Loan Products

TruHome Solutions® offers a variety of loan programs to suit your borrowers’ lending needs:

Conventional

Conventional loans are mortgages that are not covered by any government program of insurance or guarantee. Such loans may be eligible for purchase by the major secondary market agencies, Fannie Mae and Freddie Mac, which offer standardized underwriting guidelines. These loans can offer both fixed and adjustable interest rates and have a variety of repayment terms available that can be tailored to meet individual needs.

FHA

 FHA loans are ideal for first-time home buyers. They are made by lenders such as TruHome Solutions, and insured by the Federal Housing Administration. Down payments can be in the form of gifts, grants or subordinate financing. These loans offer either fixed or adjustable interest rates, with 30-year repayment terms. Each area of the country has its own designated maximum loan amount, as determined by the Department of Housing and Urban Development (HUD).

VA

Available to individuals who have served or are currently in the U.S. armed forces that meet eligibility requirements. VA mortgages may be provided with no down payment required, making them ideal for first-time borrowers. VA loans are made by approved lenders, such as TruHome Solutions and guaranteed by the Veteran's Administration. Closing costs are regulated for the protection of the Veteran. VA loans are also assumable with release of liability and there are no penalties for prepayment.

USDA

The Guarantee Rural Housing mortgage loan offers 30-year fixed rate mortgage financing guaranteed by the U.S. government through USDA Rural Development (USDA). Applications for loans may have an income of up to 115% of median income for the area for qualifying. No down payment is required and higher maximum loan to values.

 

NMLS Consumer Access
TruHome Solutions, LLC (NMLS#284608)
9601 Legler Rd, Lenexa, KS  66219
Toll Free:  (855) 541-2007
support@truhomesolutions.com
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