George Mason Makes Home Buying Easier
Whether you’re moving in to your first home or moving up to something bigger,
you can rely on the lending specialists at George Mason Mortgage, LLC. We can help
you navigate through the mortgage process, and provide the financing that best suits
your needs. George Mason Mortgage, LLC provides:
George Mason offers conventional, FHA and VA fixed-rate mortgage loans with a wide variety of
types and features. The traditional 30-year fixed-rate mortgage enables buyers to lock in a
low monthly payment for the entire loan term, no matter if interest rates rise or fall. Other
home buyers have discovered the advantages of 15-year fixed-rate loans. With a slightly higher
monthly payment, consumers can save tens of thousands of dollars in interest expense—and build
up equity faster—compared to a 30-year loan.
An adjustable-rate mortgage (ARM) usually offers a lower initial rate than fixed-rate options,
enabling you to buy more house for your money. George Mason ARMs come in a wide range of terms
including 1-year, 3/1, 3/3, 5/1, 7/1, and 10/1. The annual percentage rate may change after each
term to reflect changes in the rate environment.
With some of George Mason’s ARM programs you also have the option to convert your ARM to a
fixed-rate mortgage during certain pre-established times throughout the life of your loan.
Your Mortgage Specialist can give you all the specifics.
We believe that everyone should be able to own a home; that’s why George Mason participates in
this special program. Qualification requirements are more lenient than conventional mortgages,
and the down payment can be as low as 5%. Only 3% needs come from your personal resources; the
remaining 2% can come from bank loans, gifts, etc. These 30-year fixed-rate mortgages are available
on owner occupied single-family houses, townhouses or condominiums.
If you’re planning to build a new home, you can now save time and money getting one
loan that covers both construction financing and your permanent mortgage.
With only one closing required, you can save on closing costs and recording fees compared to the
traditional two-step lending process.
George Mason Mortgage, LLC is one of the few lenders in the area that offers this innovative program.
If you love your home but don’t like your loan, talk to a George Mason Mortgage Specialist about
refinancing options that can help lower your monthly payment or tap some of your built-up equity
for other financial needs.
Equal Housing Lender