MWF Home Loan Trail Guide

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Loan Product Quick Guide

To that end, here is a quick guide highlighting a few of the standard options available to you at Mountain West Financial. Knowing the basics of each loan will help you understand which program is best for you and your new home. We look forward to helping you with your homeownership goals!

Conventional

Loan Product Quick Guide

Purchasing a home will likely be one of the single largest investments in your life. Whether you are a first-time homebuyer, buying a second home or investment property, or downsizing, we have the experience and expertise to give you the personalized service you deserve.

FHA Affordable housing plan with easier credit requirements and low down payment.

Down Payment:

3%

Best for:

Down Payment: Repeat Buyers

minimum

3.5%

minimum

Best for:

1

First-time Buyers

VA

USDA

No need for a down payment or MI. Exclusive to veterans & active duty military.

A mortgage program created to increase the purchase of rural lands.

Down Payment:

0%

Down Payment:

Best for: Military Veterans

minimum

0%

Best for: Rural (<20,000) Cities

minimum

Jumbo

ARM

High-Balance and Jumbo Loans are available for High-Value Homes. Down Payment:

Down Payment:

Best for:

Any Interested Buyers

10% minimum

PATH

3.5% minimum

Any Interested Buyers

10% minimum

Affordable Housing

Exclusive Reduced Fee Program for Public Service Workers and Teachers. Down Payment:

Best for:

Best for:

With a wide variety of zero-down payment option, we have the programs to help you own a home. Down Payment:

Public Employee Buyers

0%

minimum

Best for:

1

First-time Buyers

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