Page 12 - B2BAAG15_Affinity Lending Brochure

CONVENTIONAL LOANS JUMBO LOANS
Conventional loans can be Loan amounts above
used to purchase or refinance the limit set by Fannie
single-family homes or 1-4 Mae and Freddie Mac
unit properties. They are are considered jumbo
available at 10-, 15-, 20-, 25-, (LTV restrictions apply).
and 30-year terms.

FHA LOANS VA LOANS
FHA loans can help borrowers Veterans Affairs (VA) loans
with limited assets buy homes are available to U.S. active
with only a 3.5% down payment. and retired military and
Most upfront costs, including the some surviving spouses. VA
down payment, can be covered loans have many advantages
by gifts from family members. available, including no down
payments and no insurance
premiums.