Here are 9 of our most popular loan programs. Click on any of them to learn more details or simply call for more details.
A conventional loan is a type of loan that is not insured by the government. Conventional loans offer more flexibility and fewer restrictions for borrowers, especially those borrowers with good credit and steady income.
FHA home loans are mortgages which are insured by the Federal Housing Administration (FHA), allowing borrowers to get low mortgage rates with a minimal down payment.
VA loans are mortgages guaranteed by the Department of Veteran Affairs. These loans offer military veterans exceptional benefits, including low interest rates and no down payment or mortgage insurance (PMI)
The 1% Down Conventional Loan program helps first-time homebuyers with good credit purchase a home with only a 1% down payment. The lender then grants the borrower 2% of the purchase price up to $7,000. Borrowers must meet 80% Area Median Income limits.
DPA Advantage is an FHA loan program offering a grant for the 3.5% down payment, never requiring repayment. While interest rates are slightly higher, it’s ideal for buyers with limited savings and flexible credit needs.
The FHA 203K loan finances both the purchase and renovation of a home, completed by a licensed contractor under HUD supervision. Ideal for buyers ready to manage renovations to create their dream home in a preferred location.
A 3-2-1 Buydown lowers payments for three years, starting 3% below the note rate. Payments gradually increase until reaching the full rate. Funded by buyers, sellers, or gifts, it’s ideal for growing incomes and easing first-time buyer stress.
An FHA Streamline Refinance lowers interest rates with minimal fees, like no new appraisal. Designed only to reduce rates, with limited cash-out, it’s a quick, easy way to lower monthly payments for FHA borrowers.
When rates improve, VA borrowers can use an Interest Rate Reduction Refinance Loan (IRRRL) to lower their rate. With minimal verifications, no appraisal, and no cash-out, the process is fast, easy, and low-cost.
We’ve been helping customers afford the home of their dreams for many years and we love what we do.
Company NMLS: 181106
Personal NMLS: 1599243
OH RM.804600.000
Ron Pero
81 E Mill St., Suite 300
Gahanna, OH 43230
Barrett Financial Group, L.L.C.
2701 East Insightway, Suite 150
Chandler, AZ 85286
Ronald Alvin Pero | NMLS #1599243 | Barrett Financial Group, L.L.C. | NMLS #181106
2701 East Insightway, Suite 150, Chandler, AZ 85286 | OH RM.804600.000 |
Equal Housing Opportunity This is not a commitment to lend. All loans are subject to credit approval. | NMLS Consumer Access Visit Barrett Financial Group’s Website
