USDA Loans
USDA loan is special type of a zero down payment mortgage that eligible homebuyers in rural and suburban areas can get through the USDA Loan Program
VA Loan
Afford More House with our FHA and VA Loans.
Great news for homebuyers and homeowners alike!
The Federal Housing Administration and the Department of Veterans Affairs have increased loan limits - meaning you can now finance more with the attractive rates and low down payment options of our FHA and VA loans.
FHA Loans:
The current standard loan limit for areas where housing costs are relatively low is $314,827, while the new national-ceiling loan limit for the very highest cost areas is $726,525.
- Down payments as little as 3.5%
- Credit scores starting at 500
VA Loans:
VA loan limits are based on county median home values reported by the Federal Housing Administration. These values are the basis for which VA calculates limits for our program. Contact me to find out what the VA loan limit is in your county!
- No down payment required on purchases!
- Credit scores starting at 560
Looking for a Mortgage Loan in Lake Norman / Mecklenburg area?
Mortgage Loan Options
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Conventional
Conventional loans to 95% loan-to-value (LTV) – not us. A 97% LTV is just one of the things that make Newrez’s conventional loans a better choice
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Jumbo Loans
Big Jumbo loan gives your customers the ability to borrow more than the traditional loan amounts with a lower down payment requirement.
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ARMS
An adjustable-rate mortgage (ARM) is a type of mortgage in which the interest rate applied on the outstanding balance varies throughout the life of the loan.
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VA Loans
The Federal Housing Administration and the Department of Veterans Affairs have increased loan limits - meaning you can now finance more
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Refinance Loans
Refinancing is the replacement of an existing debt obligation with another debt obligation under different terms.