Mortgages

 

First-time homebuyer? Your journey begins with us. A mortgage is a loan that allows you to borrow enough money to purchase a home. Unless you can buy a home in cash, you'll need a mortgage. To help take the mystery out of the process, we have listed some of the most common mortgages. 

 

3.5% Down payment FHA Mortgage

  • 3.5 percent down payment

  • Down payment may be gifted

  • Seller may contribute towards closing costs

 

100% Financing USDA Mortgage

  • Seller may contribute towards closing costs

  • Very low monthly mortgage insurance premium

  • Geographic and income restrictions apply

 

Veteran's Administration VA Mortgage

  • 100% financing

  • Seller may contribute towards closing costs

  • No mortgage insurance

  • Assumable Mortgage