Members who are first time or repeat home buyers, meet a range of life situations, and are looking for a low down payment and flexible credit score requirements. ![]() Cancel mortgage insurance when eligible.Home Possible ® Loan options & eligible for Members who meet the following requirements are be eligible for this loan program: Relocating due to an executed employment agreement with a relocation benefits package offered by their current or future employer, relocating to the United States from another country, and must be relocating within 24 months of the loan application date. Relocation Loan Program options & eligible for Members who are actively serving in the military, Veterans and spouses of service members who have deceased in the line of duty. Members who are financing a purchase or a refinance for an amount exceeding the conforming limit of $726,200 established by the Federal Housing Finance Agency ( FHFA). The 15/30 balloon product is great for members who want to finance an investment property and experience the benefit of a smaller payment comparable to a 30 year loan payment. ![]() United finances investment properties for up to 15 years. Investment Property Balloon Loan options & eligible for Once your home is built, your construction loan will become your permanent mortgage without paying two sets of closing costs. Members who are interested in financing the construction phase and permanent mortgage in one transaction from the same lender. Construction-to-Permanent Loan options & eligible for Once the build is complete, you may apply for a permanent mortgage loan. This loan can be used to purchase the lot from a builder with the intention of building right away. Members who want to finance only the construction phase of their home. Construction-Only Loan options & eligible for Choose from a variety of terms to fit your financial goals. Members who want to purchase a lot intended for a residential build, but don’t plan on building for several years. If you are in the field of medicine, but don't see your title listed here, contact us for customized loan options to help serve your needs. ![]() Members with the following licensed credentials are eligible for this loan are Physicians with MD, DO, and DPM as well as titles Dentist, Chiropractor, Veterinarian, Physician's Assistant, Nurse Practitioner, and Nurse Anesthetist. Medical Professionals Loan options & eligible for With reduced mortgage insurance required, this loan comes with additional affordable mortgage insurance options. Members who are first time or repeat home buyers who are looking for flexible funding options to put towards their down payment and closing costs with no personal funds required. Members who don’t have a lot of equity in a home they currently own or don’t have a lot of funds available for a down payment to purchase a home. Members who have good credit but don't have the liquidity to pay a down payment and would like to avoid paying PMI in exchange for a slightly higher interest rate. 0% Down 4 No PMI Loan options & eligible for Members who have a variety of credit characteristics allowing for competitive solutions to purchase or refinance a home.
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