Finance your home

Buying a home is an investment not just into your family but into your future. From growing equity to tax benefits it can be one of the most important decisions you make.  If you are a first time buyer the process can even seem more confusing. A new home may well be the largest financial asset you own.

There are many programs available to help you qualify.

Some of the popular programs available are:

FHA Loan

A Federal Housing Administration (FHA) loan is a mortgage that is insured by the Federal Housing Administration (FHA). They allow a lower minimum down payment and lower credit scores than many conventional loans. A FHA loan requires 3.5% down and those funds can come as a gift to you.

Fannie Mae Conventional 97% LTV

Fannie Mae was setup by congress makes mortgages available.
As a first time buyer you can put as little as 3% down.

Fannie Mae Home Ready®

Great for first time buyers allowing as little as 3% down, with a lot of flexibility on the down payment as well as help for low- and moderate-income borrowers

Freddie Mac Home Possible® Advantage

Freddie Mac was also was also setup by congress  to makes mortgages available.
With this program you can put as low as 3% down.

VA Loan

A VA loan is a $0 down loan available to Veterans, Service Members and select military spouses.

USDA Loan

A USDA loan is a zero down loan and given to select users in rural areas.

Lenwood Estates can help you to achieve your homeownership dreams. We can help you find the right financing that fits every step of the way.