The new initiative from Sun Mortgage Funding will provide even more options and allow Louisiana residents to take advantage of low interest rates and low home prices in today's economic market.
Metairie, LA (PRWEB) April 16, 2013
Louisiana-based Sun Mortgage Funding announced today the launch of a new initiative to promote FHA and conventional mortgages for its clients. The increased availability of lenders for these mortgages and historic low interest rates make this the perfect time to purchase a new home or to refinance an existing mortgage. This new initiative from Sun Mortgage Funding can provide consumers with added opportunities to buy a piece of the American dream for themselves with a little help from a trusted mortgage brokerage firm.
The loans covered by Sun Mortgage Funding include the following mortgage arrangements:
- FHA loans feature exceptionally low down payment requirements and low closing costs for first-time home buyers. Credit requirements are less stringent for other types of loans, and buyers interested in fixer-upper opportunities can often combine repair costs and the purchase price into one low-interest loan. FHA loans are insured by the federal government and are intended to provide avenues to home ownership for those who might otherwise not be able to meet the credit or down payment requirements of other types of mortgages.
- Conventional loans are offered by banks and other lending institutions. Sun Mortgage Funding can provide borrowers with access to both fixed-rate and adjustable-rate mortgages in a variety of terms. Low interest rates make these conventional mortgages more attractive and accessible for borrowers, allowing them to buy more house for their initial investment and monthly mortgage payments.
Sun Mortgage Funding will provide support and guidance to consumers throughout the lending process. The mortgage brokerage can also provide help for consumers in identifying the right refinance arrangements for their needs. By working with the trained and knowledgeable staff at Sun Mortgage Funding, prospective borrowers can identify the best loans for their specific financial situations. The new initiative from Sun Mortgage Funding will provide even more options and allow Louisiana residents to take advantage of low interest rates and low home prices in today's economic market.
About Sun Mortgage Funding:
Based in Metairie, Louisiana, and founded in 1996, Sun Mortgage Funding offers a wide range of loan programs designed to provide additional avenues to home ownership and financially advantageous refinance options for consumers. The mortgage brokerage delivers exceptional service to its clients, allowing them to identify and obtain the best loans for their particular situation and streamlining the lending process for even more convenience in the mortgage loan marketplace.