Huntington’s Residential Purchase Financing
Buying a home is an important event, and the process of getting a mortgage loan can seem a little overwhelming. That’s why at Huntington, we offer not only a choice of mortgage programs and competitive rates, but also easy-to-complete paperwork and helpful, friendly service.
Headstart gives you an advantage
We may be able to give you pre-approval on your loan amount through our Headstart program. This way, you’ll know exactly how much house you can afford upfront. Pre-approval also streamlines the purchase and loan approval process after you’ve found the home you want to buy.
Fixed-rate loans
Whether you choose a 30, 20, 15 or 10-year, fixed-rate loan, you benefit from the security and predictability of a constant principal and interest payment each month. While 30-year mortgages are still the most common, 15-year mortgages have gained popularity because they reduce the amount of interest charged over the course of the loan and accelerate payment of the principal.
7 year balloon loan
If you plan to live in your home for more than three but less than seven years and you want the benefit of a fixed monthly payment, a balloon may be the loan for you. The fixed rate term is seven years, and you can refinance or modify when your matures.
Adjustable-Rate (ARM) loans
This type of mortgage usually gives you a low initial rate. As market rates fluctuate, your interest rate and monthly payment will change accordingly. However, borrowers are also protected against interest rate fluctuations by periodic and lifetime caps.
Flex Programs
Designed for individuals with low to moderate incomes, this loan requires a down payment of just three percent. Borrowers also use a variety of sources for closing costs.
Emain Huntington
| Toll Free: 1-800-511-7007 Direct: 616-406-2109 Cell: 616-481-2525 Fax: 616-406-2137
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Mortgage Sales Representative
Huntington National Bank
1850 – 44th Street SW
Wyoming, MI 49509
