FHA Loan Programs
The following is a partial list of programs offered by Keystone Bankers with brief description of each.
For a complete list of the programs that we offer, please contact us or call 1-800-USA-CASH.
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CHFA
Program is available to first time home buyers. Call us at 203-772-4000 for more information.
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FHA Mortgage
Backed by the Department of Housing and Urban Development, this mortgage offers the borrower the ability to put as little as 3.5% down payment – and they can even finance “allowable” closing costs. Seller can contribute up to 6% of the purchase price to the buyer towards closing costs. 100% financing approved only through our Credit Score Analysis.
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Reverse Mortgage
Reverse mortgage program is a Federal home loan program for seniors over the age of 62 who want to secure a low rate, line of credit on thier personal residence. There is no credit or income needed to qualify. Proceeds can be used to pay off existing mortgage debt, personal debt or whatever the borrower chooses to decide.
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VA Mortgages
Backed by the Veterans Administration and the federal government, it is similar to FHA except that you have to be a qualified Veteran or military person.
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Conventional
Traditional loan programs that usually require 5% down and offer competitive interest rates. Documentation and fair-to-good credit are necessary.
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Jumbo Loans
Offers 30 and 15 year fixed rate mortgage and competitive ARM products with full document, alternate documentation and limited documentation.
Cash out and No cash out refinance are allowable. Single family detached, Condo's, PUD's and single-family second homes can be financed with no prepayment penalty.
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