With Fixed Rate Mortgage from Greentree Mortgage Login, your interest rate and monthly payment (for principal and interest) stays the same for the lifetime of the loan.
Benefits of Fixed-rate From Greentree Mortgage Login
- You have variety of repayment periods to choose from with Greentree Mortgage Login
- No penalty for paying off the fixed rate loan early with Greentree Mortgage Login
- Stable and competitive rates that keeps payments predictable and affordable with Greentree Mortgage Login
- You have the option to pay off your mortgage sooner with bi-weekly payments or make additional payments to principal at any time.
Adjustable Rate Greentree Mortgage (ARM)
After an initial payment period, the interest rate for this loan is subject to review, can move up or down based on index specified movement.
The adjustable rate mortgage usually starts with interest rate lower than the fixed rate mortgage and as the rate changes, so does your monthly payment.
Types of Adjustable-Rate Greentree Mortgage
- Cash-Back Loan
- Balloon mortgage
Benefits of ARM Loan
- Early in the loan’s life, ARM feature an initial fixed rate for a designated time period, you then pay off the loan at annually adjusted payments and rate for the term remaining.
- Initial interest rates are typically lower than FRM giving you more cash on hand each month during the early term of the loan.
- By making additional payments to principal just before rate adjustment dates, you can reduce future monthly payments.
- VA Loan: this an exclusive benefit loan that is given to active military, veterans or eligible family members get a mortgage and purchase a new home backed by the U.S. Department of Veterans affairs
Benefits of VA Loan Greentree Mortgage
- 0% down payment with Greentree Mortgage Login
- Lower rates Greentree Mortgage Login
- Expanded options for lower credit score
- Only for the purchase of a primary property
- Less stringent qualification requirements, meaning you can qualify with a foreclosure or bankruptcy.
- No private mortgage insurance
USDA Rural Development Loan Greentree Mortgage
You are qualified for this loan if your ideal neighborhood is not a neighborhood but a quiet spot in a designated rural area.
Benefits of USDA Rural Development Loan Greentree Mortgage
- Cash reserves are not required
- Closing costs may ND financed in some cases where the property appraised higher than the purchase price
- Down payment is not required.
Benefits of ARM Loan Greentree Mortgage
- Early in the loan’s life, ARM feature an initial fixed rate for a designated time period, you then pay off the loan at annually adjusted payments and rate for the term remaining.
- Initial interest rates are typically lower than FRM giving you more cash on hand each month during the early term of the loan.
- By making additional payments to principal just before rate adjustment dates, you can reduce future monthly payments.
FHA HOME LOAN Greentree Mortgage
This is a Federal Housing Administration loan which provide option for borrowers with limited money available for a down payment.
Benefits of FHA Loan Greentree Mortgage
- Can be a great option for borrowers with limited money available for a down payment.
- 100% of a down payment can come in the form of a gift from a family member or employee; up to 96.5% financing on some loans.
- Option to choose a fixed-rate or an adjustable-rate mortgage (ARM) that adjusts annually after 5 or 7 years and offers protection from large interest rate increases at any one time.
