There are over 200 loan programs available. You could call a random lender to get pre-approved but why put the biggest investment you will ever make in to a person that has not been recommended to you? Why does it matter you ask? Who knows who they are? Are they good at what they do? Do they have your best interest in mind? Will they give you the best loan for you or will they do what’s easiest for them? A word of advice, get a referral from someone that has worked with your lender of choice. This way you have some background on the person that will be handling your biggest investment.
Denise Hodges 515-975-0901 with RedRock Mortgage is a Homes for Heroes lender. Loans available with as little as 1% down payment. $5000 VA grants for Vets. Denise specializes in Traditional loans such as Conventional, FHA, USDA and VA loans and provided a discount to our Heroes participating in the Homes for Heroes program.
Adam VanderKamp (515) 422-4227 with Land Home Financial Services has Grant money (4.5% of purchase price) available to help with Down Payment/Closing Cost for Home Buyers in addition to Traditional Mortgages including;Conv, FHA, VA, USDA and IFA.
Sonya Wingfield 515-865-6859 with Collins Community Credit Union has in-house loan options for those trickier loans in addition to 100% financing, Traditional loans, Like it to Love it Rehab loans (This loan product allows the buyer to purchase a home and finance the repair cost), Non traditional home loans (non conforming homes) and offers FHA alternative loans.
Neighborhood Finance Corporation 515-246-0010 aka NFC Neighborhoods throughout Des Moines qualify for a $10,000 forgivable grant to help make home improvements. In addition to the 10k grant they also pay $2500 towards the buyers down payment/closing cost. $35 Application applies, must pick up application at NFC.