Home Loans for Nurses – Home Buying Programs – Refinancing – FHA Mortgages
Nurse Home Loans
We offer excellent mortgage options for nurses,
including loans programs for home purchases and refinances.
Our mortgage programs are available for all types of nurses. We offer some of the best loan options for both home buyers and nurses looking to refinance. If you are looking to purchase a home, refinance an existing mortgage, or take equity out of your house, take a look at what we can offer you. We offer very competitive home loans for nurses.
What Sets Us Apart From Other Lenders?
We encourage you to compare us to several other mortgage lenders so that you can see the terms we offer may be substantially better than any other home financing option available. What can we guarantee regarding our mortgages for nurses?
- Lowest down payment available anywhere.
- Very competitive interest rates and closing costs.
- Simple processing for an efficient close.
- Flexible credit requirements (must have at least fair credit though, which is a 620 score or higher)
What we recommend as a first step is to get a free consultation from us. This will answer all of your questions, and you can receive a loan quote and pre-approval. Then, speak with other mortgage lenders of your choosing and see who can provide you with the best loan terms. We have helped countless nurses become homeowners, and we aim to be as competitive as possible.
To take advantage of our free guidance and pre-approvals, submit your information on the form on this page, or follow the link below:
Home Buying Programs for Nurses
Our commitment is to assist nurses with the absolute best home buying financing available. Whether you are looking for your first home, searching for a vacation house, or interested in purchasing an investment property, USA Home Financing has a variety of home buying programs. We encourage you to explore our different financing options to find one that best suits your needs. It would be best to either contact us by phone or fill out the contact form to have a loan specialist contact you and inform you regarding our programs. Below can hopefully give you a general idea of what might be the most suitable program for you.
FHA Mortgage Loan Programs for Nurses
FHA mortgages offer excellent home loans for first time home buyers, especially due to having such easy qualification guidelines. The less stringent requirements that FHA offers, includes allowing lower credit scores and income qualifications than conventional loans. Many who are turned down for a conventional loan will be approved for a FHA loan. Once on an FHA insured mortgage, you may qualify for an FHA streamline refinance on your future loans. A streamline refinance is a quick and easy loan process that only requires a small amount of documentation, and no appraisal is needed (your original appraisal will be used regardless if your homes value has depreciated).
Conventional Home Mortgages
Conventional loans are the best option for home buyers that are able to place a substantial down payment on the purchase of their home. If you plan to put 20% or more down than you should consider our conventional home loan since you will not have to pay any monthly mortgage insurance. Additionally, with a low LTV (loan-to-value) of 80% you will qualify for a lower than typical rate.
HARP Government Refinancing (underwater mortgages)
HARP – which is the abbreviation for Home Affordability Refinance Program was created in order to help American homeowners who owe more money on their mortgage than their home is worth. This sort of situation would usually make it practically impossible for a homeowner to refinance. This caused a large amount of foreclosures nationwide which necessitated an option being created to help those in such a dire situation. HARP allows borrowers to qualify for a government refinance to reduce their interest rate and monthly payment regardless of their home equity situation. To qualify for a HARP refinance, borrowers must be in good standing with their current mortgage lender and they also must owe at least 80 percent of the loan. This is an ideal program for “underwater” homeowners.
Below are the US states that we provide home loans for nurses in:
Alabama, Arizona, Arkansas, California, Colorado, Florida, Georgia, Kansas, Louisiana, Iowa, Illinois, Indiana, Maryland, Michigan, Minnesota, Missouri, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, Ohio, Oklahoma, Oregon, South Carolina, Tennessee, Texas, Utah, Virginia, Washington, Wisconsin, Wyoming.