We've searched thousands of loan products from the best lenders in the market and created this list of the most popular loans.
Short on savings to put the standard 20% (or 15% or even 10%) down? Never fear, Movement has several low down payment loan options your loan officer can see if you qualify for. Check out a few that may be right for you.
If you’d love to buy a home but lack credit, a down payment, or are unable to cover closing costs, an FHA loan may be the solution. FHA financing was developed to provide homebuyers with an alternative to conventional financing and include attractive and flexible guidelines.
Fannie Mae HomeReady
If you’re a homebuyer with a good credit history and a stable job, but not a lot saved for a down payment, the Fannie Mae HomeReady™ mortgage may be for you.
HomeReady is a fixed-rate, affordable housing program for creditworthy, low-to-moderate income borrowers.
Freddie Mac Home Possible and Home Possible Advantage
Looking for a fixed-rate conventional loan that goes easy on the down payment requirement? Look no further than the Freddie Mac Home Possible and Home Possible Advantage mortgage options. Both are for qualified borrowers with good credit history who may have difficulty saving for a down payment.
As renovation and home improvement loans become more and more popular in today’s housing market, Movement offers products such as FHA 203k and Fannie Mae HomeStyle renovation programs to help homebuyers get one loan for both purchase and renovation costs.
A renovation loan program can
• Help you improve or upgrade a home before move-in
• Save your loan approval by increasing the value of a worn down or neglected property
• Save you from separate financing for home purchase and the renovation costs
One of our most popular mortgage products is a traditional fixed rate loan.
This product gives homebuyers the comfort and ease of a consistent interest rate that will not change throughout the life of their loan. A fixed rate mortgage also provides our homebuyers with better control and flexibility to budget their finances.
• Low down payment options available for qualified borrowers.
• Provides for cash-out refinances.
• Loan amounts available up to $424,100.00
• 10, 15, 20, and 30-year terms available.
Motto Mortgage Complete can help homeowners, ages 62 and older, capitalize on the equity they've built in their homes to secure financial independence and peace of mind.
The government-insured Reverse Mortgage Program allows these individuals the ability to access equity within their home, by receiving tax-free advances to spend as they choose.
Ways you can use a Reverse Mortgage:
• Meet healthcare expenses
• Remodeling or home repairs
• Reducing credit card debt
• Planning for long-term care needs
• Purchasing a second home
• Paying off an existing mortgage