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Home Mortgage Loan Programs

Clients learning about Home Mortgage Loan ProgramsWe offer various home mortgage loan programs and we are here to help you every step of the way. We have the tools, products, and expertise to help you find home buying or refinance mortgage loan programs that work for you.

Whether you want to buy a home, lower your monthly payments or turn your equity into cash, Artisan Mortgage can help. We provide a full range of mortgage loan programs, we have a quick approval process and we also have an experienced, dedicated, friendly staff that will help you fully understand every step of your loan application. That’s why Artisan should be the home of all your mortgage requirements.

Our loan specialists are dedicated to making your home purchase or refinance as easy and affordable as possible. A variety of mortgage options and a pre-approval program will ease home purchase.

Popular Mortgage Loan Programs

The two main types of mortgages are fixed rate and adjustable rate mortgage loans. There is a wide variety of home mortgage loan programs. Below listed are the most common types of programs:

Fixed Rate Mortgage
This type of mortgage might be best for you if you don't want to risk a change in the economy that could result in a substantially higher monthly payment. It features a permanent rate and monthly payment amount. You can sleep soundly with a Fixed Rate Loan because the interest rate and the principle and interest payment never change. There are a variety of term options: 10, 15, 20, 25, 30 and 40-year.

Adjustable Rate Mortgage (ARM)
Adjustable Rate Mortgages usually offer a lower interest rate than Fixed Rate loans, which makes them the ideal loan if you’re comfortable with risk, or if you’ll be selling your home before the first adjustment is due. You get fixed initial interest rate and monthly payments, but both can adjust on a scheduled basis to reflect changes in the market rate. Term options: 1, 3/1, 3/3, 5/1 and 5/5 year.

Conventional Loans
Conventional Loans are not insured or guaranteed mortgages by the Federal Government and they follow guidelines set by Fannie Mae and Freddie Mac. Choose from fixed or adjustable rate mortgages with a variety of terms to fit your budget.

Government Loans
Government Loans are insured by the Federal Government and offer a low down payment and/or reduced interest rates for qualified borrowers.

FHA Loans
FHA mortgages are federally insured products which offer borrowers the opportunity to obtain a mortgage when they may not qualify under conventional guidelines.

VA Loans
VA loan are federally insured mortgage products designed to assist veterans and active-duty personnel achieve home ownership.

Jumbo Loan
Jumbo loan exceeds the statutory dollar limit eligible for purchase by the Federal Home Loan Mortgage Corporation (Freddie Mac) or Federal National Mortgage Association (Fannie Mae). The statutory limit adjusts each year based upon and index established by Congress.

Balloon Mortgage
With baloon mortgage you have a fixed interest rate and monthly payment, but after a pre-determined period of time, the balance of the loan becomes due; you can then choose to pay off the loan or re-finance. Term: 5 and 7 year

Interest Only Loans
As the name implies, an Interest Only Loan only requires you to pay interest on your loan for a fixed period of time. This loan program is used to free up cash flow for a period of time or to qualify the borrower for a more expensive home.

Reverse Mortgage
If you are 62 or older you are eligible to withdraw some of the equity in your home using Home Equity Conversion Mortgage (HECM) - FHA's reverse mortgage program. This program is insured and secured by Federal Government.

Refinancing
Refinancing may reduce the number of years it will take to repay your loan or help lower your monthly payments. As you consider the interest rate on your existing or a new mortgage, the cost of refinancing, the equity in your home, and your family's financial needs, both now and later, let our experienced team guide you through refinancing opportunities. Our loan officers can help you decide when refinancing might be right for you.

Specialty Home Loan Programs

First Time Home Buyers Program
This program was developed to assist new first-time homebuyers. The program offers fixed rate financing at or below current market rates with closing cost assistance if qualified. Depending upon total household income, the borrower may be eligible for down payment and/or closing cost assistance. Purchase price restrictions apply.

USDA Rural Development Loans
USDA Rural Development Housing Program is available in rural communities and they allow our customers to receive 100% financing on their home purchase. These loans require no down payment.

Construction Loan
Construction financing is designed for the construction of new residential homes. Terms are generally structured for interest only payments while home is being built. Upon completion, the loan is modified into the mortgage product best suited to your long term needs. If you are thinking of building your dream home, we can help! When construction is complete, the loan converts to permanent.

Home Equity Loans
Chances are, you have considerable equity in your home that you can tap if needed. And best of all you can spend the funds on home improvements, education, travel and other purposes. We offer some of the most competitive and convenient Home Equity loans in the area. You deserve it.

Second Mortgage
If you already possess a first, we offer a second mortgage.

Debt Consolidation Loans
Did you know it takes more than 45 years to pay off a typical credit card balance with minimum payments? Consolidate credit card high interest balances into low interest home loan. Thousands of our customers are each saving hundreds of dollars every month! We think you probably can, too! Find out how Debt Consolidation Loans could work for you.

Community Loans
Community programs assist low to moderate income borrowers purchase a home. These loans typically require a low down payment, little or no cash reserves and lower mortgage insurance premiums.

Specialty Loans
We offer loans that reduce the amount of paperwork needed to complete a loan. These types of loans are particularly beneficial for self-employed borrowers.

Artisan has a full-range of quality low-cost, fixed and variable rate mortgage loan programs. We also strive to provide a selection of flexible home loan solutions that meet the needs of most types of consumer credit. It is our goal to make your home mortgage loan application as educational, needs-based and client-focused as possible with terms, features and loan options that fit within your overall financial plan.

It's your turn to do what you want. It's your opportunity to achieve your goals. It's your day to pursue those dreams of financial freedom. We are your answer to any financial question, just call our toll-free number and talk with one of our loan officers.

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Talk to a licensed Loan Officer who can answer all your questions, quote rates and find you best home loan programs.

(800) 499-0141

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Accreditation & Awards

  • A+ Rating with Beter Business Bureau (BBB)
  • Over 19 years of experience
  • Voted The Best Mortgage Company on Long Island
  • New York Association of Mortgage Brokers NYAMB
  • National Association of Mortgage Brokers NAMB

Get Started

When you're ready to purchase or refinance, we offer three easy ways to learn more about Home Mortgage Loan Programs:

  1. Submit quote request.
  2. Visit an Artisan branch.
  3. Call 1.800.499.0141