Borrowers who have good credit have many options when it comes to getting a mortgage. A Beacon Conventional Mortgage Loan is ideal for homebuyers who have good credit.

• Fixed and Adjustable Rates
• Lower Closing Costs
• Term: Up to 30 Years
• Purchase and Refinance Options Available
• Down payments as low as 5%*

The Federal Housing Administration (FHA) is an agency within the Department of Housing and Urban Development. FHA loans are designed to help low-to-moderate income creditworthy families by offering a mortgage with lower down payment requirements and less restrictive qualifying criteria.

• As low as 3.5% down payment required
• Flexible guidelines for qualifying ratios
• Various options for down payment available. Ask a Beacon Mortgage expert for information.

The Rural Housing Loan is a federal program by the United States Department of Agriculture (USDA) that is used to help low- to moderate-income borrowers purchase homes in rural areas. This home loan allows borrowers to obtain mortgage financing up to 100% of a home’s value.

• Up to 100% Financing Available
• Low Monthly Mortgage Insurance
• Flexible Credit and Qualifying Guidelines

The VA loan is a mortgage loan program, available to active and retired military, reservists, and surviving spouses, that’s guaranteed by the U.S. Department of Veterans Affairs (VA). VA loans offer up to 100% financing with flexible qualifying criteria and favorable loan terms.

• Up to 100% Financing
• No Monthly Mortgage Insurance
• Less Restrictive Qualifying Terms