Conventional mortgages offer lower costs than some other popular loan types, making them a great choice for many homeowners. If you have a high enough credit score and a large enough down payment, a conventional mortgage might be right for you.
Low Down Payment
Competitive Interest Rates
Low Mortgage Insurance
Manufactured Housing Allowed
The Section 184 Indian Home Loan program is specifically for American Indian and Alaska Native families, tribes, Alaska Villages or tribally designated housing entities. The entire state of Oklahoma is an eligible area for this mortgage option.
Low Down Payment
Competitive Interest Rates
Low Mortgage Insurance
Flexible Credit
Manufactured Housing Allowed
From paying off debt, to sending a child to college, to going on a killer vacation, reasons people take out second mortgages vary tremendously.
Maximum Loan Amount :
$3,000,000 (Including 1st Mortgage)
Minimum Loan Amount:
No LImit
Maximum Loan to Value (LTV):
80.0% (89.0% with FICO over 740)
Minimum FICO Score:
645
Maximum Debt to Income (DTI):
43%
Occupancy:
Owner Occupied
A jumbo home loan is a mortgage that exceeds the maximum conforming loan amounts. A non-conforming Jumbo Loan might be the best fit if you’re buying a home with an above-average purchase price or if you live in a more expensive housing market.
Low Down Payment
Competitive Interest Rates
Mortgage Insurance (optional)
The Rural Development loan is a 100% financed home loan, insured by the United States Department of Agriculture to promote home ownership in less-dense communities. It can be a good option if you're buying your first home or having trouble saving for a down payment. It's one of the few loans that doesn't require you to have cash upfront for the down payment.
(In Eligible Area)
No Down Payment Required
Competitive Interest Rates
Low Mortgage Insurance
Maybe you want to purchase a property to rent out for future income, or you want to flip and sell for a profit. These loans are generally short term and cannot be your primary residence.
VA Loans are only available to veterans, active-duty military members and their surviving spouses. Some benefits of VA Loans are no down payment required. and doesn't require you to pay mortgage insurance, regardless of how much money you put down.
No Down Payment Required
Competitive Interest Rates
No Mortgage Insurance
Manufactured Housing Allowed
FHA loans, which are backed by the Federal Housing Administration, offer the ability to get approved with a lower credit score and a low minimum down payment. If you put less than 10% down on an FHA loan, you’ll have to pay a mortgage insurance premium for the life of your loan – regardless of how much equity you have.
Low Down Payment
Flexible Credit
Competitive Interest Rates
Low Mortgage Insurance
Manufactured Housing Allowed
Secure that annual getaway and purchase your dream vacation home! There are more options than you'd think to finance a second property, so talk to us today about yours.
With a VA jumbo loan, homebuyers have increased access to homes in high-cost metro areas, while utilizing their VA loan benefits, including $0 down.
No Down Payment Required
Competitive Interest Rates
No Mortgage Insurance
Building is your chance to make sure you have everything you want in a home, especially with these short term loans. Once building is complete, home construction loans are either converted to permanent mortgages or paid in full.
Maximum Loan Amount:
$3,000,000.00
Minimum Loan Amount:
$50,000.00
Maximum Loan to Value (LTV):
80.0%
Can exceed if you have a pre-approval for a secondary market loan.
Minimum FICO Score:
645
Maximum Debt to Income (DTI):
43.0%
If you’re interested in building a house, chances are you might have to apply for a land loan if you choose to build. Or, maybe you're starting a new business and will need some land to expand or build?
Maximum Number of Acres:
No Limit
Maximum Loan Amount:
$3,000,000.00
Minumum Loan Amount:
$50,000.00
Maximum Loan to Value (LTV):
80.0%
Maximum Debt to Income (DTI):
43.0%
Minimum Fico Score:
645
Pre-approval is available to help determine loan amounts, payments, closing costs and can help increase negotiating power. To pre-approve you, we will look at your income, assets and credit to determine what loans you may be able to get approved for, how much you can borrow, and what your interest rate might be. Call us or come see us to get pre-approved so you know the price range in which you should be shopping.