Residential Financing
Residential financing refers to the various loan options available to individuals purchasing or refinancing a home. The most common type is a mortgage, which allows buyers to borrow money from a lender (such as a bank or credit union) to purchase a property while repaying the loan over time with interest. Mortgages come in different forms, including fixed-rate mortgages, where the interest rate remains constant, and adjustable-rate mortgages (ARMs), where the rate fluctuates based on market conditions.
WORK PROCESS
How Residential Financing Works?
- Apply in Minutes: The application process is simple and quick. You can apply online with no impact to your credit score.
- Explore Your Options: Once approved, you’ll be able to see various financing options, including loan amounts, terms, and interest rates.
- Start Your Project: Choose the financing plan that works best for you, and we’ll get started on building your new deck!
Why Choose Hearth Financing?
- Quick and Easy: Apply from the comfort of your home with a fast and straightforward process.
- Flexible Terms: Choose a financing plan that works within your budget.
- No Prepayment Penalties: Pay off your loan early without any additional fees.
- Trusted Partner: Hearth works with top lending partners to offer competitive rates and clear terms.
