|
||
Last Updated: Nov 21, 2024
|
203(k) Renovation Loan The FHA 203(K) Renovation Loan program provides funds for both the purchase and renovation of a home packaged into one mortgage loan. FHA Borrowers who don’t qualify for conventional loans have a good chance at an FHA loan. They can be used to purchase or refinance a home. Homestyle® Renovation Loan HomeStyle® Renovation Mortgage provides a convenient way for borrowers to make renovations. NHF Down Payment Assistance Grant (Specific to North Carolina) the NHF Platinum homebuyer assistance program provides eligible families and individuals with a grant that does not have to be repaid. Reverse Mortgage A reverse mortgage is a sophisticated financial planning tool that enables seniors to stay in their home and maintain or improve their standard of living without taking on a monthly mortgage payment. 100% USDA Financing The Guaranteed Rural Housing Loan Program is available for properties in almost every area of the country outside major metropolitan areas. VA Home Loans VA offers a variety of home loan guaranty programs for Active Duty Service members, Veterans, and National Guard and Reserve members. Conventional Loan Conventional loans are those not insured or guaranteed by the Federal Government. They fall into two categories: Conforming, which are loans equal to or under $417,000, and non-conforming, which are loans above $417,000. |