Skyline knows that not every home or property purchase falls into the conventional loan category.
Our experienced lenders have access to specialty loans* designed to assist all types of needs. Below is a summary of a variety of specialty loans for which you may qualify.
No Down Payment
If you dream of owning a home but are struggling to come up with the down payment, we have you covered! We have down payment assistance programs in many states to help you qualify to purchase a home. These programs offer assistance with down payment as well as closing costs if you qualify. Income restrictions and sale price restrictions may apply.
RuraLiving Home Mortgage
This product offers a long-term (15 or 30 years), fixed rate with one note and mortgage for the entire acreage and home where a conventional loan may not apply. Properties can range from 5 to 160 acres with a maximum $2 Million loan amount.
Bank Statements for Self-Employed
If you are self-employed and don't meet the traditional income requirements for a conventional loan, this option was designed for you. Using bank statements and W2s or other income, this program allows for lower down payment costs and FICO scores than other programs for self-employed borrowers. No tax records needed. First-time buyers are eligible.
Low-to-Moderate Income Assistance
Our Home Advantage loan also helps those with lower incomes qualify for a loan. No down payment is required and part of the mortgage is interest free. It is available for buyers with limited household income purchasing their first home or a repeat buyer. Attendance at a free homebuyer's education seminar is required.
Multiple Investment Property Owners
Do you have multiple properties financed and looking to purchase another investment property? We offer financing for up to 10 properties or for a second home for those with a minimum 720 FICO score. Conforming loan limits and Jumbo Loans apply.
*Certain and varying restrictions apply to specialty loans. Ask for more details.Contact Ann Carlton Bose