SECURITY BANK USA

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Types of Loans

Conventional Fixed Rate Loans

  • Purchase / Refinance transactions
  • Can be as little as a 5% down payment for purchase transactions
  • Available for 2nd Homes & 1-4 Family Investment Properties.

 


 

FHA - Governement Fixed Rate Loans

  • As little as 3.5% down payment for purchase transactions
  • Primary Residence Only.

 


 

USDA - Rural Housing Services Loans

  • 0% Down.
  • Income Driven Loan based on Guaranteed Housing Program Income.
  • Primary Residence Only.

 


 

1st Time Home Buyer Loan

  • Income Driven Loan based on MN Housing Home Ownership Income Limits.
  • Available to 1st Time Home Buyer.
  • Primary Residence Only.

 


Home Equity Loans

  • Your home has great purchasing power and the interest may be tax deductible.
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