Programs

Loan Programs for Everybody!

CONVENTIONAL MORTGAGES

• Standard mortgage not directly insured by the federal government

• Typically administered by Fannie Mae or Freddie Mac

 

USDA/RURAL DEVELOPMENT MORTGAGES

• Less stringent credit requirements

• 100% financing available for qualified borrowers*

• Maximum income limits apply — varies by county

• Property address must be verified for eligibility

• Up-front guarantee fee is typically added to the loan’s principal

• Annual guarantee fee is included in the monthly payment, similar to mortgage insurance

FHA MORTGAGES

• Insured by the Federal Housing Administration (FHA)

• Less stringent credit requirements

• Low down payment options

• Maximum loan amounts apply

• Up-front mortgage insurance premium added to the loan’s principal

• Monthly mortgage insurance premiums included in the monthly payment

 

VA MORTGAGES

• Home financing for active military, veterans or for qualifying spouses

• 100% financing available with full VA entitlement up to $484,350 and no down payment**

• Insured by the U.S. Department of Veterans Affairs (VA)

• VA funding fee is typically added to the loan’s principal

Have any questions?

Call 602-522-9494 today and ask one of our experienced team members which program would benefit you the most!