Financing Options

Conventional

• Low closing costs, flexible payment options

• 3% and 5% down options available

• Fixed & adjustable rates available

FHA (Federal Housing Administration)

• 3.5% down required, can come as a gift

• FHA 203(k) loan available, for fixer-upper properties

• Used to buy & refinance a variety of home types

• Fixed & adjustable rates available

USDA (United States Dept. of Agriculture)

• For buying homes in rural areas, 30-year fixed rate

• No down payment required

• 30-year fixed rate comparable to conventional loan rates

VA (Veterans Administration)

• For members & veterans of the Armed Services

• No down payment or monthly mortgage insurance required

• Rates usually better than conventional loan rates

• Used to buy & refinance a variety of home types

• Fixed & adjustable rates available

Contact a Loan Officer Today!