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Purchase Loans

Wondering which loan type is right for you? Reach out to our team!

Conventional

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  • Loan Limit: $832,750 (up to $1,249,125 in high-cost areas)

  • Down Payment: As low as 3% or 5% for eligible borrowers

  • HomeStyle: min. 5% down (Rehab Loan)

  • 580 minimum credit score* (on approved credit)

  • Up to 9% seller-paid closing costs may be allowed within program limits

  • Property appraisal guidelines differ from government-insured loans

  • Home Types: Stick-built, log, shop/home, manufactured

  • Self-Employment loans may be available

  • Jumbo & Bank Statement non-QM loans may be available

  • Home Select AIO: first-lien HELOC option may be available through select programs — call for details

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FHA

  • Loan Limit: $541,287 (up to $1,249,125 in high-cost areas)

  • Down Payment: As low as 3.5% for eligible borrowers

  • 580 minimum credit score* (on approved credit)

  • Up to 6% seller-paid closing costs may be allowed within FHA limits

  • Manufactured homes may be eligible (subject to FHA guidelines)

  • 203K Rehab loans may be available

  • Home Types: Stick-built, log, shop/home, or manufactured

  • Mortgage insurance required

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USDA

  • Zero Down — 100% Loan Program***

  • 550 minimum credit score* (on approved credit)

  • Up to 6% seller-paid closing costs may be allowed within USDA guidelines

  • Geographical area & income limits apply

  • Mortgage insurance required

  • Home Types: Stick-built or manufactured

VA

  • No Max Loan Limit — Based on Vet’s Cert of Eligibility

  • Zero down** option- 100% Loan Program

  • 580 minimum credit score* (on approved credit)

  • Unlimited allowable seller-paid closing costs and prepaid items may be available, up to 2 discount points, with seller concessions up to 4% per VA guidelines

  • Home Types: Stick-built, log, shop/home, or manufactured

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Investment

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  • Home Select AIO: first-lien HELOC option may be available through select programs — call for details

  • DCSR, Jumbo, Bank Statement, & Self-Employment

  • 1-4 unit: 25% Down (on approved credit)

  • Seller may contribute up to 2% to buyer closing costs

  • AirBnB may be allowed: 2nd Home or Investment

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*Minimum scores may be higher based on property or occupancy type

 

**100% financing up to the appraised value of the property, for eligible VA borrowers.

***100% LTV of the appraised value plus the guaranteed fee, for eligible borrowers in approved rural areas.

 

All Programs, Rates and Guidelines Subject to Change at Any Time. Specific Debt to Income Ratios, Credit Score,and Loan to Values will apply on Programs.

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