Mortgage Options

Traditional, fixed-rate mortgages for homes.

• Loan term of 15, 20, or 30 years
• Down payment as low as 5% of purchase price
• Have the option to include your property taxes and homeowners insurance with your monthly payment

Fixed-rate, in-house mortgages for first time home buyers.

• Loan term of 20 years, can be amortized up to 30 years
• Down payment as low as 10% of purchase price
• Requires that you include your property taxes, homeowners insurance, and private mortgage insurance with your monthly payment
• Income limits apply; speak with a consultant for more details

Fixed-rate mortgages insured by the Federal Housing Administration with lower down payment requirements.

• Loan term of 15 or 30 years
• Down payment as low as 3.5% of purchase price
• Requires that you include your property taxes, homeowners insurance, and private mortgage insurance with your monthly payment
• Requires that the home meets certain conditions and must be used as your primary residence

Mortgages for homes in eligible rural areas as defined by USDA.

• Loan term of 30 years
• No down payment requirement
• USDA mortgage insurance is required for loans
• Requires that you include your property taxes, homeowners insurance, and private mortgage insurance with your monthly payment

Purchase mortgage with low down payments, and no borrower paid mortgage insurance.

• Loan term of 20 years, can be amortized up to 30 years
• Down payment as low as 3% of purchase price
• No mortgage insurance fee to borrower
• Requires that you include your property taxes and homeowners insurance with your monthly payment
• Requires that the borrower meets certain income limits