Mortgage Loan Programs

Learn about the different loan programs that we offer.

If you aren't exactly sure which loan program is right for you, it’s OK. One of our mortgage experts would love to help you figure it out. 

Condos
  • Conventional, FHA, and VA financing available
  • Any down payment less than 20% requires monthly mortgage insurance
  • No investment condos allowed
  • Refinancing options are available
Conventional Loan
  • Minimum required down payment as low as 3% of purchase price
  • Any down payment less than 20% requires monthly mortgage insurance
FHA Loans
  • Minimum required down payment as low as 3% of purchase price
  • FHA monthly mortgage insurance and upfront premium is required
  • Loan limits vary by county
In-House
  • Financing options available for those who may not meet secondary market requirements at this time
  • 20% down payment
  • Adjustable rate options only
Investment Properties
  • 20% down payment required
  • No monthly mortgage insurance
  • Cash reserves are required
  • Refinancing options are available
NDHFA FHA
  • 3% down payment assistance available
  • Income guidelines apply
New Construction
  • 20% down payment required
Second Home
  • 10% down payment required
  • Any down payment less than 20% requires monthly mortgage insurance
  • Cash reserves are required
  • Refinancing options are available
USDA
  • Rural locations only, check USDA website for applicable cities
  • 100% financing option available
  • USDA upfront guarantee fee and annual fee is required
  • No monthly mortgage insurance
  • Income guidelines apply
VA Loans
  • 100% financing option available
  • VA funding fee can be financed into loan, if applicable
  • No monthly mortgage insurance