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FHA Loans
There are lots of good reasons
to choose an FHA loan, especially if one or more of the
following apply to you:
- You're a first-time homebuyer
- You don't have a lot of money to put down on a
house
- You want to keep your monthly payments as low as
possible
- You're worried about your monthly payments going
up
- You're worried about qualifying for a loan
- You don't have perfect credit
- You would like to rehab. a house up to $35,000
If any of these things describe you, then an FHA loan
may be right for you.
read more
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USDA loans are primarily used to help individuals or households purchase homes
in rural areas.
Applicants for loans may have an income of up to 115% of the median income
for the area. In addition, applicants must have reasonable credit histories.
Choose a USDA loan if your:
Home is in a Rural or Suburban area
100% loan program with no mortgage insurance
Home buyers are eligible for this program when other financial programs are
not suitable
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Advantages to the VA Guaranteed Loan
If you are looking to purchase a home with no money down, VA mortgage loans can
be guaranteed with no money down in some cases up to more than $350 thousand
dollars.
An added bonus? No private mortgage insurance requirement with a VA
guaranteed loan.
The VA even offers help for those looking to refinance.
Just looking to lower your interest rate? The VA offers an interest
rate reduction loan, part of the Streamline Refinancing Program, which
allows veterans to refinance at little or no expense to them.
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Loan Information
Desired loan amount
The purpose of this loan is
If refinance, why
Property Information
This property address will be
If purchase, is home selected
If purchase, price will be
If refinance, market value is
