Homebuyers with good credit and enough funds to handle a larger down payment are ideal candidates for a Conventional Mortgage Loan. Buyers putting down 20% or more are not required to get private mortgage insurance, and Conventional Loans include NO Upfront Mortgage Insurance payments.
Veterans Affairs (VA) home loans are available to service members, veterans, and eligible surviving spouses. They provide a home loan guaranty benefit and other housing-related programs to help buy, build, repair, retain, or adapt a home for personal occupancy.
FHA Mortgage Loans are insured by the Federal Housing Administration to protect FHA-approved lenders and minimize their risks. Buyers benefit from lower down payment requirements, lower mortgage insurance premiums, better interest rates, and more liberal credit histories.
The One-time Close Construction Loan with Amerifirst allows you to build your dream home and purchase the land, all with just one loan process! This construction loan is a 30-year, fixed rate, USDA Rural Development (RD) construction to permanent mortgage. Down payment as low as 0%.
*Down payment and terms shown are for informational purposes only and are not intended as an advertisement or commitment to lend. Please contact us for an exact quote and for more information on fees and terms. Not all borrowers will qualify.