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Loan Products

At VCCDC we make it our goal to get you and your family the best loan possible by working with different mortgage brokers as well as providing direct mortgages, allowing us to get you competitive rates. Take a look at the loan products we offer to meet your mortgage needs. 

HomeNow Loan

Buy your home with as little as 3% down!

  • Lower fees than traditional loan programs
  • Limited credit history considered
  • Not limited to first-time home buyers
  • Use of down payment assistance programs is allowed
  • Other criteria and requirements apply

USDA Loan

USDA Rural Development’s Single Family Housing Guaranteed Loan Program assists low to moderate income individuals in buying a home in a rural area with 100% financing opportunities. Applicants must meet income eligibility requirements and purchase a home within the eligible rural areas.

 

  • No downpayment
  • No monthly mortgage insurance
  • Not limited to first-time home buyers
  • Use of down payment assistance programs is allowed
  • Other criteria and requirements apply

 

Veteran’s Administration Loan (VA)

Are you an active-duty, veteran, reservists, or surviving spouse of a veteran? Apply for the Veteran’s Administration (VA) loan with VCCDC!  Benefits of a VA Loan:

  • No down payment needed
  • No private mortgage insurance
  • No funding fee for disabled vets
  • Closing costs may be paid by seller
  • VA rules limit the amount you can be charged for closing costs
  • You don’t have to be a first-time homebuyer
  • Qualified first-time homebuyers can combine with VCCDC Closing Cost Assistance
  • Available for purchase and refinance

 


 

Want to learn more about our loans?

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