Hometown Advantage Mortgage
Conventional: primary residence, 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: $417,000
Mortgage insurance required with down payments less than 20%
Conventional jumbo mortgage
Minimum down payment: 20%
Interest rate: fixed
Loan term: 30, 20, or 15 year
Loan amount: $417,001 – $1,500,000
Servicing released
*Loan programs and terms are subject to change.
