Affordable Home Loan Programs

Our low down payment home loan options are great for first-time home buyers who have limited monies in their checking, savings, money market, and retirement accounts. Many programs allow gift funds from relatives and monies from other home buyer organizations.  All programs are subject to underwriting approval.

Conventional Loan Program

• Requires a 3 percent down payment on owner occupied loans
• Great for purchase and refinance transactions.
• Owner occupied, vacation homes, and investment properties allowed.
• Allowed on owner occupied 1 - 4 units, condominiums, and townhouses.
• No prepayment penalties.
• Offered in all states except New Jersey.

Federal Housing Administration (FHA) loan

• Great for purchase and refinance transactions.
• Requires a 3 percent down payment on purchases.
• Allowed on owner occupied 1 - 4 units, condominiums, and townhouses.
• No prepayment penalties.
• Not offered in all states. Please contact a mortgage agent for more information at 1-800-811-5385. 

Veterans Affairs (VA) loan

• 100 percent financing for qualified veterans.
• Allowed on owner occupied 1 - 4 units, condominiums, and townhouses.
• No monthly mortgage insurance (MI) required.
• No prepayment penalties.
• Seller concessions allowed up to 4 percent.
• Offered in all states except New Jersey.