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The Power of Choice When Buying a Home or Refinancing a Mortgage

Mortgages are not one size fits all. Several home financing programs are available to suit your specific situation

Couple looking at a laptopDecisions, decisions. Whether you’re adding items to your Amazon cart or mulling over what you want delivered for dinner from DoorDash, it’s good to have choices. It’s even better to have them when you’re considering a much more significant expenditure like a mortgage (not that tech gadgets and tacos aren’t important—especially tacos).

Buying a home is generally considered to be one of the best investments you can make. Not only does it give you and your family a sense of security and pride of ownership, but it allows you to build equity and bolster your financial standing. The mortgage itself also gives you some flexibility in terms of what you can afford at the outset and what options are available to you down the road.

The trick is to educate yourself on those options and pick the best one for you. At CrossCountry Mortgage, we’re all about helping you do exactly that. Here’s a quick overview of our home loan programs for the two main mortgage scenarios: buying and refinancing.

You’re buying a home.

So, this is it—you’ve decided to take the plunge and purchase a place of your own! Maybe you’ve been renting for years and are ready for the next step in life. Maybe you’ve worked hard over a long career and can now afford that large, beautiful home you’ve always dreamed of owning. Or maybe you’ve decided that rental income should be part of your retirement strategy and you want to invest in real estate.

Clearly, there are many motivations for purchasing a home. To support those various goals, CrossCountry Mortgage offers a broad portfolio of purchase programs:

You’re refinancing an existing mortgage.

Already own a home? You may be surprised at what you can do with your existing mortgage. From refinancing to lower your rate and monthly payment to consolidating debt into one loan, refinancing gives you a wealth of options to put yourself in a more beneficial situation, including:

You’re not alone!

Even with all of this information at your disposal, chances are you’ll still need help identifying the right loan program for your specific situation and personal financial goals. That’s what we’re here for! Your licensed CrossCountry Mortgage loan officer can guide you toward the right decision by helping you understand the available options and walking you through the home financing process from start to finish so you know exactly what to expect.

When you’re ready, start the conversation. We’re here to make the mortgage process easier for you!

CrossCountry Mortgage, Inc. is an FHA Approved Lending Institution, and is not acting on behalf of or at the direction of HUD/FHA or the Federal government. All loans subject to underwriting approval. Certain restrictions apply. Certificate of Eligibility required for VA loans. CrossCountry Mortgage, Inc. is an FHA Approved Lending Institution, and is not acting on behalf of or at the direction of HUD/FHA or the Federal government. All loans subject to underwriting approval. Certain restrictions apply. Certificate of Eligibility required for VA loans. USDA Loans: Borrower income limited to 115% of median income for the area. Borrowers must have reasonable credit histories. 30-year loan term. Housing costs cannot exceed 29% of income; total debt payments cannot exceed 41% of income. Homes must meet state and HCFP building codes. Funding fee required. Available only in designated USDA rural areas.