Our Mortgage Options
At Franklin Mortgage, we help design a custom loan that works for you and your financial needs. We are proud of our competitive interest rates and our easy loan application process. Here are a few of the options and advantages we provide:
- First-time home buyer programs
- Second home programs
- Low and no down payment financing
- No prepayment penalties
- Flexible and specialty programs
Navigating the home loan process can be overwhelming. Let us take you through each step, answering any questions that come up along the way.
Not sure where to start? Give us a call at 636.239.4811 to set up your FREE consultation or drop us a line at info@franklinmortgageco.com or contact one of our loan officers directly.
The first step in buying a home is determining your budget. How much house can you afford? Find out here.
Types of Loans
To meet your goals, we offer a variety of loan programs: fixed interest rates, adjustable interest rates, interest-only loans, jumbo loans and bridge loans (to help when you have found your dream home, but haven’t sold your current home).
Scroll to the left to view the rest of the table.
| Loan Type | Loan Description | Down Payment Requirement | Minimum Credit Score |
|---|---|---|---|
| VA Loan | Government backed loans for active and veteran military members | 0% | 580 |
| Conventional Loan | Lowest fixed interest rate loan for eligible buyers | 5% | 620 |
| USDA Loan | Home loan for a home located in a qualified USDA rural area; income requirements | 0% | 620 |
We also offer several other loan options, including:
- Home Purchase Loans
- Mortgage Refinancing
- Land and Lot Loans
- Home Improvement Loans
- Home Equity Loans
- Rental Property Programs
Less Than Perfect Credit
At Franklin Mortgage, we understand that you are a person, not a number. Give us a call and find out how we can help! We’re ready to work with you!