate Mortgage This loan has a fixed rate for the first 3 years and then it become an adjustable rate mortgage. This loan is a good option for qualified borrowers not planning on staying in there home for more than 3 years or borrowers who are expecting an increase in future income. This loan is not a good option for hourly or fixed income borrowers who are going to remain in their home for longer than 3 years.
5/1 Adjustable Rate Mortgage This loan has a fixed rate for the first 5years and then it become an adjustable rate mortgage. This loan is a good option for qualified borrowers not planning on staying in there home for more than 3 years or borrowers who are expecting an increase in their future income. This loan is not a good option for hourly or fixed income borrowers who are going to remain in their home for longer than 5 years.
Refinance This program offers qualifying existing homeowners a way to take advantage of today’s lower rates, lower payment amounts, or take cash-out of you home.
Cash Out and Debt Consolidation Loans Unlock cash from available home equity. Barron Lending offers qualified borrowers several options to access that cash. FHA Loans If you are worried about qualifying for a home loan, an FHA loan could be a great option. VA Loans VA loans offer qualified veterans financing with no down payment and no mortgage insurance. The Expanded Approval Loan Helps qualified borrowers with impaired credit obtain conventional financing with interest rates and costs more favorable than in the subprime market. Second Homes / Investment Homes Explore options for affordable ways that may make buying a second home possible.
Jumbo Loan Loans amounts that exceed the industry standard of a conventional mortgage.
Commerical Loans Barron Lending has many loan programs for Commerical and Appartment buildings.
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Call Barron Lending for more information on the different mortgage programs.
954-298-6678
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