Loans & Programs
One-Size-Fits-All Doesn't have to apply to your mortgage
We can tailor your home mortgage to your specific situation because we have options. Which means you have options. Your Loan Officer will provide loan products options that work in your best interest.
Purchasing and Refinancing
Conventional mortgages are loans that private companies insure. These loans meet the funding criteria set by Fannie Mae and Freddie Mac. Prestige Home Mortgage offers several conventional loan types:
- Interest rate security
- Monthly payment stability
- Best for buyers planning to stay in their homes for a long time
- Low starting interest rate
- Lower monthly payments during the initial term
- Best for buyers planning to keep their loan for a shorter period
- Fixed and ARM options
- Loans up to $3 Million
- Best for borrowers who are in the market for higher-priced homes

Government Loans
The government guarantees specific programs through various agencies. The goal is to serve borrowers with unique circumstances better. These loans are only offered through approved lenders such as Prestige Home Mortgage.

- Down payment as low as 3.5%
- Flexible use of gifts and grants for a down payment
- Best for borrowers with limited assets for sale
- Low to no down payment
- Refinance within the VA program without re-qualifying
- For eligible past and present service members and spouses
- Down payment is not required
- Provide up to 100% financing
- Best for borrowers with limited assets looking to buy in rural areas
Renovation Loans
State Housing Finance Agencies offer programs to residents to help buy a home. Conditions and guidelines vary depending on the agency. These programs offer special incentives for first time home buyers:
Fannie Mae (FNMA) Home Style allows you to buy and renovate a primary residence, second home, or investment property. The minimum down payment of 3% in a single mortgage is up to the lending limit.
Construction only loans finance the building of a house. Once the home is complete, borrowers must refinance into a permanent loan.

Downpayment assistance & Other niche Programs
There are many more unique loan programs we can help you gain access to. If homeownership is your goal, we can help you achieve it. Schedule a call with our Loan Officers today to see what programs you qualify for. You could be closer to homeownership than you think.