FIXED RATES
Fixed Interest Rate Loans provide you with the security of a fixed interest rate and a standard monthly payment for the life of your loan.

ADJUSTABLE RATES
An Adjustable Rate Mortgage (ARM) starts with an interest rate lower than current fixed market rates. After the initial period when your rate is locked, your monthly payment will gradually increase or decrease based upon a market sensitive Index throughout the life of your loan. The Margin, which remains fixed through the life of the mortgage, is then added to the index to determine your rate for the next payment interval.

BUYDOWNS
Buydowns provide the security of a fixed interest rate with a lower initial payment for up to two (2) years. Because of the initial lower monthly payment, you may be able to qualify for larger loan amount.

FINANCING PROGRAMS

• Pre-Approval Program
  
  
• Conventional Financing Programs
  
  
• Conforming Mortgages
  
  
• Jumbo Mortgages
  
  
• Non-Conforming Mortgages

Government Financing Programs – Government Insured Financing provides for loan to value financing up to 100% through Insurance and Guarantees provided by Federal Government Agencies. Cosmos Mortgage Corporation offers both FHA and VA loans.

FHA Mortgages

• FHA Mortgage Loans provide loans with the assistance of insurance from the Federal Housing Administration. FHA loans can be fixed rate loans, adjustable rate loans or buydown loans with lower payments than most other mortgage loan programs. Maximum loan amounts vary depending on the location of the home you are purchasing.
  

VA Mortgages

• VA Mortgage Loans are available to eligible individuals who are or were enlisted in the Military.
  

Special Financing Programs – Cosmos Mortgage Corporation offers several programs designed specifically to help homebuyers with unique financial situations purchase a home.

Community Home Buyer Loan

• Community Home Buyer Loans are designed for individuals with low-to-moderate income. These loans allow for a lower down payment and contain more relaxed underwriting guidelines than most traditional financing programs.
  

100% Financing/No Down Payment Program

• Saving enough money for a down payment can be a difficult task. Or maybe you have enough money for a down payment, but would like to put your money toward investments, new furniture, home improvements, etc. In response to your needs we offer several loan programs with no down payment and 100% financing options.
  

Home Equity/Line of Credit

• Why pay high interest rates associated with consumer loans and credit cards? Borrow against your home equity and take advantage of lower interest rates and possible tax deductibility. It's easy and fast with a home equity loan or line of credit from Cosmos Mortgage Corporation.
  

With a Home Equity Loan or Line of Credit you get cash to finance major expenses such as:

• Consolidate debt
  
  
• Remodel your home
  
  
• Pay for your child's college tuition
  
  
• Pay your taxes
  
  
• Finance major medical expenses
  
  
• Start a business
  
  
• Take a vacation
  
  
• Plan a wedding
  
  
• Buy a car