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Peoples Mortgage, Inc. offers a variety of loan programs to meet your needs.

  • FHA and VA - Purchases with $0 down!
  • Conventional
  • Reverse Mortgage / Home Equity Conversion Mortgage 
  • Loans for individuals with "less than perfect" credit
  • Loans for individuals in Chapter 13 Bankruptcy
 
FHA Purchase with NO MONEY DOWN!
Reverse Mortgage / Home Equity Conversion Mortgage (HECM)
Chapter 13 Participant Loan

Rates last updated on Wednesday, April 04, 2007

FHA Purchase with NO MONEY DOWN!

Yes...it's true, you can move into the house of your dreams with no money out of pocket!

  • Low rate FHA loan
  • We arrange obtaining gifts funds for you!


Term: 30 years   Maximum Amount: $180,000

Reverse Mortgage / Home Equity Conversion Mortgage (HECM)

Find out how you can unlock the equity in your home and start RECEIVING a monthly check with our Reverse Mortgage Program!


Chapter 13 Participant Loan

Yes...we can get a loan for you even if you are in Chapter 13!

The requirements are as follows:

  1. Perfect Trustee Pay History
  2. Perfect Rental or Mortgage Pay History Since the Chapter 13 Filing
  3. Ratio's that meet FHA debt ratio guidelines
  4. Letter of Explanation describing the reason why you filed Bankruptcy
  5. No other prior Bankruptcy Filings to the current Chapter 13


Term: 30 years   Maximum Amount: $180,000



Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $417,000 for the contiguous states, District of Columbia, and Puerto Rico or below $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $333,700 with closing costs of $6,674. Jumbo Loans (whose maximum loan amount exceed $417,000 for the contiguous states, District of Columbia, and Puerto Rico or exceed $625,500 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $1,000,000 with closing costs of $20,000. Your actual APR may be different depending upon these factors.