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Apply now for a Traverse City FHA Mortgage.

FHA Loans

Traverse City FHA Mortgage Loan

A Traverse City FHA Mortgage is a home loan that is insured by the Federal Housing Administration. Consumers are able to purchase a Traverse City home with a small down payment as low as 3.5% of the total home purchase price. The government insures the lender against losses so banks are able to offer you the lowest interest rates on FHA home loans in Traverse City Michigan. More and more first time buyers are choosing Traverse City FHA Mortgage programs to take advantage of the benefits of homeownership.

We Offer Several Types of Traverse City FHA Mortgage Loans

One of the most flexible mortgage products available today are FHA Mortgages. As subprime loans faded away, the government filled in by loosening the lending guidelines for FHA loans. To qualify for a Traverse City FHA Mortgage you will need a 3.5% down payment on a purchase and a 580+ credit score. Our Traverse City FHA mortgage loan officers at Riverbank are experienced in mortgage lending services and offer the lowest FHA mortgage rates in Traverse City MI.

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    What are the benefits of a Traverse City FHA Mortgage Loan?

    What are the benefits of a Traverse City FHA Mortgage Loan?

    • The Federal Housing Administration (FHA) has Traverse City FHA mortgage loan limits up to $729,750
    • Low credit score borrowers are eligible for a Traverse City FHA Mortgage
    • 3.5% down payment with Down Payment Assistance programs available
    • Credit does matter - Traverse City FHA loans can help establish positive credit
    • No early payoff penalties for your Traverse City FHA Mortgage Loan
    • Traverse City FHA mortgage allow for sellers paid closing costs

    Conventional Mortgage Programs

    A Conventional Mortgage may be harder to qualify for than Traverse City FHA mortgages but you may be able to avoid Mortgage Insurance. Conventional mortgages require a 3-5% down payment however to avoid mortgage insurance you will need 20% equity in your home. Our Traverse City FHA mortgage professionals will review both options to find your largest savings!

    Refinance your Traverse City FHA Mortgage

    A Traverse City FHA Mortgage is a great way to refinance up to 96.5% of the value of your home. Our Traverse City FHA mortgage programs allow you to choose a cash out refinance to pay off debt or do home improvements. Do not wait to take advantage of your refinance savings by refinancing your FHA mortgage or Traverse City VA mortgage today.

    Streamline A Traverse City FHA Loan Refinance

    We can streamline the refinancing your FHA loan is a mortgage program that allows you to lower your monthly payments with limited documentation. Streamline FHA Mortgage loans are insured by the Federal Housing Administration. Currently we are offering rapid streamline the refinances FHA loans with no appraisal and no closing costs. We offer Traverse City FHA loans that lower your mortgage rates through a streamline FHA Mortgage with no application fee and your credit score may not even matter. Ask how you can be approved for a Streamline FHA Mortgage by calling us at 800-555-2098.

    Still have questions? Get Traverse City FHA Mortgage help now! Call 800-555-2098

    What is a Traverse City FHA Mortgage Refinance Loan

    To refinance FHA mortgage loans in Traverse City are only available to Traverse City homeowners whom currently have an FHA Mortgage Loan in Traverse City. If you purchased your home or refinanced at a time when mortgage rates were high, you can easily lower your mortgage payments through this program. The mortgage is called a streamline because the process is streamlined to allow for very little documentation. Most of our investors do not requires income documents or asset documents so the streamline FHA mortgage process is very quick. Why pay a high interest rate when you can streamline your FHA mortgage and close in as little as 14 days! Our loan officers at Riverbank have years of experience and offer the lowest FHA mortgage rates available.

    Benefits of a FHA Streamline Refinance

    • Lower your payments on your FHA mortgage with No Closing Costs
    • Streamline FHA mortgages have require no appraisal
    • Limited documentation is required to refinance
    • Close your streamline mortgage in as little as 14 days
    • Lowest interest rates for Streamline FHA mortgages

Map of Traverse City MI

FHA Mortgage Loans in Traverse City, MI

Traverse City FHA Mortgage Loans are now available.

  • FHA mortgage Refinance
  • Cashout FHA Mortgage
  • Streamline FHA Mortgage
  • Purchase FHA Mortgage
  • Bad credit FHA Mortgages
  • No appraisal FHA Mortgage
  • 203K FHA Mortgage
  • FHA Construction Loan

Traverse City VA Loan


Apply now for a Traverse City VA Mortgage.

VA Loans

Traverse City VA Loan for Veterans and Active U.S. Military Members

The US government created a military loan guarantee program to assist returning veterans in purchasing homes. This program is called a Traverse City VA loan and is available directly through banks and mortgage companies and guaranteed by the US government. A Traverse City VA home loan is a zero down home loan that allows home buyer to purchase a home with added flexibility and low payments.

A Traverse City VA Loan is a home loan strictly for veterans of war and those who still serve in the U.S. Military. Those who qualify for a Traverse City VA Loan can use their military benefits to purchase a home with no down payment. Learn about no down payment mortgage programs. The Traverse City VA Loans that we offer include: 30 year fixed mortgages and 15 year fixed VA Loan products.

Traverse City VA Loan Programs

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    Veterans Benefits for a Traverse City VA Loan

    • Traverse City VA loans No down payment required.
    • Qualify for a Traverse City VA loan amount up to $453,100.
    • Great credit or Bad Credit not a problem.
    • Traverse City VA loan with Low monthly PMI (private mortgage insurance).
    • Cash out refinance on Traverse City VA loans can get you up to 100% of the value of your home.

Need a VA Loan?
Call 800-555-2098 or Apply Now! Apply Now!

Map of Traverse City MI

VA Loans in Traverse City

Looking to Refinance a VA Loan in Traverse City?

A Traverse City VA Loan is a great way to refinance up to 100% of the value of your home. You can also choose a cash out refinance to pay off debt or do home improvements.

Choosing a Traverse City VA Loan for your home loan can save you thousands of dollars over other mortgage programs. Go ahead, take advantage of your VA benefits. You have earned it!

Is a Traverse City VA Loan the right loan for you? Call Riverbank Finance 1-800-555-2098