Alpine Mortgage has access to all of the programs you need to flexibly finance your first home or your dream home based your individual requirements and qualifications.

USDA Guaranteed Rural Housing:
-103.5% Financing - 100% of purchase price plus the 3.5% financeable guarantee fee
-No monthly mortgage insurance
-Income limits apply based on family size and location of property
-Properties must fall within a USDA-eligible location - including many eligible communities within short commutes of major employment areas!
-Single family properties and approved condos allowed
-Seller contributions up to 6% of purchase price are acceptable

FHA:
-96.5% Financing for purchase of 1 to 4 unit primary residence properties
-1% Up-Front Mortgage Insurance Premium can be financed into the loan
-Seller contributions up to 6% of purchase price are acceptable
-3.5% minimum borrower contribution can be satisfied with gift funds from eligible donors

VA:
-100% Financing for qualifying veterans - owner occupied 1 to 4 unit properties and approved condos
-VA Funding Fee can be financed above the purchase price - or waived for qualifying disabled veterans
-No Monthly Mortgage Insurance
-Seller contributions allowed up to 4%

Conventional:
-Mortgage Insured loans now available for Purchase up to 97% Loan-to-Value for qualifying borrowers
-Loan options now available up to 95% LTV with no monthly Mortgage Insurance for qualifying borrowers

Fannie Mae Homepath:
-Special program for Fannie Mae-owned foreclosure properties!
-High Loan-to-Values with no Mortgage insurance
-All occupancies - primary residence, second home or investor
-Appraisal may not be required on qualifying properties

The major mortgage institutions have established programs with flexible qualifying ratios, guidelines and, in some cases, reduced appraisal requirements for their existing customers. These programs, designed to reduce rate or transition from adjustable to fixed rate mortgages, include:

Fannie Mae Refi Plus and Freddie Mac Relief Refinance:
-Up to 105% Loan-to-Value on primary residence, second home, and investor occupancies!
-Existing second liens can be subordinated with no limitations
-Mortgage insurance is generally not required when not in place on current lien

FHA Streamline Refinance:
-Streamlined documentation and enhanced ratios for rate reduction of existing FHA loans.
-When not financing closing costs, no appraisal required!

VA Interest Rate Reduction Loan:
-Streamlined documentation and enhanced ratios for rate reduction of existing VA loans.
-VA Funding Fee reduced to .50%

In a foreclosure-saturated real estate market, the home you see can be financed into the home you visualize with these programs:

FHA Streamline 203K:
-All standard guidelines and benefits of regular FHA financing apply
-Finance up to $35K in non-structural repairs and upgrades above the purchase price
-You select your contractors and obtain your own bids, no special consultants needed
-50% of repair costs can be disbursed at closing table - the remainder at completion of work

FHA Full 203K:
-Financing for major renovation projects
-Up to 96.5% LTV and/or HUD loan limits, no cap on repairs to be financed.

Fannie Mae Homepath Renovation Loan:
-Finance the lesser of $35K or 35% of the estimated completed value of qualifying Fannie Mae-owned foreclosure properties
-High Loan-to-Values with no Mortgage Insurance

With access to the most aggressive products available, Alpine Mortgage can obtain cash-out financing for qualifying borrowers to the following Loan to Values:

-FHA: 85% Loan-to-Value on 1&2 unit owner occupied properties
-VA: 95% Loan-to-Value on single family, 90% on 2 to 4 unit owner occupied properties.
-Conventional: 85% Loan-to-Value on single family owner occupied properties, 70 to 75% on other property types depending on occupancy and number of units.