Getting the right type of real estate home loan is an important part of the home buying process. In this section of my web site I have put together some basic information regarding the types of real estate home loans that are common in the market today.

Fixed-rate mortgages are mortgages where the interest rate stays the same for the entire term of the loan. The advantage to a fixed rate mortgage is that if you lock a relatively low rate, your payment won’t go up when rates do.

Adjustable-Rate Mortgages mean that the rate of the loan can change throughout the term of the loan. The rate of the loan is based on adding points to a fixed base.

Hybrid loans combine a fixed period along with an adjustable component. Usually these loans are fixed for a period of time and then the loan becomes adjustable where it is dependent on current rates.

FHA real estate home loans are loans in the United States that are insured by the Federal Housing Administration.

VA real estate home loans are loans in the United States guaranteed by the Veterans Administration. The loan may be issued by qualified lenders. The VA was designed to offer long-term financing to American Veterans or to their surviving spouses.

If you’d like to receive more information about more specific Honolulu real estate and properties for sale loan programs in Honolulu, Waikiki, Kailua, Kaneohe, Kapolei, Ewa, Wahiawa, Waianae and surrounding Honolulu County, HI areas, then please fill out the following form below or contact me today