Nebraska Purchase Mortgages

In the State of Nebraska, there are many choices when buying your home. The most common and popular home loan programs are the 30-year and 15-year conventional home loans. These programs have great interest rates and straightforward underwriting; if you have 20% down, there is no mortgage insurance requirement. It is also very flexible, with minimum down payment requirements as low as 3%.

FHA mortgages offer a great option for first-time home buyers. With a low down payment and more relaxed underwriting guidelines. Also, FHA allows non-traditional credit, such as insurance, utilities, and rental history, for borrowers with little or no credit history.

The VA mortgage is often the best route for our veterans and current service members. With low mortgage interest rates, no downpayment requirement, and zero monthly mortgage insurance, it is a great program.

Finally, there is a USDA program for those outside the metro area. This allows a home buyer to purchase a home with zero percent down and very attractive interest rates.