Home Loans
30 yr. as low as3.50% APR*

Borrowing

FHA & VA Loans

As a first-time homebuyer or veteran of the U.S. military, you can benefit from special mortgage financing programs to get a competitively low rate on your home purchase. We offer FHA and VA loans to Financial Builders members.

FHA loans are ideal for people who aren’t able to offer a high down payment or for first-time homebuyers. VA loans work perfectly for veterans and members of the military looking to purchase a home — with up to 100% financing available! Explore our options below and contact us for more information.

FHA Loans

FHA loans are federally insured, which may require a smaller down payment and may offer a lower interest rate than a comparable conventional loan. This might be the right loan for you if you are a first-time homebuyer or if you have limited cash for a down payment and closing costs.

  • Down payments as low as 3.5%
  • Fixed or adjustable interest rate
  • Flexible terms up to 30 years
  • Requires FHA mortgage insurance
  • Balloon payment options not available

*APR = Annual Percentage Rate.  Rates subject to change and based on creditworthiness.  At a rate of 5.5%, 360 monthly payments of $5.68 per $1,000 borrowed

VA Loans

If you have been a member of the U.S. Military, you may qualify for a VA loan to help you purchase a primary residence. VA loans are federally guaranteed, which can make home buying more affordable with a fixed interest rate and payment, no monthly mortgage insurance to pay, and in some cases, no down payment requirement. If you are a veteran, we would also like to say a special "thank you" for your service! 

  • Up to 100% financing for eligible military personnel
  • Fixed/level payment of principal and interest for the life of the loan
  • Balloon payment options not available
  • Flexible terms up to 30 years
  • Monthly mortgage insurance not required