Fixed Rate Mortgages
The traditional fixed rate mortgage is the most common type of loan programs, where monthly principal and interest payments never change during the life of the loan.

Adjustable Rate Mortgages (ARM)
Adjustable Rate Mortgages (ARM)'s are loans whose interest rate can vary during the loan's term. These loans usually have a fixed interest rate for an initial period of time and then can adjust based on current market conditions.

Interest Only Mortgages
A mortgage is called “interest only” when its monthly payment does not include the repayment of principal for a certain period of time.

FHA
The 3% down program is great for the first time buyer or buyers with less than perfect credit. The 3% down payment can be gifted by someone else. The FHA program also allows you to refinance your home for up to 95% of the home's value.

Guaranteed rural
Guaranteed Rural Housing is a program with no mortgage insurance and zero down. It is only for rural areas of the state. This program is underwritten by Eagle Home Mortgage and accepted by GRH is Olympia.

What kind of loan program is best for you?
So what kind of mortgage is best for you? Fixed rate? Adjustable rate? Government loans? The truth is, there is no one correct answer.