GOLD's Jump-Start Mortgage is designed to get you home faster. 20% down is a hefty savings goal for many families, but the private mortgage insurance (PMI) that usually comes with a smaller down payment drives up your monthly payments. Our Jump-Start Mortgage requires just 10% down to avoid PMI.
Is 10% down still a stretch? We can lend you up to half of it is as a GOLD Personal Loan making your out of pocket down payment as low as 5%1.
This isn't a program limited to first-time home buyers; it's for anyone dreaming of making that big move happen sooner. Sound like a good fit for you? Get in touch with our Mortgage Consultant and take the first step to make that dream come true: 1-800-641-5036.
Fixed-Rate Mortgage: The traditional 20% down payment and slightly lower interest rate of our traditional fixed-rate mortgage will save you money on your home over the life of the loan. A fixed rate means your payments will stay the same for the life of your loan with no surprises.
Adjustable-Rate Mortgage (ARM)
Our adjustable-rate mortgage starts with an interest rate that is lower than that of a fixed-rate mortgage; it's then adjusted periodically during the term of the loan. If you're looking to move again or refinance in a few years, then this loan may be the best fit. Does an ARM still seem mysterious? We dug deep into how they work and why you might consider this mortgage type on the blog: "Adjustable-Rate Mortgage Pros and Cons."
Get pre-approved and start house hunting. Call 1-800-641-5036 and let our experiencedMortgage Consultant walk you through the process and into the home you want. We have years of experience and know the real estate industry inside and out.