VA Loans
The Department of Veterans Affairs guarantees loans made to veterans. These loans require little to no down payment. Just as with FHA loans, you may qualify for a VA loan even if you have a foreclosure in your past.
USDA Loans
Depending on your property location and income, you may be eligible for a USDA loan, designed to encourage home ownership in rural communities.
Conventional Loans
These loans usually offer the best interest rates, but require a higher down payment.
Jumbo Loans
Jumbo loans are those that exceed the maximum loan amount acceptable in the other loan programs. Loan amounts exceed $484,400 fall in the jumbo loan category.
Reverse Mortgages
A reverse mortgage makes it possible for homeowners 62 or older to convert their home equity into a home loan with deferred payments. In most cases, those payments can be deferred for as long as the homeowner remains living in the home as their primary residence and does not default on certain obligations such as taxes or insurance. Reverse mortgages can also provide qualifying homeowners with tax-free loan proceeds which is typically used to make retirement more enjoyable, finance housing improvements, or to permit retirees to remain in their own home throughout their retirement so long as the borrower pays property taxes, homeowners insurance and costs associated with home maintenance.
Construction
Within these major loan program groups, we offer a variety of different options depending on your needs and the property you are attempting to finance.
Fixed interest rate loan
Adjustable rate mortgage
15-, 20- or 30-year term*
Single-family residence
New construction
Condo
Multiple-unit property
Manufactured home
At Sunstreet we have the right solution for you!
Call us today and let our staff of professionals assist you in finding the perfect loan.
