Sample Mortgage Programs

We offer FHA loans and VA loans which require a small down payment or a variety of 100% no money down loans.  At Valley Mortgage we are always looking for new and exciting programs for our customers including our standard products, FHA, VA and conventional loans.

We are handling a large number of first-time home buyer loans, 100% no money down loans and loans for people with challenging credit.  If you are self-employed, work on commission or if you have little or damaged credit you might want to take a look at our NINA program or other reduced documentation loans.  Also ask for more details on our new 40 year mortgage that is available with a fixed or adjustable term.

Our most recent program is designed to help teachers, police officers, firefighters, medical workers and workers in those related professions helping you overcome the high cost of home ownership.  These programs are called Educator's Loan, Defender's Loan and First Responder's Loan, you might be pleasantly surprised in seeing the vast array of people that can take advantage of these new programs.

The Educator's Loan, Defender's Loan and First Responder's Loans are available for new purchases as well as refinancing your current home.  With these new programs there is little or no down payment and to purchase a single-family home all you need is $500 from your own funds at closing.  The remaining down payment and closing costs can come from any other source including gifted money.  You will find that these loan programs have very flexible credit guidelines and there is no income restrictions.  Borrowers without an established credit history may only need a 12-month payment history that includes rent and at least three other monthly bills.