Our Loan Programs
NEXA Mortgage offers programs and pricing you and your clients will love. With processing, underwriting, and local appraisers that truly know our market. In addition, our Aggressive Loan Programs are matched with aggressive rates that you won’t want to pass up.
Conforming Fixed
- Options that allow for up to 3% down
FHA, VA & USDA RD
- Smaller down payments and expanded qualifying ratios
- We can lend down to a 500 FICO score on FHA
Vacant Land
- Options that allow for as little as 10% down
Jumbo Loan
- Low rate options for loan amounts up to $3 million
Home Ready & Home Possible
- 97% financing with reduced mortgage insurance for qualified borrowers
Construction
- Financing for the construction of a new home with as little as 5%* down
Zero Down Payment Options
- 0% down payment options for first-time and repeat home buyers
Common Sense Portfolio Programs
- Flexible programs and options for loans that don’t fit “in the box”
Non Warrantable Condominium
- Financing for newer condo projects that do not meet conventional guidelines
NEXA New
- Financing for qualified borrowers who have had a financial hardship such as a short sale or BK
NON QM Loans
- Rather than using cash for a down payment, apply it towards a lower interest rate and shorter loan term
Renovation Programs
- Streamline renovation loans that allow for the purchase and rehab for a home
Home Equity Loans
- Closed-end 2nd mortgages and lines of credit available as stand alone products or in combination with a 1st mortgage and a combined CLTV of up to 95%
Professional
- Home financial for established professionals for as little as 3% down without monthly mortgage insurance
Doctor Loans
- Practicing Physicians may qualify for $0 down and no mortgage insurance
Downpayment Assistant Programs
- Options available to assist with down payment and closing costs for qualified borrowers