Graystone

"Whether you're searching for a new home or looking to refinance, Graystone Mortgage will provide you with the tools you need to make your dreams a reality."

CONVENTIONAL

A conforming loan program in which a borrower can obtain a loan that can be amortized over 40, 30, 20, 15, or 10 years. Fixed and adjustable rates are available. Good credit is required.

JUMBO

Any conventional loan amount typically over $417,000. Fixed and adjustable rates are available. The loan can be amortized over 30 or 15 years.

VA

A 100% financing option is available for eligible veterans and you do not have to be a first-time homebuyer. Funds for closing can be contributed from the Seller and/or gifted. There are specific VA appraisal requirements and a pest inspection is required. No monthly Mortgage Insurance is required with the VA loan program. A Certificate of Eligibility must be obtained from the Veteran's Administration to qualify. Challenged credit will be considered and reviewed.

ADJUSTABLE RATE MORTGAGE (ARM)

Adjustable Rate Mortgages are available on Conventional and Jumbo loans. In addition to annual ARMs, Graystone Mortgage offers 5/1, and 7/1 ARMs, which have a fixed interest rate for a specified time and after that time expires the loan automatically converts to an annual ARM.

RENOVATION LOANS

This program allows you to borrow enough money to purchase a home and renovate it all at one time. The appraisal is based upon inspection of current condition or property. The appraiser will also review and evaluate the contractor's proposed plans/specification to complete the project.

CONSTRUCTION TO PERMANENT LOANS

A construction to permanent loan is a unique and convenient approach to finance your dream home. At Graystone Mortgage, we offer low rates with interest only payments during construction and a simple conversion to the permanent loan at the end of the construction process. Save time and money by benefiting from a one-time closing and lock in a great at any time during the building phase. Please contact us for a free construction mortgage timeline and cost estimate. Click here to view the Construction to Permanent Financing Flyer.

REVERSE MORTGAGES

A reverse mortgage lets you borrow against the equity in your home – you can make use of the money you have already invested, without having to make monthly mortgage payments. Because this program is backed by the Federal Housing Administration, you are guaranteed to never to owe more than the value of your home. If you are age 62 or older and have built equity in your home, a reverse mortgage could be the right financial solution for you. Click here to view the Reverse Mortgage Brochure.

Click here to view the Graystone Mortgage Brochure