Nevada Loan Options
Hawaii Fixed Rate Mortgage
Pacific Home Loans specializes in providing fixed-rate mortgages tailored to meet your needs, serving clients across Nevada.
Conventional Fixed-Rate Mortgages: Explore our range of Conventional Fixed-Rate Mortgage options, including offerings from Fannie Mae, Freddie Mac, and our Portfolio loans designed to suit diverse financial situations.
Government Fixed-Rate Mortgages: Discover the benefits of Government-backed fixed-rate mortgages, including FHA and VA loans, providing accessible and affordable homeownership solutions.
Alternative Document Programs: For self-employed individuals, entrepreneurs, and investors, we offer Alternative Document programs such as the Self-Employed Bank Statement Loan and the Investor Cash-Flow Loan, providing flexible options to support your unique financial circumstances.
Partner with Pacific Home Loans in Nevada to secure the ideal fixed-rate mortgage solution for your homeownership journey.
Some Benefits of a Fixed Rate Mortgage:
Security with Fixed-Rate Mortgages: In Hawaii and California, financing a home or condo often involves opting for a 15-year or 30-year fixed-rate mortgage, providing payment stability throughout the loan term. With fixed rates, your payment remains constant, subject only to adjustments for changes in homeowners’ insurance and property taxes, if included in your monthly mortgage payments.
Customized Loan Terms: Pacific Home Loans (PHL) offers Fixed Rate mortgages ranging from 1 to 30 years, allowing you to choose a term that aligns with your financial goals. Whether planning for retirement or pursuing a specific payoff strategy, selecting the right loan term is crucial. Please note, custom loan terms may not be available for all Hawaii and California fixed-rate mortgage programs offered by PHL.
Consider the Fixed Rate Alternative: While fixed rates provide stability, they may not suit every borrower’s needs. For instance, investors intending to sell within a specific timeframe might benefit from a 7-year ARM (Adjustable Rate Mortgage) offering initial fixed rates for 7 years, potentially resulting in significant monthly savings. Contact us or explore our adjustable-rate mortgage options to determine the best fit for your financial situation.
Possible Disadvantages: It’s important to weigh the pros and cons of a 30-year fixed-rate loan. While it offers stability, homeowners may miss out on lower interest rates without refinancing, incurring additional costs. Additionally, 30-year fixed mortgages often carry slightly higher interest rates compared to shorter-term loans or adjustable-rate options.
Information and self-help tools are provided for your independent use and are not intended to provide investment advice. We cannot and do not guarantee loan eligibility or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to speak with one of our experienced loan officers for a loan eligibility analysis and custom rate and payment estimate.
