Conventional financing is a loan option for all borrowers including investors. TKM of LA offers several Fannie Mae and Freddie Mac programs such as HomeReady (down payment as little as 3%), TKM of LA offers a great High Balance loan program for borrowers purchasing a home over the county limit with reduced down payment and NO MI Requirement! Borrowers can also obtain Conventional financing as a new construction loan.
VA is a guaranteed loan program that offers 100% financing for veterans to obtain home financing. TKM of LA offers this program as a standard fixed rate, renovation, JUMBO and new construction loans to veterans
FHA is a low down payment loan option with flexible underwriting guidelines. TKM of LA offers FHA financing for borrowers occupying the home as their primary residence as a new purchases or refinance. We offer FHA programs such as renovation loans, new construction and special loans to disaster victims. Down Payment Assistance is available for this program.
New Construction (Single Close)
TKM of LA offers a new construction product as a Conventional, FHA, VA and USDA loan option. Borrowers have the option of purchasing their land in addition to financing the construction of their new home or building on the land that they currently own. This program only requires our borrowers to obtain approval one time in which the new construction and permanent loan is secured in a single closing hence the name "One-Time/Single" Close!
This no down payment required program is a guaranteed rural housing loan program that offers mortgage financing for homes in rural areas. This loan has income limitations that cannot exceed state and local Rural Development median income limits. The property must be deemed rural by RD. TKM of LA offers the RD program as a new purchase, refinance, renovation and new construction loan.
Interested in Pre-Qualifying?
What home buyers fear the worse is the unknown. Whether you're seeking mortgage financing today or 6 months from now, proper advisement from a Turn Key Mortgage of Louisiana Mortgage Consultant will have you prepared and ready to obtain mortgage financing in no time. We will see you through! We offer soft pull (no credit inquiry) options. Apply Now
You have options
Whether it's new construction or an existing home; a new purchase or refinance, Turn Key Mortgage of Louisiana has many program options that offers flexible underwriting to our clients. Our team is ready to serve you!
Do you have a unique situation or scenario you would like to present prior to submitting an online application? We're here to help.