Conventional loans,, those backed by Fannie Mae or Freddie Mac, are the most common home loans in Arkansas and are available from nearly all lenders. They offer attractive rates and terms, especially for borrowers with good credit, and allow down payments of as little as 3 percent.
The FHLBanks’ affordable housing program (AHP) is the largest private source of grant funds for affordable housing in the United States. It is funded with 10 percent of the FHLBanks.
View current Arkansas mortgage rates from multiple lenders at realtor.com. Compare the latest rates, loans, payments and fees for ARM and fixed-rate mortgages.
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ARKANSAS MOBILE HOME LOANS BY JCF. JCF Lending Group was founded in 1994 with the sole purpose of providing Arkansas Mobile Home loans. JCF Specializes in Chattel Mortgages, a term used when referring to a loan on a Mobile or Manufactured Home where the land is not a factor and only the Mobile Home will be financed.
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FHA single-family mortgages in ARKANSAS can have down payments as little as 3.5%. In some cases, FHA insurance allows homebuyers to finance approximately 96.5% of the value of their home purchased with their FHA mortgage.
NEW YORK, Aug. 6 — American Home Mortgage Investment filed for bankruptcy protection Monday, and two other mortgage lenders said they were not accepting new applications, signs that the housing.
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With several types of mortgages and a variety of home equity loans at Bank of Arkansas, we offer the flexibility to find the loan that’s best for you. Competitive Interest Rates We offer very competitive interest rates on all of our mortgages and home equity loans, so you can keep your overall costs as low as possible.
A home loan with an interest rate that remains the same for the entire term of the loan. adjustable-rate mortgage (arm) Also called a variable-rate mortgage, an adjustable-rate mortgage has an interest rate that may change periodically during the life of the loan in accordance with changes in an index such as the U.S. Prime Rate or the London Interbank Offered Rate (LIBOR).
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