Affordable Home Loans

Affordable home loans are ideal for first-time buyers.

However, existing homeowners may be able to refinance into a more affordable home loan in Arizona, California or Colorado.

Mindful Money is a reputable mortgage company with premier resources and attractive financing terms. 

What is my Buying Power With Affordable Home Loans?

After applying for a home loan, your mortgage broker can determine if you qualify for financing.

VA Home Loans

Offering 100% financing for qualified service members and veterans, VA home loans extend affordable mortgage interest rates and terms.

USDA Home Loans 

For homes in rural areas, the U.S. Department of Agriculture offers affordable home loans with no money down. The program helps borrowers with low-to-moderate income secure 100% financing. Typically, A 620 to 640 credit score and qualifying income are also required.

FHA Home Loans 

The Federal Housing Administration provides affordable mortgage loans for qualified borrowers. With an FHA loan, buyers can purchase a home with a minimum down payment that equals 3.5% of the property’s sales price.

Conventional Home Loans 

Well-qualified home buyers can purchase a home via a conventional home loan. With down payment options, such as 3%, 5%, 10% or 20%, conventional home loans offer attractive mortgage interest rates.

When making a down payment of 20% or more, a home buyer can obtain a conventional home loan without the requirement of mortgage insurance.

The elimination of mortgage insurance enhances affordability for a home buyer.

Check With a Mortgage Broker For Affordable Home Loans

To get the most appropriate home loan for your situation, it’s a prudent idea to speak with an experienced mortgage broker.

Instead of visiting a local bank to inquire about home loans, a licensed mortgage broker can shop hundreds of lenders to find an affordable home loan for you.

Let’s start your financing journey toward your dream home.

Applying online for a mortgage loan via Mindful Money enables you to relax.

Schedule a call today with Samantha Cooley, a licensed mortgage broker with Mindful Money.