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Finance Your Dream Home in Greater Richmond

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What Home Loan is Right For You?

Helping You Choose From Our Most Popular Loan Products

HomeReady® ConventionalHomeReady® is a Fanny Mae conventional loan for both non-first-home buyers and first-home buyers with options for as low as 3% down.1-Unit or 2-4 Unit* (primary residence only)Minimum of 3%620
HomePossible® Conventional HomePossible® is a Freddy Mac conventional loan for low-to-moderate income homebuyers purchasing in target areas with options for as low as 3% down.1-Unit or 2-4 Unit** (primary residence only) Minimum of 3% 620
Conventional 95%Conventional options for non-first-time homebuyers with a minimum down payment of 5%.1-4 Unit (primary residence only)Minimum of 5%620
Standard Conventional (no MI)Conventional loan products for buyers putting 20% down may prevent the addition of mortgage insurance on the loan1-4 Unit (primary or investment homes)

1-Unit (second homes)
Minimum of 20%620
FHAFor both non-first-home buyers and first-home buyers with lower credit scores and down payments, backed by the Federal Housing Administration.1-4 Unit (primary residence)

Second homes: Restrictive – must meet FHA guidelines
Minimum of 3.5%580***
USDAFor buyers with low-to-moderate income purchasing in certain rural areas.Primary residence onlyMinimum of 0%580 – 680***
VAGovernment-based program available to Veterans & Reservists of the U.S. Military offering up to 100% financing of the reasonable value of the home with less restrictive guidelines than conventional loans.1-4 Unit (primary residence only)Minimum of 0%580***

* with minimum borrower contribution of 3% from their own funds
** Maximum 95% LTV / 95% CLTV
*** Please see your Loan Officer for more information on credit scores

Take out the loan that best fits you and your family, and build the life you’ve always imagined.

Sumeeth Theruvath

Sales Manager | NMLS# 228019

Allen Watts

Loan Officer | NMLS# 2012471

Movement Mortgage

Movement Mortgage, LLC supports Equal Housing Opportunity. NMLS ID# 39179 (For licensing information, go to: | 877-314-1499. Movement Mortgage, LLC is licensed by D.C. # MLB39179, VA # MC-5112. Interest rates and products are subject to change without notice and may or may not be available at the time of loan commitment or lock-in. Borrowers must qualify at closing for all benefits. “Movement Mortgage” is a registered trademark of the Movement Mortgage, LLC, a Delaware limited liability company. 8024 Calvin Hall Rd, Indian Land, SC 29707.