FINANCING OPTIONS

Learn about the financing options available to purchase your home.

Fixed rates for 30, 20, and 15-year contracts

First-Time Homebuyer Program - allows as little as 3% down payment*

Financing limits that conform to Government-sponsored enterprise (GSE) guidelines

Property Type Maximum Base Conforming Home Financing Limits
1-Unit $806,500
2-Unit $1,032,650
3-Unit $1,248,150
4-Unit $1,551,250
Property Type Minimum and Maximum* Base Conforming Home Financing Limits
1-Unit $806,500 or $1,209,750
2-Unit $1,032,650 or $1,548,975
3-Unit $1,248,150 or $1,872,225
4-Unit $1,551,250 or $2,326,875

* These are the maximum potential home financing limits for designated high cost areas. Actual home financing limits are established for each county (or equivalent) and the home financing limits for specific high-cost areas may be lower. The original principal balance of a contract must not exceed the maximum home financing limit for the specific area in which the property is located.

Single Family Homes

Condominiums

Townhomes

Planned Unit Developments

Multi-unit (2 to 4 units)

Owner Occupied

Second Home

Non-owner Occupied (Investment Property)

*We assume that closing costs are paid out of pocket; this is your primary residence and is a single family home; debt-to-income ratio is less than 43%; credit score is over 740; and an escrow account for the payment of taxes and insurance. The stated rates may change or not be available at the time of financing or rate lock-in. The stated rates may change or not be available at the time of financing commitment or rate lock-in. Does not include amounts for taxes and insurance premium. If applicable, actual payment will be greater.