A great advantage to working with First Equity Direct is our access to hundreds of loan programs. You’ll always find a great rate and the right program with us.
Fixed Rates
A fixed rate loan is a popular product among our clients as it gives borrowers long-term security.
- Secure rate, never changes
- One fixed payment every month
Adjustable Rates
An adjustable rate loan can save you money every month and makes sense for many borrowers.
- Low rate for a set number of years
- Save money every month
Interest Only
For some borrowers, an interest-only option makes financial sense and can keep initial payments low.
- Lower initial monthly payments
Jumbo Loans
A jumbo loan carries a loan amount that exceeds $417,00. All the same products above apply to a jumbo home loan but often with different criteria.
- Loans in excess of $417,000
Stated Income and Other Special Circumstances
Most loans don’t fit into conventional lending standards. For example, many borrowers choose to “state” what they earn rather than document it. When you have special circumstances, there a few things to expect:
- Potentially higher interest rate
- Fewer available programs