Mortgage Loans

Mortgage Loans

Mortgage Loans

Our Homeownership Center is the one-stop-shop!

You can find dozens mortgage types, and hundreds of factors to think about whenever attempting to determine how to buy, but only 1 loan is suitable for you. We make discovering that loan that is right and simple to get hold of certainly one of our home loan professionals today to get started!

Advance Payment Assistance

NeighborWorks Down Payment Assistance system helps make homeownership easy for first-time homebuyers of moderate earnings by filling the space between that which you are able to afford additionally the expense of housing.

A homebuyer that is first-time somebody who has not owned a main residence within the last few 3 years. NeighborWorks Alaska provides two programs for first-time homebuyers, the Alaska Housing Finance Corporation (AHFC) Tax-Exempt as well as the Taxable First-Time Homebuyer.

Tax-Exempt First-Time Homebuyer System

The Tax-Exempt system (TEP) provides reduced rates of interest to qualified homebuyers that are first-time meet maximum earnings restrictions and purchase price restrictions. First-time homebuyers could be entitled to mortgage decrease in addition to NeighborWorks Alaska Down payment help system to simply help supply the payment that is down eradicate the requirement for home loan insurance coverage helping you save money each month.

Taxable First-Time Homebuyer System

This first-time homebuyer system provides a lowered rate of interest to eligible borrowers. Unlike the program that is tax-exempt there aren’t any maximum earnings or purchase price restrictions.

United states of america Department of Agriculture (USDA)

Provides up to 100per cent funding for qualified borrowers thinking about purchasing home in specified aspects of rural Alaska.

Federal Housing Assistance (FHA)

Made for a debtor with just minimal advance payment and allows reduced credit ratings than that needed for Conforming loans; now offers a ‘streamline refinance’ of a FHA that is existing loan minimal paperwork needs. Czytaj więcej about Mortgage Loans