• Sue Lechman

    Sue Lechman

    Sr. Mortgage Broker
    NMLS# 257931

  • What's Your Property Worth?

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    Loan TypeDown PaymentTermsMortgage Insurance
    Fixed Rate Mortgage
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    3% – 5%15 or 30 years, fixedNo (if under 80% loan-to-value)
    FHA Loan
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    3.5%10, 15, 20, 25 or 30 years, fixed and adjustableUpfront Mortgage Insurance 1.75% and Annual .85%
    VA Loans
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    None15, 20, 25 or 30 years, fixed and adjustableNo – Upfront Funding Fee
    Jumbo Loans
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    As little as 5% – most 20%15 or 30 years, fixed and adjustableNo
    Rural Housing (USDA) Loans
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    None30 years, fixedUpfront Guarantee fee 1% and Annual Fee .35%
    FHA 203(k) Loan
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    3.5%30 years, fixedYes same as FHA
    Adjustable Rate Mortgage (ARM)
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    Varies3/1, 5/1, 7/1 or 10/1Varies
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    Contact Sue Lechman

    Sue Lechman

    15470 N 87th Dr
    Peoria, Arizona 85382
    (480) 797-6000
    NMLS# 257931

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