Virtually Toronto Real Estate

Toronto Real Estate Information: Mortgages
Types of Government Loans and Programs

State and Local Loan Programs: A number of states sponsor programs to help first-time home buyers qualify for mortgages. Local housing agencies also offer, in some areas, attractive loan terms, such as low down payments or low interest rates, to home buyers who meet specified income guidelines. Some state and local programs may also offer down payment and closing cost assistance. Check with your state housing authority. You can find the office nearest you online or look in the government "blue pages" of your phone book.

Further Information:
About Mortgages
Mortgage Amount and Term
Amortization
Fixed or Adjustable Interest Rates
Down Payment
Closing Costs
Discount Points
Conforming and Nonconforming Loans
Fixed-Rate Mortgages
30-Year Fixed-Rate
20-Year Fixed-Rate
15-Year Fixed-Rate
Adjustable-Rate Mortgages (ARMs) (page 1)
Adjustable-Rate Mortgages (ARMs) (page 2)
Adjustable-Rate Mortgages: CD-Indexed ARMs
Adjustable-Rate Mortgages: Treasury-Indexed ARMs
Adjustable-Rate Mortgages: Cost of Funds-Indexed ARMs
Adjustable-Rate Mortgages: Initial Fixed-Period ARMs
Adjustable-Rate Mortgages: Two-Step Mortgage
Government Loans and Programs (General)
Government Loans and Programs: FHA Loans
Government Loans and Programs: VA Loans
Government Loans and Programs: RHS Loans
Government Loans and Programs: State and Local Loan Programs
Balloon Loans

Virtually Toronto Real Estate (home) | Selling Toronto Real Estate | Buying Toronto Real Estate | Contact Us | News/Info | Toronto Real Estate Agents | Toronto Commercial Real Estate | Toronto Real Estate Services | Our Newsletter | Toronto Luxury Real Estate | Toronto Neighbourhood Information | Toronto Real Estate Glossary