My First Home Program

This program allows qualifying borrowers to reduce the cash required upfront by rolling some of their costs into the rate. My First Home program borrowers are able to finance many of the closings costs associated with purchasing a home, making it easier and more affordable to become a homeowner!

  • Low to no down payment options available
  • Less stringent underwriting guidelines
  • Lower interest rates available with certain programs
  • May be subject to income and property value limitations
  • Some government subsidized programs may have a recapture tax if the home is sold too soon in certain geographic areas

Fixed Rate

We offer a wide range of traditional, fixed-rate mortgage programs with various terms that can be tailored to fit your specific needs and long-term financial goals.

  • Monthly payments are fixed over the life of the loan
  • Interest rate does not change
  • Protected if interest rates go up
  • Ability to refinance if rates decrease
  • Higher interest rate than ARM loans
  • Higher mortgage payments than ARM loans
  • Interest rate remains fixed regardless of market fluctuation

Adjustable Rate (ARM)

The interest rate for an ARM (Adjustable Rate Mortgage) product changes periodically, typically in relation to an index that reflects the cost to the lender of borrowing on the credit markets, and payments may go up or down accordingly. Our ARM loan flexibility is advantageous to a wide array of financial situations.

  • Lower initial monthly payment than fixed rate loans
  • Lower payment over initial period of time
  • Rates and payments may go down if rates improve
  • May qualify for higher loan amounts
  • Exposure to interest rate risk
  • Potential for high payments if interest rates increase

Buy Before You Sell

A Howard Hanna Mortgage exclusive program that applies the equity in your current home towards the down payment on your next home, allowing you to buy with confidence even before your current home is sold!

  • Provides down payment funds for next home purchase
  • Eliminates home sale contingency
  • Payments can be deferred for qualified buyers
  • 90 day term
  • Must meet certain guidelines
  • Must have equity in current home
  • Rentals, multifamily and commercial properties are not eligible

Luxury Mortgage

At times, homebuyers need to secure a loan in excess of $500,000. We offer a variety of mortgage options to accommodate our luxury homebuyers. We will tailor a program to meet your specific needs.

  • Allows you to borrow up to $5 million (ability to lend more on a case-by-case basis)
  • Exclusive privileges through Howard Hanna's Distinctive Client Services
  • Higher interest rates to compensate for risk
  • Larger down payment required

FHA & VA Loan

FHA loans are insured by the Federal Housing Administration and are available to homebuyers who meet certain guidelines. Veterans Administration (VA) loans are available at competitive rates for those who have served our country in the military service. Many of these loans require no down payment. We are a VA delegated lender with in-house approval capabilities.

  • Require no down payment
  • Competitive interest rates
  • Can be forgiving of less than perfect credit
  • Insured by the Federal Government
  • Must meet certain guidelines
  • Lower loan limits

State Bond Loan

First-time homebuyers may qualify for both attractive interest rates with minimal down payment requirements and receive down payment assistance through grants or secondary financing.

  • Income and loan amount restrictions
  • Free home buyer education may be required
  • DPA and CCA programs available (Down Payment Assistance & Closing Cost Assistance)
  • Mortgage tax credit certificate

USDA Rural Housing

This program offers solutions for qualifying properties that may be difficult to appraise due to acreage, distance, and availability of comparable sales in the area. More lenient qualifying guidelines and zero-down payment options are among the other great reasons to use this unique product.

  • Census tract restrictions
  • Eligible property locations
  • Income eligibility
  • Owner occupied primary residence

Physician Plus

This unique mortgage program is designed exclusively for medical doctors, with good credit, but limited assets and potentially high student loan debt. In addition to no down payment, funds used toward closing costs can come from different sources.

  • Medical doctors, including dentists, podiatrists, and ophthalmologists are eligible. Veterinarians are permitted as well.
  • Program allows for financial flexibility as the seller of the property can contribute up to 3% of the purchase price to pay certain closing costs or settlement fees.
  • Gives the option of bringing less cash to closing – as little as no down payment along with no mortgage insurance up to $650,000.
  • Funds used toward closing costs can come from different sources, such as gifts from a family member.

