Peoples Home Equity, Inc.

PRODUCTS

LET's GET STARTED

Review our helpful application checklist to see what we may need from you to make the loan process as easy and hassle-free as possible.

CONVENTIONAL

Traditional loan programs that usually require 5% down and offer competitive rates. Full documentation and good credit are necessary.

FHA

Backed by the Department of Housing and Urban Development (HUD) since 1934, this mortgage offers the borrower the ability to put as little as 3.5% down payment. Sellers can contribute up to 6% of the purchase price to the buyer toward closing costs. An FHA loan is usually available at an attractive lower rate and are great for the first-time homebuyer.

Peoples Home Equity Inc. is not acting on behalf of or at the direction of HUD/FHA or the Federal government.

VA

Backed by the Veterans Administration and the federal government since 1944, known as the GI Bill of Rights and enacted by President Franklin D. Roosevelt, it is similar to FHA except you don't need a down payment and you have to be a qualified Veteran or military person.

USDA

Backed by the government as a 100% purchase loan. These loans are only offered in rural areas and serviced by direct lenders that meet federal guidelines.