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Crump
Mortgage offers a wide variety of loan programs
which enables us to find the right loan for your
individual situation.
Use
our Mortgage Calculator
to estimate your payments.
FHA
and VA Mortgage Programs
Federal Housing Administration (FHA) and Department
of Veterans Affairs (VA) loans are popular homebuyer
choices. These loans are provided by the
federal government and must meet certain
requirements.
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FHA
Loan |
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VA
Loan |
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Low down payment options
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Financing for eligible service members |
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Available for a variety
of loan terms |
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No down payment options available
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Typically requires
mortgage insurance |
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One time VA funding fee typically
required |
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Features:
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Features:
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Down payment options as low as
3.5% |
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Flexible income, debt, and
credit requirements |
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You may be able to use a gift or
grant toward closing costs and
all or part of the down payment |
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Available in a variety of
fixed-rate and adjustable-rate
loan options |
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Financing for qualified
veterans, reservist, active duty
personnel or eligible family
members |
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Low and no down payment options
available |
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Flexible income, debt and credit
requirements |
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Down payment and closing costs
may come from a gift or grant |
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Available in a variety of
fixed-rate and adjustable-rate
loan options |
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You may add extra features such
as a temporary buydown |
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CONVENTIONAL LOANS
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Purchase higher priced homes |
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Receive lowest interest rate possible
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Minimum down payment 5%
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FIRST TIME HOME BUYER ASSISTANCE PROGRAMS
FHA
203k HOME RENOVATION LOAN
REFINANCE
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Capitalize on lower rates |
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Convert an adjustable rate to a fixed
rate |
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Reduce the term of your loan 25, 20, 15,
or 10 years |
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Eliminate the need for mortgage
insurance |
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Edward
Hull "E.H." Crump
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