Michael James Hansen | CA MORTGAGE BROKER

Important relevant mortgage news you can use. Every post is typed by Michael Hansen, a California Mortgage Broker, unless another credit is mentioned.

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August 31, 2014

What Type Of Mortgage Loans Exist In 2014

Home Equity Conversion Mortgage (HECM) What's New?


Home Equity Conversion Mortgage HECM  Definition


Hybrid Adjustable Rate Mortgage (ARM)


Fixed Rate Mortgage (FRM)


Veteran Affairs Loan (VA)


Federal Housing Administration Insured Mortgage (FHA)


Home Affordable Refinance Program (HARP 1.0, 2.0, and 3.0)



Risky Loans Not Offered By So EZ Mortgage 


Stated Income


Interest Only


Balloon Payment


Prepayment Penalty






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      • What The HECM?
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Updated: Current And Historical APR's In The Blog - Updated Every 36 HRS

BOOKMARK THIS PAGE NOW  RENAME IT "APR or %"  All Rates Shown Are Annual Percentage Rates, also known as the APR. That means the...

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Popular Posts

  • Updated: Current And Historical APR's In The Blog - Updated Every 36 HRS
    BOOKMARK THIS PAGE NOW  RENAME IT "APR or %"  All Rates Shown Are Annual Percentage Rates, also known as the APR. That means the...
  • HARP 1.0, 2.0, and 3.0 Home Affordable Refinance Program
    This loan will enable homeowners who have less than 20% equity in their home to take advantage of the historically low rates without havin...
  • What The HECM?
    A reverse mortgage, the most popular form being the “Home Equity Conversion Mortgage” (HECM), is a mortgage that allows seniors (a...
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