Ideal Lending Solutions, a division of American Financial Network is a Direct Lender with delegated authority to underwrite, fund and service Conventional, Fannie Mae, FHA, USDA, VA, and Jumbo loan products in house.
Mortgage Loan Programs
Loan Products To Suit Your Needs
FHA
Federally backed loan for up to $417,000, offered at competitive rates with fixed terms available. Down payment assistance may be available for qualifying borrowers.
JUMBO
Purchase with as little as 15% down with a Non Conforming Jumbo Loan. Available for properties valued greater than $417,001 and up to $3 million. FICO’s as low as 680.
HomePath
Purchase Fannie Mae eligible real estate owned properties for as little as 5% down and no appraisal fees or premium mortgage insurance required, For eligible properties visit: www.homepath.com.
Foreign National
Foreign Nationals can purchase up to $3M on primary residences. No credit score required unless available.. If available, minimum FICO of 680 required.
VA
Veterans and surviving spouses can finance up to 100% of new home’s value up to $417,000, with no money down, no appraisal fee, and no private mortgage insurance premium (PMI).
USDA
Qualified borrowers can purchase a designated USDA rural property up to 100% loan-to value with no down payment. Flexible credit guidelines apply.
Conventional
First time homebuyers can purchase with as little as 5% down. Purchase using gift funds
for your down payment. Competitive rates and fixed terms available and lower FICO’s
may qualify.
FHA 203(k)
Pay for home repairs before you move in when using the FHA 203(k) Streamline Rehabilitation loan. Funds available up to $35,000 and take up to six months to complete the work.