Purchase & Refinance

Mortgage Rates depend on many factors so we won’t waste your time with teaser rates.  Call now to speak with one of our experienced mortgage professionals who can help you get the right solution for your needs

 

Purchase

This was the Boyle’s first time purchasing a home.  They were pleased with the services of Foundation Mortgage and the team they worked with when buying their first home.  They too were a complete pleasure to work with and when you watch this video, you will understand why.  Watch the video below to hear about their experience.

Refinance

The Genova’s are returning clients to Foundation Mortgage.  They have worked with James Fleshman numerous times on the purchase and refinance of their home.  They too are great clients and it’s always a pleasure to hear from them.  Watch the video below to hear about their experience.

 

Mortgage Do’s and Don’ts:

  • Determine your ideal down payment

  • Keep money in your account, not under your mattress

  • Talk to your Loan Officer before you move money

  • A gift from a family member is acceptable, but discuss with your Loan Officer for documentation requirement

  • Refrain from starting a new loan or line of credit and from making any large credit purchases.

COnventional

  • Minimum 3-5% down payment

  • Standard loan approval process

  • Gifts may be allowed

FHA

  • Minimum 3.5% down payment

  • Lower interest rates

  • Gifts allowed

VA

  • 100% financing - no down payment

  • No monthly mortgage insurance

  • Eligibility based on VA status

USDA/Rural Housing

  • 100% financing - no down payment

  • geographical limitations