Affinity Group Mortgage offers a variety of loan programs to meet your needs. We work with the leading lenders in the industry to provide: Home loans offered include fixed rate, adjustable rate, FHA, VA, USDA mortgages and more. Plus, the mortgage rates for any home mortgage loan can differ widely. Fixed Rate Home Mortgage Loans With a fixed rate home loan you don't have to worry about your monthly payment changing...ever. Your mortgage rate and payment are fixed for the life of your home loan. Fixed rate mortgage loans range from 10 to 40 years. FHA home loans are insured by the Federal Housing Administration. Although FHA mortgage rates may typically be higher than conventional mortgage loans, FHA home loans offer many advantages including low down payment requirements, flexible credit guidelines as well as the ability to lend in declining markets. VA home mortgage loans are insured by the Veteran's Administration. Affinity Group Mortgage, LLC is honored to help our armed forces veterans own a part of the community they've helped protect. VA home loans are available to veterans and their spouses and generally do not require a down payment. Credit score requirements are typically less, lending guidelines are more flexible and you never pay monthly private mortgage insurance with a VA loan. USDA/Rural Development loans are insured by the US Dept. of Agriculture to promote single family homeownership in defined rural areas. Affinity Group Mortgage, LLC can extend up to 100% financing to eligible rural individuals and families for the purchase of safe and sanitary dwellings. These guaranteed loans have assisted thousands of homeowners to purchase a home with affordable interest rates and loan terms. Cash Out Home Mortgage Loans You can obtain a refinance home mortgage loan to get cash out for a variety of purposes, including education expenses, vacations, other investments, home improvements and more. Adjustable Rate Home Mortgage Loans With an adjustable rate mortgage (ARM), you can lower your monthly mortgage loan payment because initial mortgage rates for ARMs are usually lower than traditional fixed rate programs. If you plan on selling or refinancing your home in less than 10 years, then an adjustable rate mortgage loan may be right for you.
 
FHA
USDA
Jumbo Mortgages
Conventional
HomeStyle
VA loans
HomeReady

FHA
The Federal Housing Administration (FHA) mortgage insurance program is managed by the Department of Housing and Urban Development (HUD), which is a department of the federal government. FHA loans are available to all types of borrowers, not just first-time buyers. The government insures the lender against losses that might result from borrower default. Advantage: This program allows you to make a down payment as low as 3.5% of the purchase price

USDA
The United States Department of Agriculture (USDA) offers a loan program for rural borrowers who meet certain income requirements. The program is managed by the Rural Housing Service (RHS), which is part of the Department of Agriculture. This type of mortgage loan is offered to "rural residents who have a steady, low or modest income, and yet are unable to obtain adequate housing through conventional financing." Income must be no higher than 115% of the adjusted area median income [AMI]. The AMI varies by county. See the link below for details.

Jumbo Mortgages
A jumbo loan, on the other hand, exceeds the conforming loan limits established by Fannie Mae and Freddie Mac. This type of mortgage represents a higher risk for the lender, mainly due to its size. As a result, jumbo borrowers typically must have excellent credit and larger down payments, when compared to conforming loans. Interest rates are generally higher with the jumbo products, as well

Conventional

HomeStyle

VA loans
The U.S. Department of Veterans Affairs (VA) offers a loan program to military service members and their families. Similar to the FHA program, these types of mortgages are guaranteed by the federal government. This means the VA will reimburse the lender for any losses that may result from borrower default. The primary advantage of this program (and it's a big one) is that borrowers can receive 100% financing for the purchase of a home. That means no down payment whatsoever.

HomeReady



Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $424,100 for the contiguous states, District of Columbia, and Puerto Rico or below $636,150 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $453,100 with closing costs of $2,730. Jumbo Loans (whose maximum loan amount exceed $424,100 for the contiguous states, District of Columbia, and Puerto Rico or exceed $636,150 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $2,000,000 with closing costs of $2,730. Your actual APR may be different depending upon these factors.