Turn Your Conventional & VA Buyers into Cash Buyers
Apply Now!
Get Your Offer Accepted “COMPETE WITH CASH BUYERS & WIN”
Home inventory is at an all-time low, it’s a seller’s market, and cash buyers have the advantage, but you can still compete and win. To stay competitive as a home buyer you need to become a cash buyer!
THAT’S WHERE BUYER ACCEPTED* OFFERED BY NEW AMERICAN FUNDING, CAN HELP. Through this program, Buyer Accepted will purchase your new home for you with cash and sell it back to you.
BENEFITS
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LOAN PROGRAMS (CONVENTIONAL)
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REQUIREMENTS
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VA
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GET QUALIFIED TO INVEST IN FORECLOSURE PROPERTIES
LOAN OVERVIEW
FHA Loans
FHA loans have been helping people become homeowners since 1934. The Federal Housing Administration (FHA) which is part of HUD insures the loan, so your lender can offer you a better deal.
- Low down payments
- Low closing costs
- Easy credit qualifying
When buying a home or refinancing your current mortgage, FHA might be just what you need. Your down payment can be as low as 3.5% of the purchase price or refinance up to 95% of the value of your home. Available on 1-4 unit properties.
- If you’re 62 or older? Do you live in your home?
- Do you own it outright or have a low loan balance?
If you can answer “yes” to all of these questions, then the FHA Reverse Mortgage might be right for you. It lets you convert a portion of your equity into cash; and if you decide to make your home more energy efficient include the costs of energy improvements into an FHA Energy-Efficient Mortgage.
FHA even allows manufactured housing and mobile home financing for mobile homes and factory-built housing. We have two loan products one for those who own the land that the home is on and another for mobile homes that are, (or) will be located in mobile home parks.
VA Loans
VA loans are a great benefit for eligible service members, veterans, and their surviving spouses. It allows you to qualify for a low-cost mortgage when you’re looking to purchase or refinance, even if your credit isn’t perfect. If you currently serve in the military or are a veteran, you’re probably eligible for a VA loan. Here’s what you need to know about these special government-backed loans. VA loans are a type of military loan that mortgage lenders issue to qualified veterans, active service members, and spouses. They’re backed by the government through the Department of Veterans Affairs also known as the (VA).
Conventional Loans
Conventional mortgages aren’t federally guaranteed. Qualifying can be tougher than with government loans, but the options fit a wider range of buyers and properties.
A conventional loan is a type of mortgage that isn’t backed by a government agency, such as the Department of Veterans Affairs. Conventional mortgages often meet the down payment and income requirements set by Fannie Mae and Freddie Mac and conform to the loan limits set by the Federal Housing Finance Administration also known as FHFA.
Let’s see what’s right for you FHA, VA, or Conventional. Apply Now to be a CASH BUYER.
Note* Program not available for FHA qualified buyers