Centennial Lending Group offers several loan programs to fit your individual needs.

Contact one of our Mortgage Bankers today to get you pre-qualified for the home of your dreams!


FNMA/FHLMC Conventional Conforming Programs

Agency eligible mortgages that are below the loan limits established by and meet the funding criteria of Fannie Mae and Freddie Mac. 

  • Down payments as low as 3%
  • Monthly, Borrower Paid Single, and Lender Paid Single Private Mortgage Insurance Options
  • HARP Loans (FNMA DU Refi Plus and FHLMC LP Open Access)
  • Up to 10 Multiple Financed Properties per FNMA Guidelines
  • FNMA HomeReady Program
  • FHLMC HomePossible Program
  • FNMA HomeStyle Renovation Program

FHA

Mortgage Loan guaranteed by the US Federal Housing Administration, with low down payment required. 

  • Purchase and Refinance Available
  • Credit scores down to 580
  • Streamline Refinances allowed with no appraisal
  • 203K Renovation Program

VA

Mortgage Loan guaranteed by the US Department of Veterans Affairs, with little or no money down payment required. 

  • Purchases and Refinances available
  • Credit scored down to 620
  • Interest Rate Reduction Refinancing Loan (IRRRL) with no appraisal

USDA

Mortgage Loan guaranteed by the US Department of Agriculture, also known as the USDA Rural Development, with little to no down payment required.

  • Purchase and Refinance available
  • Credit scores down to 620
  • Offered for homes in rural areas with 100% financing

 


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Non-Agency Jumbo

Mortgages for Loan Amounts higher than agency loan limits established by Fannie Mae and Freddie Mac. 

  • Loan Amounts up to $2 Million
  • Some programs allow up to 90 LTV

Alternative Programs

For borrowers who do not fit the normal agency guidelines, certain loan scenarios can be accommodated up to loan amounts of $2 Million.

  • Non-Warrantable Condos
  • Foreign Nationals
  • Bank Statement Program for Self Employed Borrowers
  • Debt Ratios to 50%
  • Limited/No Credit Seasoning
  • Up to 20 Multiple Financed Properties
  • Recent Housing Event Issues 

HELOC

Home Equity Line of Credit may be obtained in conjunction with a first mortgage program. 

  • CLTV's to 89.99%

DoctorsOnly Program*

Available to Medical Doctors including dentists, podiatrists, ophthalmologists and veterinarians.

  • 15 year fixed rate terms and various ARMs availalbe at 30-year amortization
  • Choose the perfect type of home for you – a house, townhome or condo
  • Loan amounts up to $2 million
  • LTV's up to 100% with no PMI
  • May qualify using projected/future income with employment offer or contract
  • More lenient qualifying guidelines are allowable for borrowers in residency or fellowship
  • Low-cost long term rate locks available
  • Non-warrantable condos may be eligible up to 90%
 

*DoctorsOnly Program is offered on subject properties located in PA, MI and OH


Ready to APPLY? 

Our Mortgage Bankers are here ready to help you get into the perfect mortgage.