Home Purchase Lending
| VNHS has a wide variety of loan products to offer a potential homeowner. Standard loan products with low interest rates are available with a minimum down payment of 5% of the purchase price (2% must come from the homeowner's own funds). |
| For those families with little or no down payment, VNHS offers down payment assistance loans and closing cost grants (must income qualify). |
| In addition, VNHS has access to such products as No Income, No Asset (NINA), 100% financing, no doc, adjustable rates, and fixed rates for 15 to 30 years. Loans for second homes and rental units are also available. |
| If you would like to calculate how much of a home you can afford, go to www.fanniemae.com and click on online tools. This will give you an idea of what your monthly payments will be including taxes and insurance. |