Variety of Options... Experienced Professionals to Guide You

First Time Buyer Options

We offer the following programs to assist first time buyers:

• THDA Bond Program (Tennessee Housing Development Agency)

• DPA (Memphis & Shelby County Down Payment Assistance)

• MHC Bond Program (Mississippi Housing Corporation)

• USDA Rural Development

These programs are in the form of a bond, grant, or loan to typically first time buyers with income limits. Each program has different parameters, but are designed to assist a buyer with a lower down payment than a regular FHA loan generally. Contact one of our loan officers for specifics & guidelines for each.

FHA (Federal Housing Administration)
Designed to help borrowers, who are purchasing mid-priced homes, qualify for the lowest down payment (3% investment) with the most flexible credit guidelines, generally reviewing only the last 12 months of credit.

VA (Veteran Administration)
VA loans allow eligible Veterans to purchase a home with 100% financing... no down payment.

Expanded Conventional Loans
Designed for borrowers with less than perfect credit.  We offer "Expanded Loans" that allow more flexible credit and higher debt-to-income ratios than traditional conventional loans, unlike most banks who can only approve conventional loans that meet rigid guidelines.