Buy A Home
Found your dream house? Here are some great reasons to work with Madison Management:
Not all applications will be pre-approved.
Low, everyday rates
Conventional, FHA, VA and flex-term options available
Non-QM loans
Mortgage Loan Options
It’s important to have the right partner when you’re ready to buy a new home, and Madison Management Services offers a wide range of financing options to suit a variety of needs. Whether you’re looking for a loan for a primary residence, second/vacation home or investment property, we’ll take a look at your complete financial picture to find the right option for your needs. Which one of these products sounds like the best fit for you?
Mortgage Type
Key Benefits
Worth Considering If You…
Conventional Fixed-Rate Mortgages
A low rate that never changes.
Best rates for qualified borrowers
One rate for the life of your loan
No mortgage insurance with 20% down
Plan to stay in your home for a longer period of time
Have built a credit history *Already have the funds for a down payment of 5% or more
Adjustable-Rate Mortgages (Arms)
Pay The Lowest Rate Initially And Then Transition To An Annually Adjusting Rate.
The lowest short-term rates *Keeps your monthly payments low for the initial period
Select an initial rate period of 3-10 years based on your plans for the home
Plan on moving or selling your home in a few years *Have built a credit history *Already have the funds for a down payment of 5% or more
FHA Mortgages
Government-Backed Loans With More Flexible Lending Guidelines.
Low down payments *Flexible qualification guidelines
Fixed-rate and ARM options are available
Want to make a lower down payment
Lack a credit history or have had credit problems in the past
VA Mortgages
Government-backed loans for eligible military members and their spouses.
Lower or zero down payment needed
Mortgage insurance is not required
Flexible qualification guidelines
Fixed-rate and ARM options are available
Are an active military member or veteran
Are the surviving spouse of a service member and you haven’t remarried
Investment Property Mortgages
Loans for a property used to produce a return on the investment
Competitive rates on fixed-rate loans
Higher loan amounts can be permitted
Have good credit
Possess the funds for the required down payment *Looking to diversify your investment portfolio *Interested in getting a second home or a vacation home
Mortgage Type
Conventional Fixed-Rate Mortgages
A low rate that never changes.
Key Benefits
Best rates for qualified borrowers
One rate for the life of your loan
No mortgage insurance with 20% down
Worth Considering If You…
Plan to stay in your home for a longer period of time
Have built a credit history *Already have the funds for a down payment of 5% or more
Mortgage Type
Adjustable-Rate Mortgages (Arms)
Pay The Lowest Rate Initially And Then Transition To An Annually Adjusting Rate.
Key Benefits
The lowest short-term rates *Keeps your monthly payments low for the initial period
Select an initial rate period of 3-10 years based on your plans for the home
Worth Considering If You…
Plan on moving or selling your home in a few years *Have built a credit history *Already have the funds for a down payment of 5% or more
Mortgage Type
FHA Mortgages
Government-Backed Loans With More Flexible Lending Guidelines.
Key Benefits
Low down payments *Flexible qualification guidelines
Fixed-rate and ARM options are available
Worth Considering If You…
Want to make a lower down payment
Lack a credit history or have had credit problems in the past
Mortgage Type
VA Mortgages
Government-backed loans for eligible military members and their spouses.
Key Benefits
Lower or zero down payment needed
Mortgage insurance is not required
Flexible qualification guidelines
Fixed-rate and ARM options are available
Worth Considering If You…
Are an active military member or veteran
Are the surviving spouse of a service member and you haven’t remarried
Mortgage Type
Investment Property Mortgages
Loans for a property used to produce a return on the investment
Key Benefits
Competitive rates on fixed-rate loans
Higher loan amounts can be permitted
Worth Considering If You…
Have good credit
Possess the funds for the required down payment *Looking to diversify your investment portfolio *Interested in getting a second home or a vacation home
Mortgage Type
Conventional Fixed-Rate Mortgages
A low rate that never changes.
Key Benefits
Best rates for qualified borrowers
One rate for the life of your loan
No mortgage insurance with 20% down
Worth Considering If You…
Plan to stay in your home for a longer period of time
Have built a credit history *Already have the funds for a down payment of 5% or more
Mortgage Type
Adjustable-Rate Mortgages (Arms)
Pay The Lowest Rate Initially And Then Transition To An Annually Adjusting Rate.
Key Benefits
The lowest short-term rates *Keeps your monthly payments low for the initial period
Select an initial rate period of 3-10 years based on your plans for the home
Worth Considering If You…
Plan on moving or selling your home in a few years *Have built a credit history *Already have the funds for a down payment of 5% or more
Mortgage Type
FHA Mortgages
Government-Backed Loans With More Flexible Lending Guidelines.
Key Benefits
Low down payments *Flexible qualification guidelines
Fixed-rate and ARM options are available
Worth Considering If You…
Want to make a lower down payment
Lack a credit history or have had credit problems in the past
Mortgage Type
VA Mortgages
Government-backed loans for eligible military members and their spouses.
Key Benefits
Lower or zero down payment needed
Mortgage insurance is not required
Flexible qualification guidelines
Fixed-rate and ARM options are available
Worth Considering If You…
Are an active military member or veteran
Are the surviving spouse of a service member and you haven’t remarried
Mortgage Type
Investment Property Mortgages
Loans for a property used to produce a return on the investment
Key Benefits
Competitive rates on fixed-rate loans
Higher loan amounts can be permitted
Worth Considering If You…
Have good credit
Possess the funds for the required down payment *Looking to diversify your investment portfolio *Interested in getting a second home or a vacation home