Mortgage Product Menu
We offer many mortgage products to assist with your homebuying needs. Take a look at each option below for a little more information:
Construction
- Interest only payments during the building process
- Minimum 10% down payment
- Land equity, if already owned, can be counted towards the required minimum down payment
- Lender credit available for closing costs
- 12 month construction period
Conventional
- Minimum 3% down payment
- Second homes require minimum of 10% down
- Lender paid PMI options available
- No PMI option available for WHEDA
FHA
- Minimum 3.5% cash required from buyer
- No income level or property location requirements
Jumbo Loans
- Over $484,350 loan amount
- 5/1 Jumbo Portfolio ARM at 80% LTV
- Only one appraisal needed
Lot Loans
- For future construction or personal use
- Minimum 10% down payment
USDA
- Loan-to-Value based on appraisal amount, not purchase price like other loan programs
- 0% down payment required
- Must meet income and property eligibility guidelines
VA
- Up to $2,000,000 loan amount
- 0% down for loans up to $453,100
- No PMI required
Portfolio
- 80/10/10 for those who qualify
- Special rates or exceptions possible outside of the above programs
- Bridge loans: obtain financing to secure your new residence before you close on the sale of your current home
And More
- FHLB Down Payment Plus available
- Investment properties
- Self Employed Bank Statement Program with minimum 10% down payment
Ask about our mortgage options today!
Mortgage products are subject to change and availability. All products are subject to credit score requirements, property type, appraisal requirements, and other considerations.