Conventional Financing Program

Freddie Mac Home Possible + Fannie Mae Home Ready Lender paid/No closing cost programs available

Maximum loan amount varies by region 66% cap on seller-paid closing cost assistance

Lower cap on seller-paid closing cost assistance on all investment programs

Conforming, non-conforming, jumbo, super jumbo, and non QM loans (bank statement only programs) available

United Atlantic Mortgage in Virginia Beach is proud to offer 95% conventional financing for all borrowers and 97% financing for first-time homebuyers. Our conventional financing option applies to single family attached/detached; multi-family (up to fourplex); manufactured homes; modular homes; PUDs and condo properties.

Owner-occupied, second-home, and investment programs are available for all borrowers who are U.S. citizens, U.S. non-citizens, and national or qualified alien citizens. Low fixed interest rates, adjustable rates, interest-only rates, tailored terms, and buydowns are also available for eligible borrowers. Our conventional financing is available for qualified applicants with a minimum credit score of 580.