Loan Programs

Loan Programs

Conventional Mortgages

Most lenders would consider a conventional mortgage as a loan that conforms to the guidelines set forth by Freddie Mac and Fannie Mae, the two government sponsored enterprises (GSEs).

USDA Loans

A USDA loan is backed by the U.S. Department of Agriculture mortgage as an incentive to improve the economy as well as quality of life in rural America.

FHA Loans

The FHA’s goals are to improve housing standards and conditions, provide an adequate home financing system through insurance of mortgage loans and to stabilize the mortgage market.

VA Loans

The basic intention of the VA direct home loan program is to supply home financing to eligible veterans in areas where private financing is not generally available and to help veterans.

Reverse Mortgages

A lifetime loan available to seniors, and is used to release the home equity in the property as one lump sum or multiple payments. The homeowner’s obligation to repay the loan is deferred until the owner.