Find the right loan program for you.
You have many options when it comes to home loans. At The Radford Company, we have unparalleled expertise in all of the programs available to buyers today. We’ll guide you through the process to ensure you’re getting the right loan for your unique needs. We specialize in:
These are the most common types of loans, and include fixed rate and adjustable rate mortgages (ARMs). Most require a down payment, but there are options that minimize down payment requirements, including 3% and 5% down. With ARM loans, the rate is variable and may increase or decrease every year after the initial fixed rate period based on changes to an index. This could result in an increase in the monthly payment.
The Radford Company has more than 35 years experience with conventional loans. Our team has works with lenders to avoid the extra cost of mortgage insurance (MI) for our clients.
VA HOME LOANS
The VA Home Loan Guarantee Program helps veterans purchase, refinance, or builds homes through VA-approved lenders like Veterans United. Loans are backed up to $2,500,000, with low closing cost and fewer fees than conventional loans. Packed with money-saving advantages such as no down payment requirement and no private mortgage insurance, the VA home loan also is designed specifically for the unique challenges facing service members and their families.
The Radford Company is a preferred VA lender for Creech Air Force Base and Fallon Naval Air Station.
SUPER JUMBO LOANS
A Super Jumbo loan facilitates high-end purchases of luxury homes, exclusive vacation homes, upscale investment property and other quality real estate. Super Jumbo loans are also a method that primary occupants or investors use when they desire a way to leverage their assets. It’s quite imperative that you deal with a loan expert who has years of knowledge through experience when dealing in high-end financing and an essential component to finding the best mortgage options suitable for your exceptional needs.
The Home Affordable Refinance Program (HARP) has been extended until December 31, 2015 and allows homeowners to refinance into low mortgage interest rates even if the property has decreased in value.The HARP mortgage program was established in 2009, for Fannie Mae and Freddie Mac, the Home Affordable Refinance Program provides an option for homeowners to refinance “Under Water Mortgage”. A HARP Refinance addresses situations where the homeowner’s property value has fallen causing them to no longer to qualify under traditional underwriting criteria.
The Radford Company’s founder, A.J. Banford, is a director of the Nevada Affordable Housing Assistance Corporation. The nonprofit administers the Nevada Hardest Hit Fund, which provides assistance to Nevada homeowners who are at high risk of default or foreclosure.
USDA HOME LOANS
USDA Home Loans supplies 100% financing for a home purchase, or refinancing in a USDA designated rural area. USDA home loans are guaranteed by the United States Department of Agriculture and are serviced by direct lenders that meet federal guidelines.
The USDA home loan program extends many financial benefits to those who qualify including no down payment for the purchase of a home. USDA home loans also come with no monthly mortgage insurance, flexible credit guidelines, and low interest rates.
USDA home loan eligibility is based financial history and the property you are choosing to purchase. By completing our USDA qualification request, our specialists will be able to inform you on how much you can afford and what your estimated monthly payment will be.