This information is made available for reference only as a helpful guideline and River Hills Ranch is not a lender and this information is not intended to offer or make an offer.

We are happy to refer you to lenders, but there are many different types.
The following is subject to change at any time and without notice. Consult a professional.
Please determine which lender type may be best for you.

Mortgage Brokers
USDA – Can be up to 100. %, 0 % Down, Lots of fees.
FHA – Can be up to 97.5% Loan, 2.5% Down, Lots of paper work
Conventional – Can be up to 95.0 % Loan, 5.0 % Down, Easier than an FHA Loan

Banks with in house mortgage specialist
FHA Can be up to 97.5% Loan, 2.5% Down, Lots of paper work, usually less fees than a Mortgage Broker.

Banks
Typically 80% Loan, 20% Down. Banks have the most flexibility because they are loaning “their money”