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FHA FIXED AND ADJUSTABLE RATE MORTGAGE

FHA home loans are mortgages which are insured by the Federal Housing Administration (FHA), allowing borrowers to get low mortgage rates with a minimal down payment.

FHA 203(K) MORTGAGE

Our easy-to-use calculator puts you in charge of estimating your mortgage payment.

MORTGAGE

CALCULATOR

The Section 203(k) program is FHA's primary program for the rehabilitation and repair of single family properties. As such, it is an important tool for community and neighborhood revitalization, as well as to expand homeownership opportunities.

FANNIEMAE HOMEREADY

This loan product serves home buyers who may have low-to moderate income and limited cash for a down payment, requiring as little as 3% down, and is accessible to borrowers with credit scores as low as 620.

USDA

The USDA guarantees certain types of mortgages. To qualify, the home must be the borrower’s principal residence and  must be located within a USDA-eligible area. The USDA website contains interactive maps with which you can pinpoint an address or take a wider view of a region.

FREDDIEMAC HOME POSSIBLE

MORTGAGE

Home Possible® mortgages offer low down payments for low- to moderate-income homebuyers or buyers in high-cost or underserved communities.

VA LOANS

VA loans are mortgages guaranteed by the Department of Veteran Affairs. These loans offer military veterans benefits, including low interest rates and no down payment requirement. This program was designed to help military veterans realize the American dream of home ownership.

Interested? Find out more from your Princeton Mortgage Loan Officer.

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