Conventional Mortgages

The majority of all mortgages originated conform to FNMA and FHLMC guidelines. Because of our relationship with both FNMA and FHLMC,
we are able to underwrite and conditionally approve mortgages in minutes.

FHA Financing

The Department of Housing and Urban Development makes available guarantees through the Federal Housing Administration (FHA) that encourage lenders to provide money to borrowers with less down payment or with higher ratios than conforming loans allow. Understanding the flexibility of FHA loans is one of our major strengths.

VA Loans

The Department of Veterans Affairs (VA) allows eligible borrowers to finance 100% of the purchase price of a home. As a prior approved lender we help veterans who are interested in purchasing with little or no money down. Existing VA home owners may wish to take advantage of the VA streamline interest rate reduction loan program. We bet you didn't know that you are probably already approved to lower your higher than market interest rate?

JUMBO

Loans that exceed in size the maximum loan amounts for FNMA and FHLMC are called JUMBO loans (you can find the limits on our Conventional Mortgage page. Contrary to the theory of economies of scale, JUMBO loans are more expensive than conforming ones.

Call Affordable Home Funding at (704) 362-0182 for complete information.