New American Funding

FHA Streamline

No Appraisal Required

Limited Documentation Needed

Fast and Simple Process
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FHA

Up to 95% of Your Homes Value

Only 3.5% Down Payment on New Home Purchases

Low Fixed and Adjustable Rates

Qualify for the FHA Streamline Rate Reduction Program - When Rates Go Down, We Lower Your Rate! Ask Us How
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Conventional
Refinance & Purchase

	Fixed Rate Refinance or Purchase Loans
		Lock in your rate for the life of your loan Make sure your payment never goes up Get cash out – pay off high interest debt
	Adjustable Rate Refinance or Purchase
		Get the lowest rates and payment Get cash out – pay off high interest debt
	Interest Only
		Qualify for a higher loan amount Lower payments
	Jumbo Loans
		Higher loan amounts

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VA Loans
There are several benefits offered through VA Loans, all of which make the VA loan one of the best types on the market today. Here are some of those benefits.

No PMI

No Down Payment

Lower Cost
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Reverse Mortgages
A reverse mortgage enables older homeowners (62+) to convert part of the equity in their homes into tax-free income without having to sell the home, give up title, or take on a new monthly mortgage payment. The reverse mortgage is aptly named because the payment stream is “reversed.” Instead of making monthly payments to a lender, as with a regular mortgage, a lender makes payments to you.
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Apply Now

© 2009 New American Funding. All Rights Reserved. Important Information: This is an FHA program. Please call your local HUD office to verify or visit their web site at http://www.hud.gov/offices/hsg/sfh/fharesourcectr.cfm Current guidelines for FHA Financing can be found in HUD Handbook 4155.1, REV-4, CHG1, paragraphs 1-12. New American Funding is a Direct Endorsement FHA Lender. New American Funding is a Direct Endorsement (FHA) Government Lender.

*This 5/1 Adjustable Rate Mortgage (ARM) fixed for the first 60 months. Rates and terms effective 01/01/2010 and subject to change. Actual rate determined after receipt of a completed application and prior to execution of loan documents. The estimated payment amounts include principal and interest. Payments are based on the initial rate, current index and margin, and also take into account initial, subsequent, and lifetime rate caps. This is a variable rate loan and actual payment amounts will vary annually after the fifth year based on changes in the index. Your payment will increase and may increase substantially if interest rates increase. Payment will vary based on the specific terms of the loan, verification of information and credit.

*30 year fixed - Payment based on First Trust Deed with a 30-year amortization. APR and payment will vary based on the specific terms of the loan selected, verification of information and credit. Rates are subject to change. Conditions and restrictions apply. Not all applicants will qualify.