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Mortgage Products
We offer a variety of
mortgage loan options with multiple rate and point options including zero
point or assistance with your closing costs. Not all products are available
online. To view which products are available online, visit Check
Rates and complete information for a personalized product
and rate quote.
Adjustable Rate Mortgages
Balloon Mortgages
Bi-Weekly Mortgages
Community Homebuyers Mortgage Programs
Construction to Permanent Mortgages
FHA Mortgages
Fixed Rate Mortgages
Investment Property Mortgages
Jumbo Financing for Loans
Reverse Mortgages
Second Home Mortgages
VA Mortgages
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Adjustable Rate Mortgages
Frequently referred to as ARMs. Like the Balloon, an ARM has a lower rate
than a traditional fixed rate mortgage. This benefits the borrower by
allowing them to save on interest costs or qualify for a larger mortgage
payment. ARMs are excellent alternatives if the borrower does not plan
to stay long in the property. ARMs come with many different adjustment
periods ranging from 1 year to 10 years. Fulton Mortgage Company offers
a variety of ARMs to suit your specific needs.
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Balloon Mortgages
Balloon mortgages have fixed payments for a period of time, after which the total principal is due in full. Payments
are typically amortized over a specific number of years. Many borrowers who do not
plan to stay in their property for a long time choose balloons to take
advantage of their lower interest rates.
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Bi-Weekly Mortgage
Manage your mortgage payments to correspond with your paycheck. By making
26 smaller payments, you can significantly reduce the term of your mortgage.
Call us for more details about this money-saving option available with
Fulton Mortgage Company.
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Community Homebuyers Mortgage Programs
Fulton Mortgage Company takes pride in making homeownership available
to everyone. This program offers a low downpayment and expanded qualifying
ratios. Attractive interest rates make homeownership a reality.
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Construction to Permanent Mortgages
Thinking of building your dream home? Fulton Mortgage Company offers one
low rate during construction and automatically converts into a fixed rate
loan. If rates come down during the construction of your home, you can
capture the lower rate by taking advantage of our re-lock feature. We
offer the convenience of one settlement. The funds are advanced according
to a draw schedule that you and your builder agree upon. As your home
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FHA Mortgages
These Government backed loans feature a low down payment and no maximum
income limitations. FHA loans are available in fixed rate or ARM options.
Insurance from the Federal Government replaces private mortgage insurance.
Maximum loan amounts vary by county.
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Fixed Rate Mortgages
The low interest rate environment has made fixed rate mortgages more attractive
than ever. Rest easy knowing that your payment will be fixed for the life
of the loan. Many people refinance into
shorter term mortgages and save thousands in interest over the life of
the loan.
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Investment Property Mortgages
Diversify your portfolio. Mortgages for non-owner occupied homes are available
with low downpayments. Choose from fixed or adjustable rate loan programs.
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Jumbo Financing for Loans
Fulton Mortgage Company can help finance that exclusive property. Jumbo
loans start at $417,000. Fixed and adjustable rate options exist, tailored
to your specific financial needs. Private Banking services are also available
to complement your lending requirements.
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Reverse Mortgages
Fulton Mortgage Company offers government insured reverse mortgages. A reverse mortgage is a loan that enables senior homeowners, age 62 and older, to convert part of their home equity into income - without having to sell their home, give up title to it, or make monthly mortgage payments. The loan only becomes due when the last borrower(s) permanently leaves the home. Funds can be taken in a lump sum, as a monthly payment to the borrower or as a line of credit. The amount a home owner is eligible for is determined by their age, home value and the existence of any current mortgage loans.
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Second Home Mortgages
Fulton Mortgage Company can also help you purchase a vacation home. Fixed rate and adjustable rate mortgages are available. You can finance up to 90% of the purchase price. Enjoy your vacation knowing you are building equity!
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VA Mortgages
One of the benefits of serving your country. Eligible veterans can
finance up to 100% of the purchase price of many homes without having
to pay mortgage insurance. The seller of the property can assist by
paying up to all of your closing costs. Imagine buying a home with
no money out of your pocket! Reservists may also be eligible depending
on time served.
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Equal
Opportunity Lender. Member FDIC. 
© 2008 Fulton Mortgage Company