706-443-5010 - 316 South Lewis Street - LaGrange, GA 30241

New Purchase Loan Services

Conventional Mortgages - Fixed Rate

  • Minimum of 5% down (most be own funds)
  • Credit Score Driven
  • Mortgage Insurance or BPMI
  • Fixed Rate and ARM Loans available
  • Loan Limit $417K

FHA Mortgages - Fixed Rate

  • Generally 3.5% down payment required (Gift Funds Allowed)
  • Liberal Credit Scoring allowed
  • Up Front MI required/ Monthly MI required
  • Fixed Rate and ARM Loans available
  • Loan Limits vary by county and stat

FHA HUD REO $100 Down Program- Fixed Rate

  • $100 Required Down Payment
  • Earnest money requirement of $500 or $1000
  • No appraisal required
  • Liberal Credit Scoring Allowed
  • Up Front MI required/ Monthly MI required
  • Look up local FHA Foreclosures
  • Standard FHA guidelines apply

USDA Mortgages 100% Financing- Fixed Rate

  • No down payment requirement
  • Credit score driven
  • Most be USDA eligible
  • Income Restrictions apply
  • Extensive inspections my apply:  Well, Septic, Septic Service, Termite
  • Check property eligibility

VA Mortgages 100% Financing- Fixed Rate

  • No down payment requirement
  • Up front funding fee required in most cases/ No monthly MI required
  • Special underwriting guidelines apply
  • Fix Rate Loan available

Adjustable-Rate Mortgages (ARM)

Loans that are amortized at a specific rate for a shorter period of time of 1, 2, 3, 5, 7 or 10 years and become adjustable after that term. Most ARMs have caps in which they cannot exceed. ARMs generally have lower rates than the average fixed rate, and are recommended for first-time homebuyers.