First Time Homebuyer Loan Options

97% (3% Down) Conventional Loan

• Loan amounts up to $726,200
• Up to 3% seller contributions allowed
• Gift funds allowed toward closing costs​

96.5% (3.5% Down) FHA/FHA High Balance Loan

• Loan amounts up to $472,030 / $1,089,300¹
• Up to 6% seller contributions allowed
• Gift funds allowed toward closing costs

95% (5% Down) Conventional High Balance Loan

• Loan amounts up to $1,089,300¹
• Up to 3% seller contributions allowed
• Gift funds allowed toward closing costs

100% (No money down) VA Loan

Veterans, active-duty service personnel, and reservists deserve to live the American dream that they help protect. Features of the VA loan program include:

• Loan amounts up to $1,500,000
• Up to 4% seller contributions allowed²
• Gift funds allowed toward closing costs

100% (No money down) USDA Guaranteed Rural Housing Program

If you’ve been house hunting in an outlying area, a guaranteed rural housing loan is designed to create opportunities for those with limited savings or modest incomes.³

• Loan amounts up to $726,200
• Up to 6% seller contributions allowed
• Gift funds allowed toward closing costs

All products listed above are for the purchase of a primary residence only.  Low down payment options may not be the best option for all borrowers. Loans with low down payment features may require monthly mortgage insurance which could increase the overall cost of the loan. Talk with a home mortgage consultant for additional details. Contact us today for a complimentary consultation.