Peter Knap
Loan Originator
5775 Glenridge Dr, Bldg B, Ste 410,
Atlanta, GA 30328
NMLS# 214269
Direct: 404-276-4268
Fax: 866-908-6302

FHA, USDA and VA Loans

These PrimeLending loans offer terms that are easier for borrowers to qualify for. Some of the benefits include lower interest rates, more flexible credit requirements, and lower down payments.

FHA Loans

These loans are great for people with limited income or money for a down payment. They’re also a smart choice for first-time homebuyers, seniors or others who may have limits on what they can afford. FHA loan highlights include:

  • A low 3.5% down payment
  • Flexible income and credit requirements
  • Low closing costs
  • Fixed-rate and adjustable-rate options

If you already have an FHA loan, refinancing and renovation options are also available. These could help you refinance to a lower rate, shorter term, lower monthly payments, turn your equity in cash, or get the fund you need to repair or remodel your home.

United States Department of Agriculture (USDA) Loan

This is unusual loan offers 100% financing, allowing a borrower to finance the entire home purchase with no down payment requirement.

It’s available for borrowers with limited financial options, low to moderate incomes, low credit scores or a thin credit history.

The homes must be located in a USDA designated area, which includes rural areas, eligible small towns, suburbs and surrounding areas.

VA Loans

VA loans are only available to current service members and veterans. They offer significant advantages over regular loans that aren’t available to those who haven’t served. They’re some of the best mortgages available.

Learn more about the VA loans available from PrimeLending.