Discover all Your Home Loan Options!

If you’re actively shopping for a mortgage, it’s important to explore all your options. Each loan program has different guidelines and is intended to meet the specific needs of home buyers. In short, not every loan is for everybody. Mortgage loans don’t have to be confusing! At Shore Mortgage, our loan officers are highly knowledgeable in their field. They will educate and match you with a home loan program that best accomplishes your goals. Talking with an experienced loan officer is the first step to finding which loan program you qualify for and best fits your financing needs.

We’re always working to offer you flexible loan programs that can accommodate current market trends. Here’s a sneak peek at what we have to offer:

FHA Loans

FHA loans are great for first time home buyers and people who need home financing solutions that offer a lower down payment and flexible credit terms.

VA Loans

As part of the GI Bill, VA loans are designed to make home ownership affordable for veterans and are guaranteed by the U.S. Department of Veteran Affairs. VA mortgages may be approved with no down payment, making them ideal for first-time buyers.

Fixed Rate Mortgages

This type of home loan carries a term ranging between 10 and 30 years and has a fixed rate throughout the life of the loan. Fixed rate loans offer the benefit of locking in at a low rate without having to anticipate rate and payment fluctuations.

Adjustable Rate Mortgages

Adjustable-rate mortgages have a set amount of time where the interest rates are locked in at a very low rate. Once this period has passed, the interest rates will adjust as the market adjusts. This home loan program is great for people trying to accomplish short-term financial goals like paying down high-interest debt.

Harp Mortgages

The Home Affordable Refinance Program, also known as HARP, is a government-sponsored program designed for homeowners who owe more than their home is worth, to refinance into a more affordable monthly payment.

Jumbo Loans

If you’re in the market to purchase a home and need financing above $417,000, a jumbo loan is what you need! Jumbo loans are available for conventional or FHA loan programs with the option of a fixed rate or adjustable rate.

The financing solutions you’ve been looking for are just a phone call away. Contact a Lend Plus Licensed Mortgage Banker to discover your options today at 800-379-1328