info@keyfinancial.com     626-797-9191

FHA Mortgages

FHA mortgage loans contain many additional benefits and protections that can’t be obtained through other home loan programs. FHA mortgage loan requirements aren’t completely driven by a borrowers credit score, though they will usually need at least a 620 middle FICO score to get approved through most lenders. While FHA mortgage guidelines are more flexible than other home loan programs, there are still basic requirements that must be met.

Today's Rates

US AverageMortgage Rates
30 Year Fixed loading...
15 Year Fixed loading...
5/1 ARM loading...



Conventional Loan

A conventional loan is any mortgage that is not guaranteed or insured by the federal government. A conventional loan is generally referring to a mortgage loan that follows the guidelines of government sponsored enterprises (GSE’s) like Fannie Mae or Freddie Mac.

Calculate Payment

Loan Calculator Mortgage Calculator
MortgageLoan
$
years
%

Adjustable Rate Mortgage

An adjustable-rate mortgage, is a type of mortgage in which the interest rate applied on the outstanding balance varies throughout the life of the loan. Normally, the initial interest rate is fixed for a period of time, after which it resets periodically, often every year or even monthly.

Jumbo Loans

Jumbo Loans offer buyers and home owner’s loan limits greater than today’s conventional conforming loans.  If you are seeking a loan amount that exceeds $417,000, then you need a jumbo mortgage loan. Each year, Fannie Mae and Freddie Mac set loan “maximums” so anything that exceeds these set amounts is considered a jumbo mortgage loan.

VA Mortgage

The U.S. federal government presently insures Veterans administration mortgage loans to 100% meaning that home buyers, home refinance borrowers and also financial institutions have very little risk.