We offer mortgage loans that are guaranteed or insured by the US federal government.
If you’re hoping to apply for a refinance or mortgage, you may qualify for a govt. loan. Here are three of the government mortgage loans that we offer.
VA (Veteran Affairs) Loan
-You may be exempt from a down payment for some VA loans.
-You can make up to 100% closing and down payment costs from gift funds.
-You won’t have to pay fees for origination, processing, or underwriting.
-It requires a one-time, upfront payment which is called a funding fee. We’ll collect it when you close the deal.
FHA (Federal Housing Authority) Loan
-You can pay the closing costs and down payment through gift funds.
-They’re easier to qualify as compared to other conventional mortgage loans.
-You can easily finance up-front Mortgage Insurance Premium
USDA (US Department of Agriculture) Loans
-These loans are for rural housing
-There’s no down payment
-Repeat or first-time buyers
-You’ll have to present property location and your proof of income
-You’ll have to pay an annual or upfront Guarantee Fee for the loan’s tenure.
Are you ready to own your dream home?