LOAN PROGRAMS

 

  • No Down Payment Loan – 100% financing option available for qualified applicants.
  • Conventional Fixed Rate Loan– Fixed Rate (10 to 30 year term) up to 97% loan to value on loan amounts up to $417,000.
  • Conventional Adjustable Rate Mortgage (ARM) - Initial interest rate fixed for 1 to 7 years. Up to 95% loan to value on loan amounts up to $417,000.
  • FHA Loan- 3% Down Payment and more lenient qualification parameters than most conventional loan programs.
  • VA Loan – 100% loan to value for eligible military personnel.
  • Construction Loan- Loan amounts from $50,000 to $650,000.  10% down payment required.  Must use an approved and licensed builder.  Construction terms from 6 to 12 months.
  • Bridge Loan – Buy your new home without having to wait for your current home to sell by using the equity in your current home for your down payment.  Ask for details.
  • Jumbo Loan- Fixed Rate and ARMs up to 95% loan to value on loan amounts over $417,000.
  • Vacation Home Loan – Variety of loan products available with competitive rates for purchasing that retreat at the beach, lake, or in the mountains.
  • Investor Property Loan- Fixed Rate Programs available up to 90% Loan to Value.
  • No Mortgage Insurance Loan- Programs available that eliminate costly mortgage insurance costs to the borrower even when the loan to value is over 80%.  Ask for details.
  • Stated Income Loan – Great program for self-employed applicants.  Loan to value up to 95% for qualified applicants.
  • Other loan programs available:  Let our qualified loan officers help you match the loan program that best meets your financial needs.

 


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