Looking for a No or Low Down Payment Home Loan?

Looking for a No or Low Down Payment Home Loan?

Schaefer Mortgage Corporation offers several programs like VA Loans, FHA Loans, NHHFA Loans are available now and also allow for NO Mortgage Insurance in some cases.

VA loan program also offers veterans 100% financing. Maximum loan amount is currently at $417,000.00. Couple this 100% financing with 4% seller paid closing cost and you have no cash layout.

FHA loans offer 97% financing and in some circumstances 100% financing is possible with the use of an approved Grant program. FHA allows up to 6% seller paid closing cost.

NHHFA Loans
The Single Family Mortgage Program provides first mortgage financing at below market rates, 30-year fixed rates, options with 1 point or with no points, low down payment requirements, cash assistance grants, and other flexible underwriting criteria.

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Home Loan Services Include

100% Financing, New Hampshire Housing, FHA, VA, USDA. Financing for single family residence, investment properties, multi-family houses, condos, island homes, commercial properties. Fixed rates, adjustable rate mortgages including 1/1 Arms, 3/1 Arms, 5/1 Arms, 7/1 Arms, 10/1 Arms, 30 year fixed mortgages, 20 year fixed mortgages, 15 years fixed mortgages, and 10 year fixed mortgages.

Programs

Home Loan Services Include