As a Direct Lender, we are approved to fund the following types of loans:
VA – Veterans Administration Loans $0.00 Down Payment
FHA – HUD Federal Housing and Urban Development 3.5% Down Payment
Fannie Mae – Federal National Mortgage Association Founded in 1938 during the Great Depression. Publically traded since 1968. Securitizes mortgages in the form of Mortgage – Backed – Securities
Freddie Mac – Federal Home Loan Mortgage Corporation
Fannie Mae & Freddie Mac loans are more commonly know as Conventional Loans. The down payment required varies from program to program.