Renovation Plus (Ohio & Michigan)

Simplifying the home improvement process, it enables a buyer to finance a home purchase, as well as substantial home improvements to that property, with the same monthly mortgage payment. Available in Ohio & Michigan only.

  • Create immediate equity by incorporating the cost of improvements into one mortgage
  • Cost effective alternative to home equity loans and high interest credit cards
  • Eliminates the hassle of funding projects over time and out-of pocket costs
  • Make improvements before moving in
  • Cannot be used for structural repair
  • Must qualify for entire loan amount including improvements
  • Program may not be available in all locations

My First Home Program

This program allows qualifying borrowers to reduce the cash required upfront by rolling some of their costs into the rate. My First Home program borrowers are able to finance many of the closings costs associated with purchasing a home, making it easier and more affordable to become a homeowner!

  • Low to no down payment options available
  • Less stringent underwriting guidelines
  • Lower interest rates available with certain programs
  • May be subject to income and property value limitations
  • Some government subsidized programs may have a recapture tax if the home is sold too soon in certain geographic areas

Fixed Rate

We offer a wide range of traditional, fixed-rate mortgage programs with various terms that can be tailored to fit your specific needs and long-term financial goals.

  • Monthly payments are fixed over the life of the loan
  • Interest rate does not change
  • Protected if interest rates go up
  • Ability to refinance if rates decrease
  • Higher interest rate than ARM loans
  • Higher mortgage payments than ARM loans
  • Interest rate remains fixed regardless of market fluctuation

Adjustable Rate (ARM)

The interest rate for an ARM (Adjustable Rate Mortgage) product changes periodically, typically in relation to an index that reflects the cost to the lender of borrowing on the credit markets, and payments may go up or down accordingly. Our ARM loan flexibility is advantageous to a wide array of financial situations.

  • Lower initial monthly payment than fixed rate loans
  • Lower payment over initial period of time
  • Rates and payments may go down if rates improve
  • May qualify for higher loan amounts
  • Exposure to interest rate risk
  • Potential for high payments if interest rates increase

State Bond Loan

First-time homebuyers may qualify for both attractive interest rates with minimal down payment requirements and receive down payment assistance through grants or secondary financing.

  • Income and loan amount restrictions
  • Free homebuyer education may be required
  • DPA and CCA programs available (Down Payment Assistance & Closing Cost Assistance)
  • Mortgage tax credit certificate

Luxury Mortgage

At times, homebuyers need to secure a loan in excess of $500,000. We offer a variety of mortgage options to accommodate our luxury homebuyers. We will tailor a program to meet your specific needs.

  • Allows you to borrow up to $5 million (ability to lend more on a case-by-case basis)
  • Exclusive privileges through Howard Hanna's Distinctive Client Services
  • Higher interest rates to compensate for risk
  • Larger down payment required

Buy Before You Sell

A Howard Hanna Mortgage exclusive program that applies the equity in your current home towards the down payment on your next home, allowing you to buy with confidence even before your current home is sold!

  • Provides down payment funds for next home purchase
  • Eliminates home sale contingency
  • Payments can be deferred for qualified buyers
  • 90 day term
  • Must meet certain guidelines
  • Must have equity in current home
  • Rentals, multifamily and commercial properties are not eligible

Fixed Rate

We offer a wide range of traditional, fixed-rate mortgage programs with various terms that can be tailored to fit your specific needs and long-term financial goals.

  • Monthly payments are fixed over the life of the loan
  • Interest rate does not change
  • Protected if interest rates go up
  • Ability to refinance if rates decrease
  • Higher interest rate than ARM loans
  • Higher mortgage payments than ARM loans
  • Interest rate remains fixed regardless of market fluctuation

Adjustable Rate (ARM)

The interest rate for an ARM (Adjustable Rate Mortgage) product changes periodically, typically in relation to an index that reflects the cost to the lender of borrowing on the credit markets, and payments may go up or down accordingly. Our ARM loan flexibility is advantageous to a wide array of financial situations.

  • Lower initial monthly payment than fixed rate loans
  • Lower payment over initial period of time
  • Rates and payments may go down if rates improve
  • May qualify for higher loan amounts
  • Exposure to interest rate risk
  • Potential for high payments if interest rates increase

FHA & VA Loan

FHA loans are insured by the Federal Housing Administration and are available to homebuyers who meet certain guidelines. Veterans Administration (VA) loans are available at competitive rates for those who have served our country in the military service. Many of these loans require no down payment. We are a VA delegated lender with in-house approval capabilities.

