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These types of loans are made by an approved lender, such as Midstate, where
the debt is not insured by a government agency.
- Requires a 20% down payment
- Can lend 80% of purchase price or appraisal, whichever is less
- Rate, points and term to be determined
- We allow you to choose "Escrow" or "Pay Own Expenses"
- Purchases, refinances, investment (1-4 family), rehab, over 5 units and
small commercial loans accepted
Conventional Mortgage with PMI (see glossary)
- Requires as little as a 5% down payment
- Must be approved by "Mortgage Insurance Company"
- No investment or commercial properties
- Required to escrow for expenses
- Rate, points and term to be determined
Equal Housing Lender
 FDIC
Insured
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