Mortgage Fast Loan Options

Mortgage Fast offers various loan options to meet your individual needs.  Depending on whether you want to lower your monthly payment, lower your interest rate, or decrease your repayment period, there are many loan options for you to choose from.

 

FHA loans

  • An FHA loan is the easiest way to qualify for home buying AND refinancing.
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  • Mortgage Fast is an approved FHA lender and our clients love the low fixed rates and security of a government-insured loan. Our mortgage application and processing uses exclusive technology that cuts the headaches out of getting an FHA loan.
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  • You can refinance up to 97.75% of your home’s value. FHA cash-out refinance loans allow you to take out up to 85% of your home’s value.
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  • Refinance your FHA loan and get a lower mortgage rate and payment with an FHA Streamline–even if you owe more on your home than it’s worth.
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  • Buying a home? Your down payment can be as low as 3.5% of the price of the home.
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  • FHA also allows seller concessions up to 6% of your home purchase price.

Start Your Quote: New Home Purchase |  Refinance

 

30-year fixed loans

A 30-year fixed mortgage has an interest rate that won’t change for the life of your loan. We also offer fixed rate mortgages for 10, 15, 20, and 25 year terms. 

 

  • If you aren't moving or refinancing in the next few years, a fixed rate mortgage may be your best choice.
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  • Rates for 30-year fixed mortgages are currently at or near historic lows.
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  • Put as little as 5% down on a 30-year fixed mortgage.
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  • Refinance up to 95% of your home value. Or, refinance up to 80% to take cash out and pay down debt.

Start Your Quote: New Home Purchase |  Refinance

 

15-year fixed loans

A 15-year fixed mortgage has an interest rate that won’t change for the life of your loan. If you aren’t moving or refinancing in the next few years, a fixed rate mortgage may be your best choice.

  • Save thousands in interest payments with a 15-year fixed compared to a 30-year fixed.
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  • Rates for our 15-year fixed mortgages are currently at or near historic lows.
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  • Put as little as 5% down on a 15-year fixed mortgage.
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  • We also offer fixed-rate mortgages for 10, 20, 25 and 30 year terms. The shorter your term, the less interest you’ll pay.

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  • Refinance up to 95% of your home’s value. Or, refinance up to 80% to take cash out and pay down debt.

Start Your Quote: New Home Purchase |  Refinance

 

5/1 Adjustable Rate

     
  • Our 5 Year adjustable-rate mortgage rates give you the lowest possible monthly payment for 5 years, saving you thousands of dollars over a  traditional fixed rate mortgage.
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  • Rates for a 5 year ARM are currently as low as 3.125% (3.404% APR).
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  • Take advantage of historically-low rates and refinance up to 95% of your home’s value with a 5-Year ARM.
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  • Do you need cash do pay off debt?  Then use the 5 Year ARM’s cash out option to get your personal finances in order. You can refinance up to 80% of  your home’s value and use the cash to pay off higher-interest debts.

Start Your Quote: New Home Purchase |  Refinance

 

3/1 Adjustable Rate

The 3/1 Adjustable Rate is very similar to the 5/1 Adjustable rate the only differences are that one is 3 years and the other is 5 as well as the interest rate.

Start Your Quote: New Home Purchase |  Refinance

 

Jumbo loans

Loans over the $417,000 conventional loan limit are considered jumbo loans. Jumbo loans are more flexible than people think. Here’s some facts about  jumbo loans you may not know:

     
  • Did you know that FHA loans are available as a jumbo loan? Depending on where you live, you could put as little as 3.5% down with your jumbo loan, or get a cash-out refinance for up to 80%. Since limits vary by county, apply online to find out what kind of jumbo loan you qualify for.
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  • You can get a jumbo loan with either a low fixed rate which means your payment and rate will never change over the life of your loan, or with an even lower adjustable rate great if you plan to move or refinance in the next few years.
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  • Applying for a jumbo loan doesn't take months of processing. Our exclusive online technology speeds through jumbo loan underwriting. You can close in just weeks!  We make it easy for you to afford your dream home or to refinance to a lower rate.
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  • Now first-time home buyers can get a tax credit up to $8,000. But hurry. The credit is only good for loans that close by the end of June 2010. Talk to your Home Loan Expert to find out more.
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  • Larger loans with a great interest rate and a lower monthly payment – what’s not to love?
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Start Your Quote: New Home Purchase |  Refinance