Your Home
Purchase.
To get started
with your
new mortgage
you may either
apply online,
schedule a
consultation,
or call 434-989-2274.
Choose the
method that
is easiest
for you.
Uncertain how the loan process works or what is needed to properly apply?
Download this free guide to learn how.
Experience
Worry-Free
Home Buying
With Carl,
buying your
home does
not have to
be difficult
or a complicated
matter.
Carl and C&F
Mortgage are
here to help
you decide
which home
loan best
meets
your financial
situation.
Whatever your
homebuying
needs, Carl
and C&F
Mortgage offer
a variety
of programs
and options
to make financing
your home
fast and simple.
Not sure which
loan program
is right for
you? Learn
more about
our most popular
programs below.
FHA—Federal
Housing Adminstration
The FHA loan
program provides
a way for
you to purchase
a home with
as little
as 3% down,
in lieu of
the higher
percentage
rates required
to obtain
many conventional
loan types.
The FHA loan
program provides
a great advantage
to first time
buyers, or
anyone who
may lack sufficient
funds for
a down payment
when purchasing
a home. It
is important
to note, the
FHA does not
make home
loans, they
insure them.
If a home
buyer fails
to pay, the
mortgage lender
is paid from
the insurance
fund.
In order to
qualify for
an FHA home
loan, you'll
need to have
good credit
history, and
adequate income.
Take a few
minutes and
apply now
to see if
you qualify.
Learn
more about
the FHA program
by
contacting
Carl
or by
clicking here.
VA—Veterans
Affairs
C&F Mortgage
and other
private mortgage
lenders make
a special
type of home
loan available
to veterans
of the United
States Armed
Services.
A share of
the loan is
guaranteed
by the Veterans
Administration
(VA), and
protects the
mortgage lender
if the borrower
does not pay.
If you are
a Veteran,
and are looking
for a mortgage
solution,
apply online
now
to see if you
qualify. Please
note, all
VA loan applications
require a
Certificate
of Eligibility.
Not sure if
you are eligible?
Contact Carl
to learn more
about the
VA loan program
or by
clicking here.
ARM—Adjustable
Rate Mortgages
With a conventional
fixed-rate
mortgage,
the interest
rate of your
loan remains
the same during
the lifetime
of the loan.
However with
an ARM, the
interest rate
changes from
time to time
in relation
to an index,
and your payments
may go up
or down as
a result.
In general,
your initial
interest rate
for an ARM
is lower than
that of conventional
fixed-rate
mortgages.
This makes
the ARM easier
on your wallet
at first than
the conventional
fixed-rate
mortgage for
the same amount.
It also means
that you may
qualify for
a larger loan
amount because
often times
this decision
is made on
the basis
of your current
income and
the first
year's payments.
Apply today
for an Adjustable
Rate Mortgage.
To discover
the benefits
and flexibility
of an ARM
and how you
may qualify,
contact Carl
or
click here.