We offer other great financing programs for new construction and existing home purchases
New construction Loan
If you are not interested in buying an existing home and would rather build something custom built rather than from a home developer. Then the new construction loan is the program for you. With a low down-payment this program makes your custom built dream home a reality. There are two different options we offer for financing new construction:
- 10% Down Conventional New Construction
The equity in the land you want to build on may also be used for the required down-payment on these products.
Rehab and Renovation loans allow you to purchase or refinance any home into the home of your dream. They offer cost effective financing options to improve the property. There are many different programs available.
- FHA 203K – Only 3.5% down-payment required. In many cases a certified HUD consultant is not required. Most structural and cosmetic projects are eligible.
- FannieMae HomeStyle – Up to a maximum of 50% of the homes after improved value is eligible. Available for purchase or refinance. Minimum 5% down.
- EZ “C”onventional –
We offer many great financing options to fit your needs.
VA Loans offer military veterans exceptional benefits, including low interest rates and no down payment. This program was designed to help military veterans realize the American dream of home ownership.
A conventional loan is a mortgage that is not guaranteed or insured by any government agency.
Rehab & Renovation Loans
Renovation and Rehab loans allow you to do your home renovations as a refinance or buy that fixer upper.
HARP is a refinance option for homeowners that are “underwater” meaning they owe more on their home than their home is worth.
FHA home loans are mortgages which are insured by the Federal Housing Administration (FHA), allowing borrowers to get low mortgage rates with minimal down payment.
A jumbo loan is one way to buy a high-priced or luxury home. If you have a lower debt-to-income ratio, a higher credit score, and a larger down payment, a jumbo loan may be right for you.
Reverse Mortgages allow individuals 62 and over to convert a portion of their home equity into cash while still living in their home.