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Buying a home can be overwhelming. There are so many financing options, offered by so many different banks, lenders, and brokers. Don’t stress yourself out trying to find the perfect product and perfect rate on your own – that’s what we’re here for!

Contact us today to start a conversation about which loan option is right for you. We don't believe that one size fits all, so you can finance your home knowing that you can relax. We've got this!

 

What everyone does but we do better:

 

Conventional

A Conventional Purchase is a “traditional” mortgage with as little as 3% down payment, requiring no upfront mortgage insurance fees and cancellable monthly private mortgage insurance. Both Fixed Rate & Adjustable Rate Mortgage options are available.

FHA

If you're a first-time homebuyer and your credit score isn't great, an FHA loan may be a great option for you. FHA loans allow for as little as 3.5% down and have options available for buyers with credit scores as low as 600.

VA

Veterans and active duty military may qualify for 100% financing (0% down payment) with no monthly mortgage insurance through the VA loan program.

USDA Rural Financing

Designed for properties located in rural areas, the USDA loan program provides up to 100% financing (0% down).

Jumbo Loans

Sometimes bigger is better when it comes to your dream home. For those who require higher loan amounts, you can enjoy low payment options and no mortgage insurance.

HomeReady® Mortgage

With as little as 3% down, reduced mortgage insurance, and no minimum contribution from the borrower, this option is perfect for first-time homebuyers who may have a relative helping with the down payment.

 

What we do that your average lender doesn't:

 

Silverton Secure+

Secure your mortgage before even finding a property! We'll underwrite your loan and lock in your rate before you purchase your home, giving you and potential sellers the security you need to compete with cash buyers. Ask us about our on-time closing guarantee! Click here to learn more.

MH Advantage®

Millions of people across America are in need of affordable housing AND flexible financing. MH Advantage® homes now offer improved interior and exterior features, which translates to a beautiful home with a competitive mortgage. Click here to learn more.

100% Conventional Financing

Get a "traditional" mortgage with no money down and no mortgage insurance. For primary residences only, this is a great option for those with a higher credit score but not a huge amount to contribute to the down payment initially.

Down Payment Assistance

Silverton is an approved lender for more than 20 Down Payment Assistance programs in Alabama, DC, Georgia, Florida, North Carolina, and South Carolina. Programs differ by county, so let's have a conversation about the right fit for you.

 

What we do to help you build or renovate your dream home:

 

Renovation Loans

Whether you're saving a deal with repair contingencies or helping to update a home to meet your evolving needs, our renovation loan programs allow you to finance the cost of the home and potential renovations/repairs all in one go.

Construction-Permanent Loan

With as little as 10% down, we can help you build a new home or renovate/improve an existing one. Our Construction-Permanent program streamlines your experience with only one closing for both the construction and permanent phases of your loan. Click here to learn more.

 

ALL LOANS SUBJECT TO CREDIT APPROVAL

Rates, fees, other charges and terms subject to change. Available loan programs and terms will vary by state. Trademarks are the property of their respective owners.

Example of 96.5% LTV (3.5% Cash Down) FHA Loan Program with $200,000.00 sales price. $196,377.00 loan amount,$7,000.00 cash down payment - 30-year fixed rate loan with zero points. 360 monthly payments at $923.44 each (P&I only). Monthly payments do not include required mortgage insurance, taxes, insurance premiums or other applicable escrows. Actual payment amount will be higher. Example includes$1,295 origination fee. 4.965% APR 3.875% interest rate as of 11/7/2019. 
Example of 97% LTV (3% Cash Down) Conventional Loan Program $300,000 sales price. $291,000.00 loan amount,$9,000.00 cash down payment - 30-year fixed rate loan with zero points. 360 monthly payments at $1,410.33 each (P&I only). Monthly payments do not include required mortgage insurance, taxes, insurance premiums or other applicable escrows. Actual payment amount will be higher. Example includes$1,295 origination fee.  4.462% APR 4.125% interest rate as of 11/7/2019.  
Example of 97% LTV (3% Cash Down) HomeReady Mortgage Program with $300,000.00 sales price. $291,000 loan amount,$9,000.00 cash down payment - 30-year fixed rate loan with zero points. 360 monthly payments at $1,389.28 each (P&I only). Monthly payments do not include required mortgage insurance, taxes, insurance premiums or other applicable escrows. Actual payment amount will be higher. Example includes$1,295 origination fee. 4.057% APR 4.0% interest rate as of 11/7/2019.  

Click on a product from the list below to learn more about it.

Silverton Secure
Secure your mortgage before
even finding a property
Compete with All-Cash Offers. We'll fully underwrite your loan before find a home. Helping you close even faster!
Conventional Purchase
3% down payment
One of the most versatile mortgages. Great for seasoned purchasers or even first-time home buyer!
FHA
3.5% down payment
Great for first-time homebuyers allowing for low down payments and less than perfect credit.
VA
100% financing for qualified
veterans, no monthly MI
Great option for our military veterans. 0% down and no monthly M.I.? Sign me up!
HomeReady Mortgage
3% down, reduced PMI
No minumum borrower contribution
An affordable low down payment program designed for creditworthy low- to moderate-income borrowers.
USDA Rural Financing
100% financing
Designed properties located in rural areas allowing for 0% down!
Jumbo Loans
Loan amounts over $417,000
As little as 10% down
Made for loan amounts that exceed conventional financing limits, which depending on the area can be over $417,000.
Piggyback
Fixed second up to 95%
A second mortgage can help you to avoid PMI or combine it with a Conventional loan for an alternative option to Jumbo.
FHA 203K
Renovation or repair up to
110% LTV of the after improved value
Ideal for the home in need of a little TLC. New kitchen, floors, bath? Let's do this!
Construction & Renovation
As little as 10% down
Wanting to build a new home or renovate/improve an existing one? We can help!