Compare Loans

Fixed Rate Loans

  • 30-, 25-, 20-, 15- and 10-year terms are all available with fixed rate. We also offer custom loan terms between 10 and 30 years.

  • Buy a home with as little as 3% down (primary home).

  • Refinance up to 95% of your primary home's value.

  • Monthly payments remain the same for the entire loan term.

Adjustable Rate Loans

  • 3/1, 5/1, and 7/1 and 10/1 ARM's. Monthly payments based on a 30 year repayment schedule.

  • The rate stays fixed for the first 3, 5, 7 or or 10 years (depending on chosen term), and then adjusting annually thereafter.

FHA Loans

  • 3.50% minimum down payment required on purchase. 100% gift funds allowed.

  • Minimum credit score usually 550.

  • Post-bankruptcy qualifying - 2 years after.

  • Post-foreclosure qualifying - 3 years after.

VA Loans

  • Competitive interest rates that are routinely lower than conventional rates.

  • Sellers can pay up to 6 percent of closing costs and concessions.

  • Higher allowable debt-to-income ratios than for many other loans.

  • Down payment as low as 0%.

Reverse Mortgage Loans

  • For our clients or their parents that are 62 years and older

  • Purchase your next home with this product and never have a mortgage payment!

  • Convert your homes equity into a lifetime income stream.

  • Use the Line of Credit option to have access cash in case of emergency.

It's a great time to purchase your new home. Get the process started by applying with Park Grove Lending, LLC today!