FIND THE PERFECT HOME LOAN FOR YOUR NEEDS
Explore Our Range of Home Loan Products to Suit Every Situation
CONVENTIONAL HOME LOAN
Traditional Home Loans with Flexibility and Competitive Rates
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Product Description
Competitive Rates: Lower interest rates for borrowers with good credit.
Fixed and Adjustable Rates (ARM): based market conditions.
Flexible Terms: Choose from various term lengths (10-30 years).
Lower PMI Costs: No PMI with a 20% down payment; lower costs with less.
Higher Loan Limits: Suitable for higher-priced homes, with a maximum loan amount of $766,550 (2024 limit).
Down Payment: Minimum 3-5% of the home's purchase price.
Seller Concessions: Allowed up to 3-9% of the sales price.
PMI Required: For down payments less than 20%.
Credit Score: Minimum 620 required.
Debt-to-Income Ratio: Preferably 43% or lower.
Stable Income: Proof of stable income and employment history needed.
FHA HOME LOAN
Making Homeownership more Accessible
Regardless of your Buying Experience
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Lower Down Payments: With a minimum credit score, you can make a down payment as low as 3.5%, unlike the typical 20% required by other loans.
Flexible Credit Requirements: Easier to qualify for with lower credit score requirements. The government backing reduces lender risk, allowing borrowers with less-than-perfect credit to secure a loan.
Gift Funds: Use gift funds from friends or family for your down payment, making homeownership more affordable.
Loan Amounts: Maximum loan amount up to $420,680.
Seller Concessions: Allowed up to 6% of the sales price.
VA HOME LOAN
Affordable Homeownership for Those who Served.
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No Down Payment Required: Enjoy 100% financing up to the appraised value of the property.
No Mortgage Insurance (MI): Save on the cost of mortgage insurance.
Flexible Credit and Income Requirements: Easier qualification process with more lenient criteria.
Low Fixed Rates: Benefit from consistently low interest rates.
VA Eligibility: Must meet VA eligibility requirements.
Loan Amount Based on Entitlement: The loan amount is determined by your VA entitlement.
VA Funding Fee: The funding fee can be financed into the loan, and disabled veterans may have this fee waived.
JUMBO HOME LOAN
Financial Support for Luxury Homes Beyond Conforming Limits
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Finance Higher-Priced Homes: Ideal for properties exceeding loan limits set by Fannie Mae and Freddie Mac.
Low Interest Rates and Fees: Enjoy some of the lowest rates and fees
Credit Score: Typically, a score of 720 or higher, though some lenders may accept as low as 660.
Down Payments: Requires 20%-30% down, with no PMI needed for down payments above 20%.
Necessary Assets: Must have savings or liquid assets to cover up to one year of loan payments.
Multiple Appraisals: Requires a standard appraisal and a second opinion to confirm property value.
CONSTRUCTION HOME LOAN
One-Time Close Construction Loan Simplify Home Building with All-In-One Financing
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Single Closing: Avoid the hassle of multiple closings with a single, streamlined process.
Interest-Only Payments: Pay only the interest during the construction phase, reducing your initial expenses.
Automatic Conversion: Once construction is complete, the loan automatically converts to a conventional mortgage, ensuring a smooth transition without additional paperwork.
Comprehensive Coverage: Funds can be used for land, materials, permits, labor, appliances, and landscaping.
RENOVATION HOME LOAN
Our Home Renovation loan combines repair and mortgage costs into a single monthly payment.
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Contractor Choice: Select a contractor from our list of licensed and approved professionals.
Lower Rates and Fees: Enjoy some of the lowest rates and minimal fees for home renovation loans.
Affordable Home: Easily buy a house that needs renovations with a plan in place to cover the costs.