Refinancing your current home loan with 1st Florida Mortgage can help you lower your monthly payment, stretch your budget, pay off existing debts, or simply present you with cash.
A conventional loan is a mortgage that is backed by insurance. As with other amortized loans, your 30-year fixed-rate mortgage's early payments are largely committed to paying interest.
Loans for veterans make it easier for them to obtain the funds they require to purchase a home. If the borrower defaults on the loan, the lender files a claim with the VA, and the VA compensates the lender.
Low-income rural individuals who would otherwise be unable to obtain a conventional loan might apply for a USDA house loan.