Racine Wisconsin home loan financing no matter what your credit status is. We understand how it feels to be shunned or denied because of credit problems. That's why we have Bad Credit experts standing by to help. We have mortgage lenders available to help you accomplish your financial goals for the future. If you're looking to buy a new home in Racine, refinance your current mortgage, or looking for information about other mortgage options, fill out our quick form and a Racine, Wisconsin lender will get in touch with you in no time at all.
Mortgage Refinancing in Racine, Wisconsin.
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Construction Loan A short term interim loan for financing the cost of construction. The lender advances funds to the builder at periodic intervals as the work progresses.
Convertible ARM An adjustable-rate mortgage that can be converted to a fixed-rate mortgage under specified conditions.
Fixed-Rated Mortgage A mortgage on which the interest rate is set for the term of the loan.
V.A. Mortgage Funding Fee A premium assed to the VA borrower in lieu of mortgage insurance. First time VA borrowers have a 3% funding fee included in their loan. When the VA borrower sells their home and uses their VA rights on a new home, the funding fee is 2%. VA borrowers refinancing their home, have a half percent funding fee in their mortgage. Disabled Veterans are not burdened with the funding fee.
