Loan Programs

Dreaming of buying a home but have little or no money to put down? Don't despair. You have options!

USDA Loan

A USDA Loan is a mortgage loan that is insured by the US Department of Agriculture and available to qualified individuals who are purchasing a home in an area that is not considered a major metropolitan area by the USDA. So basically, any are outside of major cities qualifies! This loan type allows you to borrow up to 100% of the purchase price AND sellers can pay up to 6% of the closing costs, making it possible for you to get into a home with NO MONEY DOWN!

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FHA Loan

FHA mortgages are another government backed loan that can help individuals with less than perfect credit and only requires 3.5% of the purchase price as a down payment. For example, on a $100,000 home, you would be required to come up with $3,500 to put down on the property. FHA loans typically have better interest rates that most traditional mortgage loans and are generally easier to qualify for.

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VA Loans

Like a FHA loan, VA loans are private loans insured by the federal government. VA loans are only available to qualified military veterans and their families. These loans are only available to these individuals for their own primary residences. With a VA loan you can also borrow up to 100% of the purchase price AND sellers can pay up to 6% of the closing costs, making it possible to get into a home with NO MONEY DOWN!

With all the options available it is possible for you to own that home you have been dreaming of. Call us today and we can help fit you with the right loan program for you and your family. 877-808-6611.