Hometown Advantage Mortgage
Conventional: primary residence, year round second home or investment properties
Minimum down payment: 5% for primary & 10% secondary homes, 25% for investment properties
Interest rate: fixed
Loan term: 30, 20, or 15 year
Maximum loan amount: $510,400
Mortgage insurance required with down payments less than 20%
Conventional jumbo mortgage: primary residence, year round second home
Down payment varies based on occupancy, credit score and maximum loan amount
Interest rate: fixed
Loan term: 30, 20, or 15 year
Loan amount: $510,401 – $2,500,000
Servicing released
*Loan programs and terms are subject to change.
