for

home seekers

OPTIONS

CONVENTIONAL
FHA
VA
USDA
Non-Traditional

+ CONVENTIONAL

Fixed-rate conventional mortgage

A fixed-rate mortgage loan with an interest rate that’s set for the entire term.
      • As little as 3% down payment
      • Your interest rate never changes
      • Flexible terms from 1 – 40 years
      • Can use gift funds for down payment
all programs

BEST FOR:

Homebuyers that want the security of a consistent monthly payment.

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all programs

+ FHA MORTGAGE

An FHA mortgage is a home loan insured by the Federal Housing Administration. FHA loans are backed by the government and designed to help borrowers of more modest means and less than great credit, purchase a home.
      • As little as 3.5% down payment
      • May include repair and rehab costs in loan
      • Can combine with down payment assistance programs
      • Can use gift funds for down payment
all programs

BEST FOR:

Borrowers with lower credit scores who otherwise would not qualify for a conventional mortgage loan.

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all programs

+ VA MORTGAGE

VA loans are mortgages backed by the Department of Veterans Affairs and are available to military service members and veterans or their surviving spouses. VA Loans offer lower rates and down payments than a conventional loan.
      • No down payment required
      • No mortgage insurance required
      • Allows the seller to pay towards closing costs
      • Can use gift funds for down payment and/or closing costs
all programs

BEST FOR:

Military Qualified borrowers who want a low interest rate and low/no down payment.

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all programs

+ USDA MORTGAGE

A USDA home loan is a competitively priced mortgage option that helps to make purchasing a home more affordable for low to moderate income individuals living in designated areas.
      • No down payment required
      • No maximum loan amount
      • May include rehab/repair costs in loan
      • Can use gift funds for down payment and/or closing costs
all programs

BEST FOR:

Income-qualified buyers in approved rural and suburban areas who want a low interest rate and low/no down payment.

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all programs

+ NON-TRADITIONAL

Mortgage Products

Non-traditional mortgage products allow you to qualify using better representations of your reliability as a borrower as opposed to traditional forms of income documentation. Such representations may include bank statements or your liquid assets. See your loan officer for additional details specific to your unique situation.
all programs

BEST FOR:

Buyers who have a unique financial situation that may require alternative types of documentation to qualify.

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all programs

WHY HOME seekers WORK WITH ADV MORTGAGE

As a professional mortgage broker, we find, negotiate, and process the best mortgage loan on your behalf. This offers you the best opportunity to obtain the loan product and the interest rate that best suits your needs.