  • Require no down payment
  • Competitive interest rates
  • Can be forgiving of less than perfect credit
  • Insured by the Federal Government
  • Must meet certain guidelines
  • Lower loan limits

Fixed Rate

We offer a wide range of traditional, fixed-rate mortgage programs with various terms that can be tailored to fit your specific needs and long-term financial goals.

  • Monthly payments are fixed over the life of the loan
  • Interest rate does not change
  • Protected if interest rates go up
  • Ability to refinance if rates decrease
  • Higher interest rate than ARM loans
  • Higher mortgage payments than ARM loans
  • Interest rate remains fixed regardless of market fluctuation

Adjustable Rate (ARM)

The interest rate for an ARM (Adjustable Rate Mortgage) product changes periodically, typically in relation to an index that reflects the cost to the lender of borrowing on the credit markets, and payments may go up or down accordingly. Our ARM loan flexibility is advantageous to a wide array of financial situations.

  • Lower initial monthly payment than fixed rate loans
  • Lower payment over initial period of time
  • Rates and payments may go down if rates improve
  • May qualify for higher loan amounts
  • Exposure to interest rate risk
  • Potential for high payments if interest rates increase

Fixed Rate

We offer a wide range of traditional, fixed-rate mortgage programs with various terms that can be tailored to fit your specific needs and long-term financial goals.

  • Monthly payments are fixed over the life of the loan
  • Interest rate does not change
  • Protected if interest rates go up
  • Ability to refinance if rates decrease
  • Higher interest rate than ARM loans
  • Higher mortgage payments than ARM loans
  • Interest rate remains fixed regardless of market fluctuation

Adjustable Rate (ARM)

The interest rate for an ARM (Adjustable Rate Mortgage) product changes periodically, typically in relation to an index that reflects the cost to the lender of borrowing on the credit markets, and payments may go up or down accordingly. Our ARM loan flexibility is advantageous to a wide array of financial situations.

  • Lower initial monthly payment than fixed rate loans
  • Lower payment over initial period of time
  • Rates and payments may go down if rates improve
  • May qualify for higher loan amounts
  • Exposure to interest rate risk
  • Potential for high payments if interest rates increase

Buy Before You Sell

A Howard Hanna Mortgage exclusive program that applies the equity in your current home towards the down payment on your next home, allowing you to buy with confidence even before your current home is sold!

  • Provides down payment funds for next home purchase
  • Eliminates home sale contingency
  • Payments can be deferred for qualified buyers
  • 90 day term
  • Must meet certain guidelines
  • Must have equity in current home
  • Rentals, multifamily and commercial properties are not eligible

Physician Plus

This unique mortgage program is designed exclusively for medical doctors, with good credit, but limited assets and potentially high student loan debt. In addition to no down payment, funds used toward closing costs can come from different sources.

  • Medical doctors, including dentists, podiatrists, and ophthalmologists are eligible. Veterinarians are permitted as well.
  • Program allows for financial flexibility as the seller of the property can contribute up to 3% of the purchase price to pay certain closing costs or settlement fees.
  • Gives the option of bringing less cash to closing – as little as no down payment along with no mortgage insurance up to $650,000.
  • Funds used toward closing costs can come from different sources, such as gifts from a family member.

Renovation Plus (Ohio & Michigan)

Simplifying the home improvement process, it enables a buyer to finance a home purchase, as well as substantial home improvements to that property, with the same monthly mortgage payment. Available in Ohio & Michigan only.

  • Create immediate equity by incorporating the cost of improvements into one mortgage
  • Cost effective alternative to home equity loans and high interest credit cards
  • Eliminates the hassle of funding projects over time and out-of pocket costs
  • Make improvements before moving in
  • Cannot be used for structural repair
  • Must qualify for entire loan amount including improvements
  • Program may not be available in all locations

Let's Get Started

Buying a home is one of the biggest financial decisions you are likely to make. Like most big tasks, it's much easier to accomplish with a knowledgeable professional by your side. Let us walk you through the entire mortgage loan process.