Fixed Rate Financing Ideal if you prefer predictable monthly payments and a fixed interest rate Adjustable Rate Financing This may be the right financing option for you if you want lower initial mortgage payments Alternative Mortgage Options Reduced-cost mortgages, low down payment options, and other special mortgage programs Refinancing We can help you determine whether refinancing will save you money.
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This is a mortgage that is backed by the government, such as Federal Housing Administration (FHA), the U. Department of Veterans Affairs (VA), or the U. Department of Agriculture (USDA). A government-backed loan might come with a fixed rate or an adjustable rate, and typically requires a smaller downpayment than a non-government issues loan. Conforming mortgage. A conforming mortgage is one that falls within loan limits set by the FHA.
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As a verb, loan is attested from 1540s, perhaps earlier, and formerly was current, but has now been supplanted in England by lendthough it survives in American English. Loan word (1874) is a translation of German Lehnwort ; loan-translation is attested 1933, from German Lehnübersetzung. Slang loan shark first attested 1900. Origin of loan 1.
Usage note. Origin of loan 2. Examples from the Web for loan. Contemporary Examples.