What are My Choices for Loans in Pompano?

Real estate is all about having options, there are seemingly endless properties for sale in Pompano Beach. But, after you’ve sifted through all your property options, you may be displeased to discover less variety when it comes to your mortgage search if you’re seeking loans through the bank. At Ace Mortgage Loan Corp., we’re here to make finding a mortgage in Pompano a great experience. While bankers may only show off one or two mortgage types, or mortgage company in Pompano Beach can offer you the greatest variety of mortgage options. When you’re ready to make home ownership a reality, it’s time to learn how our team can help you secure your ideal mortgage in Pompano. There are many options when it comes to loans in Pompano, here are some of the most popular we work with at Ace Mortgage Loan Corp.:

  • FHA Home Loans. FHA mortgages are designed to make home ownership affordable for those with lower or moderate income. FHA home loans require much lower down payments than other options, and they’re even available to some people who have filed for Chapter 7 bankruptcy.
  • Fannie Mae. Fannie Mae mortgages in Pompano are one of the most common types of loans out there, thanks to their large purchasing and pooling of securities. Conventional mortgages such as Fannie Mae sport lower fixed interest rates, but they often require a higher 20% down payment.
  • VA Home Loans. These types of loans in Pompano are reserved for veterans and their families. With VA home loans, you can enjoy no down payment and incredibly competitive interest rates. These loans function a lot like Fannie Mae loans in terms of payment schedules.
  • Freddie Mac. Like Fannie Mae, Freddie Mac buys mortgages on the secondary market and sells them as mortgage backed securities. Freddie Mac mortgages are available in varying down payments and interest rates, but some homeowners are able to secure a Freddie Mac loan for only 5 percent down.

These are just a few of your options when it comes to finding your perfect mortgage. Don’t trust your home financing to just any mortgage company in Pompano Beach. Count on our experts at Ace Mortgage Loan Corp., we’ll work to find the mortgage that’s your ideal fit. Choosing between loans in Pompano doesn’t need to be a challenge when you count on our team. To get started, simply call (954) 777-4774 to learn how we can help.

Contact Us