Purchasing | closemyloantrinity
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Ready To Purchase a Home?

Congratulations on your decision to buy a home! Below are some of the Loan Products that are currently available.

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Conventional Home Loan

This is the most common of all mortgage loans.

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This loan type offers:

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  • A fixed interest rate for the entire life of the loan.

  • Low down payment options available for qualified borrowers.

  • Loan amounts available up to $625,000.00

  • 10, 15, 20, and 30-year terms available.

Down Payment Assistance

Down Payment Assistance (DPA) programs which provide DPA in the form of a reduced or non-repayable loan or grant.

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  • Down payment and/or closing cost assistance grant, up to 5% of the loan amount.

  • DPA loans through county programs.

  • Affordable interest rates and a variety of levels.

  • FHA, VA, USDA, and Conventional mortgage loan options.

  • May not be limited to first-time homebuyers.

Jumbo Home Loan
(Non-conforming) 

A non-conforming loan is a loan that exceeds FHFA’s loan limits. Which is currently above $625,000

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  • A great option if you are purchasing a more expensive home

  • Have potentially no limits on loan size

  • Have a generally relaxed minimum credit score requirement 

  • The maximum debt-to-income ratio varies by lender

Also available, are our Government Loan Programs.

FHA Home Loan

Federal Housing Administration Loan (FHA) to assist borrowers who may need a low down payment and flexible mortgage guidelines.

 

Great for First Time Home Buyers!

3.5% down payment required - Can be a gift!

Seller can contribute up to 6% of the borrower's closing costs.

Flexible mortgage guidelines.

VA Home Loan

This is an excellent loan that is exclusively available to those that are currently serving or who have previously served in the US military.
Surviving spouse may be eligible, as determined by VA.

Must be a Veteran, Active Duty Military, or member of the Reserves.

No monthly mortgage insurance.

Seller concessions up to 4% of the reasonable value of the property.

Credit scores as low as 620

Up to 100% financing available.

USDA Home Loan

USDA or rural development loan program provides low and moderate income borrowers with better affordable housing finance options with little or no down payment or out of pocket costs. The property must be located within a USDA designated area.

 

  • See if your property is eligible Click here

  • 100% financing available to qualified borrowers.

  • Seller can contribute up to 6% of the borrower's closing costs.

  • Income and property restrictions do apply.

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