Loan Programs…     The loan program that is best for you is the one you can qualify for that meets your short and long term goals while still able to comfortably carry the loan.

Because of the financial crisis that we have had over the last few years available mortgage options have been reduced down to the most secure and safest loans.

For the first time buyer with who does not have a large down payment we have the FHA Guaranteed Loan. A mortgage loan issued by a lender but guaranteed by the Federal Housing Administration in the event of default. There are a few variations of the FHA loan, including HUD Home $100 down payment program, but the basic guidelines are the same. Please click on the FHA icon to go to that page for more information.

If you are a veteran with an honorable discharge you may qualify for a mortgage loan guaranteed by the Veterans Administration (VA). VA can help many veterans own a home without a down payment and reduced costs. Click on the VA icon for more information.

Homes considered to be located in an area defined as “rural” may be eligible for a USDA guaranteed home loan. That’s right the same people that grade our meat can help you get into a house with up to 102% financing. Click on USDA and find out where these homes are.

Conventional loans are loans that are not government insured. Depending on the situation may require a larger down payment, up to 20%, than with a government insured loan. Click on “Conventional” to view the different options.

Conventional Loans with a twist. These are loans that are not government insured but do have some of the same incentives and low down payment options. The Fanny Mae “Homepath” program designed to finance homes owned by Fannie Mae to