Community News

FHA Loans Are Now Available

FHA and FHA 203K Rehab Loans

Purchase or refinance your home with the FHA (Federal Housing Administration) Loan Program. 

Insured by the Federal Housing Administration As little as 3.5% down Down payment and closing costs can be in the form of a gift Seller can make contribution toward buyer's closing costs Various payment options: 15- and 30-year terms 3/1 and 5/1 ARMs (Adjustable Rate Mortgage).

 VA - Veteran Loans

VA Loans are made only to individuals who have served in one of the U.S. Armed Forces What are the benefits of a VA Mortgage? - For qualified borrowers, a VA Mortgage will allow you to borrow for the full value of the home with no down payment. Who can obtain a VA Mortgage? - The Veterans Administration will guarantee a no down payment, 100% financing mortgage on a home if you are in one of the following classes:

  • An eligible veteran of the US Army, Navy, Air Force, Marines, or Coast Guard
  • An eligible reservist of the above or a member of the Army National Guard or Air National Guard
  • An unmarried spouse of a deceased veteran
  • An eligible individual with service in certain organizations such as midshipmen and cadets at service academies, officers of the National Oceanic and Atmospheric Administration, officers of the Public Health Service among others
  • Qualified individuals who are purchasing a VA foreclosed home
Reverse Mortgages

This mortgage, designed for people who are 62 years of age or older, lets you tap into your home's equity without having to repay the debt for as long as you live there. Instead of making monthly payments, you receive monthly payments.