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Fixed Rate Loans

Fixed Rate Mortgage Products Available!
A long term fixed rate may be the right mortgage for you. We offer a variety of Single Family Fixed Rate Loan Products.

You can lock your rate in at the time of application or during the loan process. After closing, the interest rate remains fixed for the life of the loan.

You will enjoy the peace of mind that your loan payment will not increase over the life of your loan.

Adjustable Rate Loans

Adjustable Rate Loans remain fixed for a specific number of years and then the rate and payments can change periodically.

An Adjustable Rate Loan may be the right product for you if you do not plan to stay in your home or if you expect increases in your income which will offset potential increases in your monthly payment.

 

First Time Home Buyer

FHA Loans

Central Arkansas Finance, Inc offers FHA loans down to a 580 credit score.  This is a great low downpayment option that does not have geographic restrictions.  You can own another home and get an FHA loan, you just can't own another home financed on an FHA loan.

VA Loans

Central Arkansas Finance, Inc offers VA loans to qualified buyers.  These are 100% financing loans that do not have geographic restrictions. 

USDA Rural Development

Central Arkansas Finance, Inc participates in the USDA Rural Development Program.

This program offers 100% financing for moderate income borrowers purchasing a home in rural communities.

You do not have to be a first time home buyer but you can not own another home.