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Loan Types

CONVENTIONAL

A home loan with an interest rate that’s set for the entire term of the mortgage.

ADJUSTABLE RATE (ARM)

A home loan with an initial rate that’s fixed for a period of time, then adjusts periodically. For example, a 5/1 ARM has an interest rate that is set for the first five years and then adjusts annually.

FHA

A home loan insured by the Federal Housing Administration. FHA loans are backed by the government and designed to help borrowers of more modest means buy a home.

VA

VA loans are backed by the Department of Veterans Affairs and are available to military service members and veterans.

USDA

USDA home loans are for buyers in rural and suburban areas. The mortgages are backed or issued by the U.S. Department of Agriculture.

New Construction

We offer FHA, VA & USDA One-Time-Close (OTC) programs. With these construction loan programs borrowers can finance the construction, lot purchase, and permanent loan into a single loan.

 

(541) 647-4656

747 SW Mill View Way, Bend, Oregon 97702

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Cristi Moore NMLS 417990

©2020 Premier Mortgage Resources LLC, NMLS 1169 | Equal Housing Lender. Credit on approval. Terms subject to change without notice. Not a commitment to lend Disclaimer of Liability: This publication is intended to provide general information to our clients and friends. It does not constitute accounting, tax, or legal advice. Other disclaimers may apply based on program availability and terms.

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