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Midwest Home Funding offers a complete array of loan programs to meet your needs. The following represents a small sampling of the mortgage products we provide:

100% Financing Loans: Ideal for first-time buyers, these no down-payment mortgages can help reduce or eliminate nearly every cost associated with obtaining a home loan. These programs normally combine two loans: An 80% first mortgage, and a 20% second mortgage. The interest rate is typically the weighted average of the two loans.

Other: 100% Non-Owner Occupied Mortgages for Single Family Properties.

Conforming Loans: Conforming long-term, fixed-rate and adjustable loan that meet Fannie Mae and Freddie Mac loan limits and property and borrower guidelines. Generally has higher loan limits than FHA and VA.

Imperfect Credit Loans: Allows borrowers with less-than-perfect credit to qualify for competitive interest rates to consolidate debt and lower payments or make home improvements.

No Income Verification Loans: Ideal for the self-employed with good credit loans where borrowers may not be able to prove all income.

FHA and VA: Government insured/guaranteed long-term, fixed-rate and adjustable loans. Nehemiah Program Grant Funds are also available. See Other Resources for more details.
 



Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $417,000 for the contiguous states, District of Columbia, and Puerto Rico or below $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $300,700 with closing costs of $6,014. Jumbo Loans (whose maximum loan amount exceed $417,000 for the contiguous states, District of Columbia, and Puerto Rico or exceed $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $350,000 with closing costs of $7,000. Your actual APR may be different depending upon these factors.