Unique circumstances need unique solutions. Our non-conforming loans can help.
A non-conforming loan is simply any mortgage that doesn't conform to the requirements set forth by Fannie Mae and Freddie Mac. A non-conforming mortgage is a home loan that does not adhere to government-sponsored enterprises (GSE) guidelines and, therefore, cannot be resold to agencies such as Fannie Mae or Freddie Mac.
This is ideal for the borrower who would not typically qualify for a fixed rate mortgage.
3/3 Arm primary and secondary homes
ARMs are simply short-term fixed rate mortgages. The longer the fixed rate period, the higher the interest rate you'll pay for that period. A true 3-year ARM, where the rate adjusts every three years, has a higher rate than does the one-year variety, and so on.
Tracie Worley
Mortgage Banking Manager
Serving Johnston County,
Harnett County, and Wayne County
1031 N. Brightleaf Blvd.
Smithfield NC 27577
(919) 938-2652
NMLS #452431
Smithfield NC 27577
(919) 938-2652
NMLS #452431
James Boring
Mortgage Loan Officer
Serving Johnston County,
Wake County, and Wilson County
Wake County, and Wilson County
11591 US 70 Hwy W
Clayton, NC 27520
(919) 550-0200
NMLS#: 2418880
(919) 550-0200
NMLS#: 2418880