Loans We Offer
JustChoice Lending offers a variety of mortgage loans that fit people from every walk of life. Follow the links below for in-depth information. We also developed a chart located at the bottom of this page to allow you to quickly compare the types of loans available. As always, feel free to contact us at JustChoice Lending with any questions.
USDA loans are for homes in rural areas made available to people of various income levels. Guaranteed loans are great for moderate income levels and 502 Direct is great for people with good credit but low income.
FHA Loans are great for people with less-than-perfect credit and can require little down payment. VA loans require little to no down payment and are perfect for veterans and their families.
Conventional loans have no income restrictions and great rates. Already own a home but need a better rate or term? Refinancing with JCL can make that possible.
|LOAN PROGRAM||CREDIT SCORE||INCOME LIMITS||PROPERTY ELIGIBILITY|
|USDA Guaranteed||620+ for all borrowers. True no score w/ three alternative credit trade lines.||Family Size: 1-4 $75,650 5-8 $99,850||http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do|
|FHA||620+ for all borrowers.||None||All areas eligible.|
|VA||620+ for all borrowers. True no score w/ three alternative credit trade lines.||None||All areas eligible.|
|Conventional||640+||None||All areas eligible.|
|Conventional No MI (KY Only) KHC||680+||$97,650||KY Properties|
|USDA Direct||640+ for all borrowers. True no score w/ three alternative credit trade lines.||80% AMI for household size||http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do|
|Home Possible Advantage||620+||100% area median income (Unless in an underserved area)||All areas eligible.|
Other conditions may apply. Call JCL Staff for information on specialized funds.