New York Real Estate

New York Real Estate Information: Mortgages
Types of Government Loans and Programs

VA Loans: The VA guarantee allows qualified veterans to buy a house costing up to $203,000 with no down payment. Moreover, the qualification guidelines for VA loans are more flexible than those for either FHA or conventional loans. To determine whether you are eligible, check with your nearest regional VA office.

Further Information:
About Mortgages
Mortgage Amount and Term
Amortization
Fixed or Adjustable Interest Rates
Down Payment
Closing Costs
Discount Points
Conforming and Nonconforming Loans
Fixed-Rate Mortgages
30-Year Fixed-Rate
20-Year Fixed-Rate
15-Year Fixed-Rate
Adjustable-Rate Mortgages (ARMs) (page 1)
Adjustable-Rate Mortgages (ARMs) (page 2)
Adjustable-Rate Mortgages: CD-Indexed ARMs
Adjustable-Rate Mortgages: Treasury-Indexed ARMs
Adjustable-Rate Mortgages: Cost of Funds-Indexed ARMs
Adjustable-Rate Mortgages: Initial Fixed-Period ARMs
Adjustable-Rate Mortgages: Two-Step Mortgage
Government Loans and Programs (General)
Government Loans and Programs: FHA Loans
Government Loans and Programs: VA Loans
Government Loans and Programs: RHS Loans
Government Loans and Programs: State and Local Loan Programs
Balloon Loans