Home Loan Programs |
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FHA Loan / 30 year / 15 years
FHA
Buying a home
- For people who has lower household income and have a low down payment.
- Your down payment can be as low as 3.5% of the price of the home.
- First-time home buyers in Puerto Rico can get the first time home buyer credit up to $8,000! “First-time home buyers” includes anyone who hasn’t owned a home in the past three years.
- FHA also allows seller concessions up to 6% of your home purchase price.
Refinancing
- You can refinance up to 97.75% of your home’s value.
- Refinance your FHA loan and qualify for a lower mortgage payment.
- Offers cash-out refinances up to 85% of your home’s value!
30-Year Fixed
Buying a home
- Has an interest rate that won’t change for the life of your loan.
- For homeowners who plan on owning their home for 10 years or more.
- For people who want to avoid rising interest rates and payments.
- Now first-time home buyers in Puerto Rico can get a tax credit up to $8,000!
Refinancing
- Refinance up to 95% of your home value.
- Refinance up to 80% to take cash out and pay down debt.
15-Year Fixed
Buying a home
- Has an interest rate that won’t change for the life of your loan.
- Rates are currently at or near historic lows.
- People who want to avoid rising interest rates and payments.
Refinancing
- Refinance up to 95% of your home value.
- Can save you thousands of dollars and years.
VA Loan
Buying a home
- For Veterans and current military members, and their surviving spouses.
- No down payment required.
- Seller can pay your closing costs.
Refinancing
- Refinance up to 90% of your home value.
- Cash-out refinance also available.
- We offers 15- and 30-year fixed-rate VA loans.
