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Loan Programs
For most, owning their own home is a dream come true, but not many know how to make this dream a reality. We recognize the frustration that can accompany the home loan process and therefore strive to make the process of buying a home as convenient and seamless as possible. As such, we are proud to offer a wide array of mortgage programs to help our customers fulfill their dream of home ownership. Our programs provide a wide range of options to satisfy your financing needs and include:
Conventional Loan Programs
A fixed- or adjustable-rate, fully amortized loan secured by a mortgage or deed of trust that is not insured or guaranteed by an agency of the federal government (such as FHA or VA). Conventional mortgages typically have a maximum loan limit which is monitored on a yearly basis by Congress. Conventional mortgages are also referred to as Conforming loans.
Examples of our more popular Conventional Loan Programs include:
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30 Year Fixed
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15 Year Fixed
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5/1 ARM
Government Loan Programs
A mortgage loan that is insured or guaranteed by a federal government entity such as the Federal Housing Administration (FHA), the U. S. Department of Veterans Affairs (VA), or the Rural Housing Service (RHS).
Examples of our Government Loan Programs include:
Alt-A Loan Programs
Mortgage loans where the borrower possesses a strong credit history, but is in need of non-traditional underwriting and processing guidelines. Examples of such non-traditional guidelines include limited documentation, both asset and income, and expanded debt-to-income ratios.
Examples of our Alt-A Loan Programs include:
Reduced Down Payment Loan Programs
Programs which are designed to meet the needs of borrowers with strong credit and employment profiles, but who cannot make the standard down payment. Funds for down payment, closing costs, and/or prepaid items may be obtained from the buyer's own funds, gifts from a family member, or grants from an employer, non-profit, or government agency.
Examples of our Reduced Down Payment Loan Programs include:
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Flex 97
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Flex 100
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Flex 80/20
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My Community
Construction to Permanent Loan Programs
A mortgage loan for financing the cost of construction as well as the permanent financing of a new home. This program is cost effective for the borrower as it allows for a one-time close of both the construction and permanent mortgage loan. This is different than the more traditional construction programs which required the borrower to close the construction loan before construction could begin and then close their permanent mortgage loan once the house was complete.
Alternative Loan Programs
Loan programs which offer a more tailored approach to lending for the borrower. These programs may allow for interest-only payments, no private mortgage insurance, or even the ability to take advantage of the equity in a home.
Examples of our Alternative Loan Programs include:
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