THE RIGHT LOAN PRGRAM FOR YOUR FAMILY, there are wide range of HOME loan programs to meet your specific needs.

FHA loan minimum down payment as low as 3.5% of the purchase price. FHA loans are available to borrowers with lower credit scores, sometimes as low as 500. Interest rates on FHA loans are often comparable to conventional loans, and sometimes even lower. You can pay off your FHA loan early without facing any penalties. Mortgage Insurance Premiums, All FHA loans require mortgage insurance, which includes an upfront premium at closing and ongoing monthly premiums. There are limits to how much you can borrow with an FHA loan, which vary by location. FHA loans are intended for primary residences only.

 conventional loan is a type of mortgage are  not insured or guaranteed by a government agency. These loans are popular among homebuyers who have good credit and can afford a larger down payment. Borrowers can choose from a variety of fixed and adjustable-rate loan options. With a 20% Down Payment, you won't have to pay PMI. Conventional loans often have higher loan limits compared to FHA and VA loans, making them a good option for more expensive properties. If you have a strong credit profile, conventional loans can offer lower overall costs compared to government-backed loan  

• Conforming Loans: These loans meet the guidelines set by Fannie Mae and Freddie Mac, including loan limits, credit requirements, and debt-to-income ratios.
• Non-Conforming Loans: These loans do not meet Fannie Mae and Freddie Mac guidelines. One common type of non-conforming loan is a jumbo loan, which exceeds the conforming loan limits.

Mortgage loan offered by private lenders and guaranteed by the U.S. Department of Veterans Affairs (VA). It's designed to help veterans, active-duty service members, and certain members of the National Guard and Reserves purchase homes. It requires no Down Payment, there's No PMI (Private Mortgage Insurance), lower interest rates compared to conventional loans. Flexible credit and income requirements make it easier for veterans and service members to qualify. The VA limits the amount of closing costs that veterans can be charged, helping to reduce overall expenses. Borrowers must obtain a COE (Certificate of Eligibility ) to verify their eligibility for a VA loan.

Have a question or want to schedule a consultation on  your Buying power? Contact us today and we'll get back to you as soon as possible.