Home Loans: You don’t need perfect credit to get a loan from the Harshley Mortgage Company family. Our Loan Officers are specially trained to meet your individual needs, whether you have perfect or less than perfect credit. When you fill out an application, your Loan Officer meets with you person to person. That way you’ll get to know us, and we’ll get to know you. Then your Loan Officer can work effectively with you to design a program best suited to meet your specific financial needs. This type of loan is most popular with homeowners who have homes that are appreciating in value and who want the lowest payment possible. Qualified borrowers make interest-only payments with the choice to make higher payments in order to reduce the principal. There is a variety of options, including making interest only payments during the first 3, 5, or 7 years of these mortgages. A mortgage in which the interest rate is adjustable periodically based on a pre-selected index. This often has lower monthly payments, and it also has a ceiling above which payments cannot go. A loan which combines monthly bills (for example, high interest credit cards and car loans) into one new low low-interest home loan with one low monthly payment. This type of home loan can save a borrower hundreds of dollars every month.
Fixed-Rate Mortgage: A mortgage in which the interest rate will remain the same throughout the entire term for the original borrower.
Home Equity Line of Credit (HELOC): A loan for which you can either receive a large sum of money or have an open line of credit that can be drawn as it is needed, with, typically, low interest rates.
Purchase Loan: loan to purchase a home.
Refinance: new loan made to a borrower who currently owns a property or has a first mortgage on it. Refinancing either pays off the existing mortgage with a new first mortgage, or a second mortgage is made in addition to the existing first mortgage. You can call us for more details regarding the above loan programs and find out how one of our personal Loan Officers can help you with a loan that matches your unique needs.
Home Loans: You don’t need perfect credit to get a loan from the Harshley Mortgage Company family. Our Loan Officers are specially trained to meet your individual needs, whether you have perfect or less than perfect credit. When you fill out an application, your Loan Officer meets with you person to person. That way you’ll get to know us, and we’ll get to know you. Then your Loan Officer can work effectively with you to design a program best suited to meet your specific financial needs. This type of loan is most popular with homeowners who have homes that are appreciating in value and who want the lowest payment possible. Qualified borrowers make interest-only payments with the choice to make higher payments in order to reduce the principal. There is a variety of options, including making interest only payments during the first 3, 5, or 7 years of these mortgages. A mortgage in which the interest rate is adjustable periodically based on a pre-selected index. This often has lower monthly payments, and it also has a ceiling above which payments cannot go. A loan which combines monthly bills (for example, high interest credit cards and car loans) into one new low low-interest home loan with one low monthly payment. This type of home loan can save a borrower hundreds of dollars every month.
Fixed-Rate Mortgage: A mortgage in which the interest rate will remain the same throughout the entire term for the original borrower.
Home Equity Line of Credit (HELOC): A loan for which you can either receive a large sum of money or have an open line of credit that can be drawn as it is needed, with, typically, low interest rates.
Purchase Loan: loan to purchase a home.
Refinance: new loan made to a borrower who currently owns a property or has a first mortgage on it. Refinancing either pays off the existing mortgage with a new first mortgage, or a second mortgage is made in addition to the existing first mortgage. You can call us for more details regarding the above loan programs and find out how one of our personal Loan Officers can help you with a loan that matches your unique needs.