Get the Home of Your Dreams with New Home Buyer Loans

Get the Home of Your Dreams with New Home Buyer Loans

New homebuyers are always looking for a loan that will help them buy the house of their dreams. Butler Mortgage offers several different mortgage loan programs to help you purchase your first home. Choose from one of the following programs and apply online to get started today.

Conventional Loans

Conventional loans are mortgage loans that conform to guidelines established by two federal agencies – Fannie Mae and Freddie Mac. They typically require at least a 5% down payment, but you can avoid paying mortgage insurance if you can come up with a 20% down payment. If you qualify for a conventional loan, Butler Mortgage can help you get the best rates and terms to purchase your home.

FHA Loans

The Federal Housing Administration (FHA) is an organization that insures loans to homebuyers who may not qualify for conventional mortgages. The down payment requirement is less (3.5%) and the qualifying guidelines are more flexible with regards to income and credit history. The interest rates are typically very low, but FHA loans require mortgage insurance to be paid regardless of the down payment or term of the loan.

USDA Loans

USDA loans are backed by the United States Department of Agriculture. The advantage of this type of mortgage loan is that it does not requires a down payment. That’s right… 0%!  However, USDA loans are limited to certain geographic areas and to individuals and couples who earn less than established guidelines. Your mortgage professional will quickly determine whether you qualify for this type of loan.

VA Loans

VA loans exist to help veterans and active-duty personnel get into a home with a 0% down payment. Butler Mortgage thanks you for your service to our country! We can help you get started on a VA loan and point you in the right direction regarding the forms and documentation you will need.

Work with the Experts

As you prepare to purchase your new home, do your research and trust the expert professionals at Butler Mortgage. Since 1994 we have been helping the residents of St. Cloud, Kissimmee, Lake Nona, and other areas of Central Florida, including Osceola, Orange, Polk, and Lake Counties to get in the home of their dreams. Contact us online or at 407-931-3800 for more information on our new home buyer loans and to request a free consultation.

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Financial Security from a
Reverse Mortgage
A house
USDA Loans
100% Financing to Qualified Buyers
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VA Loan
Buy with zero down. 30-year fixed rates