Five Star Mortgage Solutions offers a variety of loan possibilities to fit your needs and financial situation. Call us today and we’ll help you understand the options available to you.
FHA
- Ideal for first home buyers
- Requires smaller down payment
- Easier to get credit approval
USDA Rural Housing
- No money down: Up to 100% financing
- Ideal for low and moderate income rural familes
- Low interest, 30 year fixed rates
VA Loans – For Veterans
- No money down: Up to 100% financing
- No PMI (Private Mortgage Insurance)
- Competitive interest rates and no prepayment penalties
Conventional
- Ideal for moderate to high-income familes
- Flexible terms
- Low down payments
FHA 203K
- Borrow enough to purchase home and make repairs
- Mortgage can be greater than the purchase price
- Can also cover temporary housing
Home Renovation Loan
- Borrow enough to purchase home and make improvements
- Update kitchen, baths, flooring, light fixtures, etc.