Government Loans

When you're ready to purchase a home but you have less cash available for the down payment and closing costs, a Federal Housing Administration Loan*, backed by the FHA, may be for you. This is a popular option if need some flexibility when qualifying for a mortgage and paying the closing costs. As an FHA-approved lender, we pride ourselves on helping people buy a home so they can provide stability and security to their families. Work with our team and be assured you'll receive expert guidance and personalized service.

• Low down payment options – as little as 3.5% of the appraised value
• Gift funds may be used for down payment or closing cost assistance 
• Expanded credit guidelines available
• Seller can pay closing cost up to 6%
• Requires mortgage insurance
• Co-applicant can help with qualification even if they will not live in the home

When you have your eye on a home away from the hustle and bustle of the city, look into a USDA Loan. Offered through the U.S. Department of Agriculture (USDA), these rural development mortgages require less cash upfront and feature competitive interest rates.

• Ideal if you expect to buy in a rural area, as defined by the USDA
• No down payment required
• Lending up to 100% of the appraised value of the home
• A one-time USDA guarantee fee is financed into the loan amount
• A USDA mortgage insurance premium is a component of the monthly mortgage payment
• Restrictions based on income and location
• Eligibility requirements apply
• Refinancing options available