Mortgages that are not insured / guaranteed by the federal government. Conforms to Fannie Mae / Freddie Mac’s underwriting requirements and loan limits.
Loans offered to First Time Homebuyers looking to purchase in specific areas that are targeted for revitalization. Interest rates are below-market.
Mortgages that not only cover the cost of the home, but also provides funds that can be used for repairing, restoring, or other improvements.
Other Loan Types
Loans that don’t conform to the loan purchasing guidelines set by Fannie Mae / Freddie Mac. Fail to meet bank criteria for funding.