- Personal, Professional Service
- Whether you are a first-time home buyer or are just refinancing, Syrina Nelson, Bank of Gravett’s Mortgage Loan Originator, is committed to providing you with exceptional service and helping you find the loan product that fits your needs—and your budget!
- Quick Decision-Making
- With automated underwriting and other advanced technology solutions, we can make financing your home quick and easy.
- Free “Pre-Qualifications”
- We offer free pre-qualifications, so you can shop for your “dream home” without incurring any added costs.
- Selecting the best financing solutions
- Bank of Gravett offers a wide range of financing options, including low fixed rate mortgages and adjustable rate mortgages. Depending on your financial situation, you may even qualify for special program options, such as:
- Rural Housing Program
- Designed for moderate, low, and very low income borrowers. The Rural Housing program offers financing options for those borrowers who would not qualify for conventional FHA loans without additional assistance.
Owner-occupied primary residences [SFRs, condos, and PUDs].- Eligible finance transactions are:
Guaranteed Program: “purchase” and “rate and term” refinance
Direct/Leveraged Program: purchase only
- Little or no down payment or out-of-pocket costs.
- Reserves not required.
- Up to 6% property seller contributions allowed.
- Maximum LTV of 100%.
- Full documentation only.
- No PMI
- Costs may be financed
- Qualification Requirements
- Borrowers’ income must be less than 115% [Guaranteed Program] or 80% [Direct/Leveraged Program] of the county's median income.
- Property must be located in a designated rural area.
- We have what you need.
- Low Fixed Rate Mortgages
- Adjustable Rate Mortgages
- Conventional Loans
- Non-Conforming Conventional Loans
- Rural Development/VA Loans
- 10- to 30-Year Mortgages
- Construction Loans
- Debt Consolidation
- Up to 100% Financing
- Pre-Approval
- Assistance with Past Credit Problems/Bankruptcy
Syrina Nelson
