Loan Programs

Conventional Mortage Loans

Traditional loan programs that usually require 5-10% down and offer competitive interest rates. Documentation and fair-to-good credit are necessary. You have conforming and non-conforming loan limits. Those are determined by the county you live in. Please contact us for the max county loans limits.

VA Mortgages

Backed by the Veterans Administration and the federal government, it is similar to FHA except that you have to be a qualified Veteran or military person. There is no down payment required. There is no MI required. They have a funding fee, but that is financed into the mortgage. The funding fee varies based on your current military status and subsequent use of the VA benefit.

Learn more about VA mortgage loans »

FHA Mortgage Loans

Backed by the Department of Housing and Urban Development, this mortgage offers the borrower the ability to put as little as 3.5% down payment – and they can even finance “allowable” closing costs. Seller can contribute up to 6% of the purchase price to the buyer towards closing costs. FHA offer conforming and non-conforming loan limits. Please contact us for the max county loan limits.

USDA Mortgage Loans

The United States Department of Agriculture is the central federal department whose initial role was to provide the farmers of America with a source of knowledge about farming, somewhere a farmer could turn to obtain general information. This role continued until the Depression years when, due to low prices for agricultural commodities, the USDA initiated for the first time support of commodity prices and farm income. It has broad authority to address agricultural issues, to undertake a variety of studies, research, and investigations and to engage in other information-gathering activities. The USDA works in partnership with state, county, municipal, and tribal governments to use a range of tools to protect the consuming public and farmers and ranchers. After several attempts at obtaining Congressional approval, the Agricultural Adjustemnt Act (AAA) of 1938 was passed. This law has been historically reauthorized by subsequent sessions of Congress since its passage-until 1996.

Second Mortgage Loans

Subordinate to the first mortgage, these loans offer the borrower the ability to get money for home improvement, debt consolidation, or many other reasons without disturbing their first mortgage. Convenient when you have a low interest first mortgage. In certain cases, they can be used to help with a purchase, and possibly avoid mortgage insurance.

Reverse Mortgages

For Homeowners 62 and older, and take advantage of their equity.This program is getting more and more popular, as the number of baby boomers keeps increasing.

Jumbo Loans

There are Agency Jumbos and true Jumbo loans, depending on the max county loan limits. We offer fixed and adjustable products. Please contact us for further details.

Investor Loans

Used to finance 1-4 family properties that will be for investment with down payments of at least 25%. Aggressively priced, these programs have many variations. There are also other options with less of a down payment, that fall under the Homepath program. Please contact us to discuss.

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