USDA (RD) Loan
- September 18, 2014
- Mortgage Loan
- 0 Comments
USDA (United State Department of Agriculture) also known as Rural Development loans are granted up to 100% of the appraised value of the home and are designed for rural properties (typically towns with populations less than 20,000). These loans are primarily used to help low – moderate income families so there are income limits with
Jumbo Loans
- September 18, 2014
- Mortgage Loan
- 0 Comments
Jumbo Mortgages are loans that allow you to exceed the conforming loan limit of $726,200. If you have a lower debt-to-income-ratio, good credit and a larger down payment, this may be the loan for you if you are looking to buy a high-priced or luxury home.
Home Construction Loans
- September 18, 2014
- Mortgage Loan
- 0 Comments
Construction loans are offered for use to build your dream home when the builder isn’t taking out the loan themselves. Call your Nebraska Mortgage Expert for more details.
Refinancing
- September 18, 2014
- Mortgage Loan
- 0 Comments
A person may choose to refinance their current mortgage in order to lower their current interest rate, shorten their term or remove someone from the loan, for example in the case of a divorce. Please contact your Nebraska Mortgage Expert to see whether or not a refinance would be beneficial to you.
Reverse Mortgages
- September 18, 2014
- Mortgage Loan
- 0 Comments
A Reverse Mortgage is a loan that allows seniors 62 or older use the equity they’ve accumulated in their homes to borrow money. As long as the Reverse Mortgage is outstanding, no monthly payments are required. There are no income qualifications because the size of the loan depends on the applicant’s age, home value and