What types of financing are available?

There are many types of loans suited to just about any person’s situation, whether it be the owner occupied, investment property, second homes, problem credit, etc. For instance, someone that knows they will be moving in 5 years may be interested in a 5-year ARM rather than a 30-year fixed because the interest rate is lower for the first 5 years than the fixed rate would be.

The following is a very small list of the most popular loans available; however, Midland Mortgage offers just about any type of loan on the market.

A. Conventional Fixed
30, 25, 20, 15 & 10 Year
5-7 Year Balloons

B. Conventional ARM
1 Year
3 Year
5 Year

C. Conventional Construction Perm

D. FHA VA Fixed ARM 203K

E. South Carolina State Housing – Lower rates

F. Rural Economic & Community Development – 100% Loans

G. Builder Speculative Loans

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