Fixed Rate and Adjustable
At Valores Latinos, we offer both fixed rate and adjustable rate mortgage options. While fixed rates offer the stability of a consistent interest rate over the life of the loan, adjustable rates can offer lower initial payments and the potential for savings in the future. Our team of experts can help you understand the differences and choose the option that best fits your needs and financial goals.
Adjustable Rate Mortgage
A hard money loan can provide a quick source of funding with less paperwork than a traditional loan. This type of loan is typically secured by collateral, such as the property itself, which can make it an appealing option to those who may not qualify for traditional financing. However, hard money loans often come with higher interest rates and fees than traditional loans, so it's important to carefully weigh the pros and cons. Our team at Valores Latinos is here to help guide you through the decision-making process and provide you with the information you need to make an informed decision.
Balloon Mortgage
At Valores Latinos, we offer balloon payment loans for those who qualify. This loan type allows you to make lower monthly payments throughout the life of the loan, with a large sum due at the end of the term. Qualifying for this loan depends on your financial situation and credit history. Some benefits of this type of loan include lower monthly payments and the ability to pay off the loan quickly.