LOAN PRODUCTS
One-time Close Construction Loans
For Manufactured, Modular, and Stick Built properties: finance the construction, lot purchase, and permanent mortgage all with a single One-Time Close loan. No Re-Qualification. No Second Appraisal.
Conventional
FICO scores starting at 630 and above.
Down payment as low as 3% on Home Possible and Home Ready loans for first time home buyers.
Mortgage insurance required on loans above 80% LTV
Loan amounts up to $726,200 in most areas, some counties may have higher limits
Non-QM bank statement loans for self-employed borrowers.
FHA
Down payments as low as 3.5% with a FICO score of 580+
10% down payment for FICO scores less than 580
Mortgage insurance required for the life of the loan
Loan amounts up to $472,030 in most areas, HECM limit is $1,089,300.
The seller can contribute up to 6% of closing costs
203K FHA rehab loans
VA
100% Financing available to qualified veterans and active duty military and their families.
Certificate of Eligibility required.
FICO score of 580+ required with no credit issues in the last 12 months
Cash Out Refinance
Take advantage of the equity in your home with a cash-out refinance. Great for consolidating debt or funding home improvements.
USDA
100% Financing available for eligable properties.
1 - 4 Member family combined income must not exceed $110,650
5 - 8 Member family income must not exceed $146,050
Seller can pay up to 6% of closing costs
Jumbo Loans
Loans up to $2.5 million LTV based on credit score
Jumbo Loans
Loan amounts that exceed $726,200
FICO scores starting at 660+
LTV between 75% & 95% based on FICO score
FHA DPA Loan
DPA is a grant equal to 2% of purchase price. May be combined with up to 6% seller concession for closing costs.