Add-ons that work across Conv, FHA, VA, and USDA.
Construction-to-perm, down payment assistance, renovation, buydowns, and more.
All Agency.
All Agency programs are structural add-ons that layer onto conventional, FHA, VA, or USDA loans. Need to finance a new build? Buy a fixer-upper? Buy down the rate for the first few years? These are the tools. We use them constantly, most borrowers don't even realize they exist.
- ✓Buyers building a new home
- ✓Buyers with limited down-payment savings
- ✓Anyone buying a fixer-upper
- ✓Buyers who want a lower rate for the first few years
Questions we get about all agency.
What's the difference between One-Time and Two-Time Close construction?
One-Time Close rolls construction and permanent financing into a single loan with one closing. Two-Time Close uses separate loans for build and takeout, more flexibility, but more paperwork and an extra set of fees.
How do temporary buydowns work?
A 2-1 buydown, for example, reduces your rate by 2% in year one and 1% in year two, returning to the note rate in year three. The buydown cost is prepaid, often by the seller as part of the deal.