Karen Keyser, "The Funding Master", specializes in ALL Residential Real Estate Mortgages. This includes Purchases, Refinances, Reverse Mortgages, Lot/Land/Construction, Remodel / Rehabilitation and specialty loan products. Conventional: This is what would be referred to as a “Traditional” home loan. FHA: Is a Government home loan product. This loan is available to anyone who qualifies for their
Primary residence. It is NOT used for Investment properties. It can be used in a Purchase or Refinance transaction. This loan DOES have “Upfront” Mortgage Insurance and Monthly Mortgage Insurance. This loan only requires a 3.5% Down payment. VA: This loan is for Veterans who are eligible to receive their Veteran Benefits. This loan is also a Government Insured loan. There is NO down payment required in most transactions. There is NEVER any Monthly Mortgage Insurance. USDA: This is a Government insured loan used in the Rural areas of the County. It is a 100% loan, no Down Payment is required. The qualifications are similar to FHA. There are many specialty loan products in the Mortgage Market, to include the following:
Portfolio Products
FHA 203K/ Rehab/Remodel
Cross-Collateral/ Bridge Loans
Asset Depletion and Asset Assignment