Purchase Loans

Main Street Mortgage offers a variety of options for prospective home buyers including Conventional, FHA and VA and USDA programs.

Fixed Rate Mortgage: Interest rate and payment that will not change through the life of the loan.

Adjustable Rate Mortgage: (ARM) Interest rate will change after a fixed amount of time.

Jumbo Mortgage: Loan amounts over above conforming limits.

FHA: For home buyers who do not have a substantial down payment available, we offer the FHA loan. This program requires a minimum of 3.5% down payment at the time of purchase. Potential FHA homes must be in move-in condition.

203k Rehab Loan: These loans are available for homes in need of renovation. This program allows for both the purchase price and repair costs to be financed into a single loan.

VA Loan: Veterans and active duty service members can qualify for a VA loan with no down payment.