FHA | VA Mortgage
Backed by government agencies, FHA and VA mortgage loans combine flexible credit & low down payment requirements with excellent rates
FHA Highlights:
FHA mortgages combine great rates with more forgiving rules on credit, asset, and income qualifying. Perfect for 1st-time homebuyers, lower credit scores, and those wanting minimal purchase down payments
- 1-4 unit: primary residence only
- Salary, hourly, self-employed, and/or retirement/investment income used
- Minimum: 580+ credit score, stable income, and low financial reserves
- Purchase, refinance, and cash-out mortgages
- Loan-Value (LTV) percentage ranges up to 96.5%
- Quick closings: 2.5 - 4 weeks
- Loans range from a max of $472,030 (1-unit) to $907,900 (4-unit)
- High-Cost (urban/suburban) Area range from a max of $1,089,300 (1-unit) to $2,095,200 (4-unit)
- Gift funds: allows a range of family, personal, and employment sources allowed
- Online Application | Secure Document Uploads | Mobile App | Email/Text Loan Updates!
- FHA Streamline Loan: a low-cost/document & quick-closing option to refinance your existing FHA loan
VA Highlights:
VA loans are designed to help Veterans and other eligible borrowers obtain home mortgages. These low-rate mortgages offer up to 100% LTV, limited closing costs, no monthly mortgage insurance, and easier qualifying
- 1-4 unit: primary residence only
- Salary, hourly, self-employed, and/or retirement/investment income used
- Credit score min 580+, stable income, and minimal financial reserves required
- Purchase, refinance, and cash-out mortgages
- Loan-To-Value (LTV) percentage range up to 100%!
- Quick closings: 2.5 - 4 weeks
- Loans range from a max of $726,200 (1-unit) to $1,396,800 (4-unit)
- High-Cost (urban/suburban) Area range from a max of $1,089,300 (1-unit) to $2,095,200 (4-unit)
- VA Jumbo Loans are available
- Online Application | Secure Document Uploads | Mobile App | Email/Text Loan Updates!
- VA Interest Rate Reduction Refinance Loan (IRRRL): a low-cost/document & quick-closing option to refinance your existing VA loan