Non Veteran Financing

FHA LOANS:

  • Available to All United States Citizens
  • Insured by the United States Government
  • Designed to Allow Low Down Payment (3.5% the Purchase Price) or 100% Financing in some cases
  • Property must be Owner-Immediate Family Occupied.

Note:

  • Maximum Loan Amount up to $271,050
  • Available in 15, 20, 25 & 30 Year Terms.
  • Seller is Allowed to Pay Up to 6% of Sales Price for Buyer’s Closing Costs.
  • Special Low-Fixed Interest Rates.
  • Can Not Have An Outstanding FHA Loan on Other Property.
  • Can Pay 15% Down Payment & Get Non-Owner Occupied/Investor Loan.
  • Can Own Other Real Estate.
  • Veterans Realty Specializes in FHA Loans!!

CONVENTIONAL LOANS:

  • Designed For Anyone and Everyone.
  • Most Require a 5%, 10%, 15%, 20% or more Down Payment.
  • Available in 15, 20, 25 & 30 Year Terms.
  • The Amount of Closing Costs the Seller is Allowed to pay fluctuates with the Type of Conventional Loan.
  • Some Offer 100% Financing with No Money Down Payment-Must Be Owner Occupied!
  • Loan Underwriting is more liberal than Government Type Loans.
  • Property Does Not Have to Be Owner-Occupied in Most Cases.
  • These type Loans can be Custom Designed for Most Buyers.
  • Veterans Realty Specializes in all Types Conventional Loans!!

Contact Veterans Realty for more information.