Excellent Credit Mortgage Options
So you’re finally at a stage in your life where you’re successful and making good money. Perhaps you’ve paid off the mortgage on your current home or close to doing so. Whether you’re a skier who loves the mountain slopes, a lover of sunny beaches, or a retiree seeking to finally escape, there are second homes available to meet a wide range of different budgets.
With profitable opportunities in the housing market, owning a second home is a dream for many. If you’re at the right place and right time in life and have been toying with the idea of buying a second home, now could be a good time to take the leap. When you’re ready to move past settling down to finally getting away, Homestead Mortgage can help.
Great Credit Home Loans
It’s important to know your credit score and understand what impacts it. Once you understand this information, you can begin to positively maintain it so you can give yourself the best chance possible of qualifying and securing a home loan.
Conventional Home Loans
Conventional loans conform to loan limits set by Freddie Mac and Fannie Mae’s underwriting requirements, and offer more flexible terms and fewer restrictions than government-backed loans. For borrowers with great credit scores, conventional loans are the best way to go.
- Low Down Payment
- Low Interest Rates
- Faster Loan Processing
Jumbo Home Loans
A jumbo loan exceeds the conforming loan limit of $424,100 for a single-family home in most areas of the United States, and a loan limit of $636,150 in high-priced areas. Great credit proves you can manage high monthly payments.
- Access to Significant Funds
- Different Rate Programs
- Convenience of One Loan