Before you can purchase a home or refinance, you need to identify the mortgage product that will meet your needs.
MMS Mortgage Services, Ltd. is a licensed loan originator and servicer. Our range of mortgage products includes options that are ideal for first time or repeat homebuyers, current homeowners, and those who would like to build a home or invest in a vacation home.
Conventional mortgages are those that are not backed by government agencies such as VA or FHA. When a conventional mortgage fits within the conforming loan limits set by Fannie Mae and Freddie Mac, it is a conforming loan.
A VA mortgages are insured by the Department of Veterans Affairs. This type of mortgage also features easy credit qualifications and affordable interest rates. Plus, eligible applicants can purchase a home with no down payment with this type of mortgage. There is also no PMI.
Another type of mortgage that you can use to purchase a home with no down payment in a rural area is a USDA mortgage. This income-based program is backed by the US Department of Agriculture.
Is your dream home still on the drafting board? We can connect you with flexible financing for home construction. Sooner than you know, you will be laying the foundation for your future.
Do you need assistance making your down payment? We can help you determine your eligibility for this state program.
MMS Mortgage Services, Ltd. is an Equal Housing Lender. As prohibited by federal law, we do not engage in business practices that discriminate on the basis of race, color, religion, national origin, sex, marital status, age, because all or part of your income may be derived from any public assistance program, or because you have, in good faith, exercised any right under the Consumer Credit Protection Act. Disclaimer: Programs subject to change without notice. All borrowers must qualify per program guidelines.