Conventional Loans

 

• Loan Amount:
  • Purchase or Refinance Conforming Loans up to $806,500
  • Jumbo Loan available: above $806,500 up to $3,000,000
  • Minimum credit score of 620 required (660 for Jumbo loans)
• Terms: 10, 15, 20, 25, or 30-Year
• Up to 95% Loan to Value (LTV) financing for Purchases
• Up to 97% LTV for 1st-Time Homebuyers (has not owned a home in the past 3 years)
• Loans less than 80% LTV do not require Mortgage Insurance
• Minimum Credit Score of 620 required (700 for Jumbo Loans)
• Seller Contribution and Gifts of Down Payment allowed (call for details)
• Modular Home financing available
• Double-wide Manufactured Homes with Land financing available
• Investment Property financing available (call for details)
• Subordinate financing available (call for details)