Faye Emerson Realty works in conjunction with the following types of loans/payment options:
A mortgage that is not guaranteed or insured by any government agency. It is typically fixed in its terms and rate. Conventional mortgages save cash for borrowers with good credit.
Rural Development loans
Zero-down-payment mortgages for rural and suburban homebuyers. Qualified buyers can purchase their dream homes with 100% financing.
Idaho Housing and Finance Association loans
Qualified lenders will receive safe, fixed interest loans at affordable rates, in addition to assistance with down payments and closing costs.
Federal Housing Administration (FHA) loans
Requires a low down payment and is accessible to lenders with less than perfect credit.
Veterans Administration (VA) Loans
Benefits include no monthly mortgage insurance premiums, upfront and annual mortgage insurance charges and lower average interest rates than other loan types.