Mortgage Loans


  • 100% financing available – No down payment required
  • Low monthly mortgage insurance – you may qualify for a larger loan
  • Flexible credit and qualifying guidelines
  • Competitive fixed 30-year rates
  • Can include closing costs in loan amount if supported by LTV
  • Seller credit towards closing costs and prepaids up to 6%


  • Low closing costs & flexible payment options
  • 5% down payment usually required, can come as a gift if credit score is greater than 660
  • 3% down payment available with income limits
  • Used to buy & refinance a variety of home types
  • Fixed and adjustable rates available
  • Minimum credit score of 620
  • 95% financing up to $424,100* (97% available with restrictions)
  • Max. 6% seller contributions 90% LTV/Max. 3% over 90% LTV

* Higher cost areas may be higher. This information is provided to assist real estate professionals and is not an advertisement to extend consumer credit as defined by Section 1026.2 of Regulation Z. Fees, interest rates and products are subject to change without notice and may or may not be available at the time of loan commitment or lock-in.


  • 15 & 30 year fixed and adjustable rate mortgages
  • Great low rates
  • Only 20% down required
  • Primary and 2nd homes
  • Loan amount to $2.5 million
  • Purchase, rate and term refinance loans up to 80% loan to value
  • 1-2 unit primary residences and 1-unit second homes
  • Cash-out refinances up to 65% loan to value (primary)

* 10% down on 1st and 2nd mortgages with a combined loan amount up to $1.2 million. 15% down required up to $1.5 million. Loan amounts up to $2.5 ,million require higher down payment. **Cash-out refinances up to 80% LTV. Primary residences only.


  • Only a 3.5% down payment required
  • Down payment can be a gift to the borrower from an eligible source, such as a family member or state bond program
  • Allows for varying refinance programs
  • FHA has set limits on the amount lenders can charge for some closing cost fees (e.g. origination no more than 1% of mortgage)
  • Maximum mortgage amount can vary significantly by area. FHA adjusts the amount periodically based on certain economic variables. You should check with your local FHA office or approved lender to determine your maximum mortgage amount
  • Flexible qualification guidelines


  • Highlights
  • 100% financing
  • Sellers can pay closing costs; Up to 2 discount points, the prepaids, plus an additional 4%. This can be used to pay off debts, buy downs, etc.
  • Buyers can add up to $6,000 to their VA loan to have energy efficient improvements installed
  • No monthly mortgage insurance
  • Less restrictive qualifying terms
  • Buyers still eligible even after a short sale

Eligibility Requirements
A buyer must have sufficient entitlement available with VA and be a(n):

  • Veteran (single or married)
  • Veteran and non-Veteran spouse
  • Two Veterans – married or unmarried
  • Unmarried surviving spouse of an eligible Veteran (certain restrictions apply)

Target Borrowers
VA Loans can often be the best mortgage option for eligible buyers who:

  • Are first-time homebuyers
  • Have lower credit scores
  • Have limited funds to close
  • Have higher debt ratios

FHA 203(k) Standard

  • Primary residences only
  • Up to 96.5% LTV for 203(k)
  • HUD consultant needed
  • Flexible with types of renovation done
  • Financing of repairs limited to FHA loan limits
  • 3.5% down payment

FHA 203(k) Limited

  • Primary residences only
  • Up to 96.5% LTV for 203(k)
  • HUD consultant needed
  • No structural repairs allowed
  • Finance up to $35,000
  • 3.5% down payment


  • Available for primary residences, second homes and investment properties
  • Up to 95% LTV for primary residences
  • HUD consultant needed for repairs larger than $35,000
  • Luxury improvements and landscaping allowed
  • Loan amounts up to $424,100
  • 5% down payment


  • Low down payment (5% to 10%)
  • Construction period up to 12 months
  • One application
  • Streamlined builder approval process
  • No prepayment penalties
  • Extended locks available
  • One-time close option available (most popular)
  • Two-time close option available
  • Available for primary residences and second homes.

*Loan Programs may change at any time with or without notice. Information deemed reliable but not guaranteed. All loans are subject to credit approval and property appraisal. Not a commitment to lend.

Call our Mortgage Loan officer for mortgage products, terms, and rates 715-735-3913 extension 116.

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