More ways to make homeownership possible
Your path to homeownership is your own. We’ll help you find an FHA, VA, or USDA home loan that may fit.
Home loans for different paths
We’re here to help you explore alternative home loan options, like government-backed mortgages, that can make homeownership attainable for you.
FHA Loans
A Federal Housing Administration (FHA) mortgage loan may be for you if you have less saved for a down payment or need more flexibility with your credit history.
- Low down payment options
- More flexibility with eligibility requirements
- Competitive interest rates and fixed-rate financing
VA Home Loans
A Veterans Affairs (VA) home loan may offer valuable savings for eligible service members, veterans, and surviving spouses.
- Low down payment and closing costs
- No Private Mortgage Insurance (PMI)
- Competitively low interest rates
USDA Loans
A USDA Rural Development loan can help eligible buyers purchase a home in a qualifying rural or suburban community.
- Low or no down payment for eligible borrowers
- 30-year fixed rate financing
- Affordable monthly payments with low interest rate
Why choose Linden for your home loan?
Government-backed mortgages come with their own rules, paperwork, and unfamiliar terms. You don’t have to sort through all of that alone. We’ll explain what applies to you and take it one step at a time.
- A clear look at which home loans may fit your situation
- Help understanding the requirements for each loan
- Clear explanations of down payments, mortgage insurance, and fees
- Real people to call from your first questions through closing
I’ve had an account since I was a kid and it has always been a pleasant experience. The staff are always helpful. When I needed to buy a car, I got my loan done the same day!
- Hunter M
- Linden CU Member
Other home loans questions, answered.
What is a government-backed mortgage?
Government-backed mortgages, such as FHA, VA, and USDA loans, are insured or guaranteed by a federal agency. They can make homeownership more accessible by offering benefits such as lower down payments, more flexible qualification requirements, or special financing for eligible borrowers.
What’s the difference between the types of government-backed mortgages offered?
FHA loans are great for first-time homebuyers or those who have limited savings or less-established credit. VA home loans are intended for eligible veterans, active-duty service members, and certain surviving spouses. USDA Rural Development loans are designed for eligible homebuyers buying a home in a qualifying rural or suburban area.
Do I qualify for one of these types of home loans?
Eligibility is determined by the government agency offering the loan program. For example, the US Department of Veterans Affairs determines eligibility for VA home loans. We’d be happy to meet with you to better understand your goals for owning a home and check if you qualify for any of the government-backed loans available.
Are there limits on how much I can borrow?
Loan limits and eligibility vary depending on the loan program, your financial qualifications, and where you’re looking to buy a home. Our mortgage team can walk you through next steps to apply for a loan and how the amount borrowed is determined.
Wherever you’re starting, we’ll start there with you.
