LOAN PROGRAMS:  The following are the most common loan programs in today’s market.  It is important to review your options with a licensed mortgage broker.

Please contact us with more specific questions about obtaining financing.

FHA Loan (Federal Housing Administration Loan)

· Non-First Time Home Buyers Accepted

· Competitive 30 Year Fixed Rate

· No Maximum Income

· No Educational Class Requirements

· Minimal Down Payment

· Seller Can Assist with Closing Costs

· Closing Costs/Down Payment can be Gifted from Family or Non-Profit

· Low Mortgage Insurance

· High Purchase Price Allowed, up to $357,000 Through 2010


Veterans Administration Loan

· 100% Financing

· Non-First Time Home Buyers Accepted

· Competitive 30 Year Fixed Rate

· No Educational Class Requirements

· Seller can assist with monies toward Closing Costs

· Can Be Used for Resale or New Build Properties

· Maximum Purchase Price $417,000


Conventional Loan

· Up to 95% Financing

· Competitive Rates

· First Time Home Buyers, Move Up Buyers, Second Homes, Investor Loan Programs

· Mortgage Insurance Waived if 20% Down

· Seller can Assist with Closing Costs