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Don Carriker - USA Mortgage
Giving You the Tools to Make the Best Possible Decision When it Comes to Buying or Refinancing Your Home!
- Don Carriker, Branch Manager/Home Loan Consultant
National Mortgage Licensee #648699
USA Mortgage, A Division of DAS Acquisition Company LLC
Don Carriker - USA Mortgage
1717 E. Republic Rd.
Springfield, MO 65804
(417) 844-5370
Our team is committed to offering education about the different types of home loans that are available today and the ins and outs of each.
We look forward to bringing you the best up-to-date information regarding every step of the home loan process.
FHA Home Loans are some of the most common home loans on the market today. FHA home loans are federally assisted mortgages that are insured by the FHA (Federal Housing Administration). These are primarily for people who cannot afford a conventional down payment or do not qualify for Private Mortgage Insurance.
In order to get one of these loans you need to go through a federally qualified FHA lender. Generally speaking, FHA loan requirements are more lenient than those of conventional lenders.
USA Mortgage, a division of DAS Acquisition Company LLC, offers home buyers a wide array of mortgage solutions to choose from, including fixed rate, adjustable rate, home equity, new purchase and refinance loans. In addition, we also offer many flexible programs to fit your situation and needs.
Contact Don Carriker, USA Mortgage, for the best up-to-date information regarding the home loan process. 417.844.5370
Conventional loans are typically more difficult to qualify for due to their not being insured by any federal authority, such as FHA home loans, VA home loans or USDA home loans. Current standards require credit scores of at least 620 to 640, but if you want to get the best rates and low costs you see advertised in the media, you must have a score of 740+. Also, you can only borrow 80% of the homes current value, unless you are prepared to pay for Private Mortage Insurance (PMI).
If you are interested in a conventional home loan please visit our website and fill out the Quick Application and get pre-qualified today.
VA home loans are available for qualified veterans and active-duty service members. A VA Loan allows the borrower to finance 100% of the home's value and purchase with $0 down. A VA Loan doesn't require, private mortgage insurance to be paid by the borrower. Borrowers will also get lower rates with a VA Loan.
With all these benefits, the qualification process for a VA Loan is much stricter. Contact us today at 417.844.5370 to see if a VA Home Loan is right for you!
Find us in: Springfield, MO