Current Promotions and Product Summaries
Take advantage of Home Savings’ current promotions, saving you time and money.
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NEW! HS Direct Home Savings gives you more opportunities to say yes to more clients. We’ve removed many overlays from our current Conventional Conforming product. This includes a 15- or 30- year fixed rate loan, or 5/1 ARM loan. Click for more details. For details, ask your Community Banker. |
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NEW! High Balance Home Savings’ conforming high balance 30-year fixed rates are the best in the east and west; offering clients’ flexible terms for various FICO scores. Click for more details. For details, ask your Community Banker. |
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NEW! LPMI Option If your borrower has 680 FICO, plans to sell/refi within 10 years and has a smaller down payment, a Conventional loan plus LPMI may result in lower monthly payments! For details, ask your Community Banker. |
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NEW! Streamline 203(k) (TEMPORARILY SUSPENDED) Ideal for first-time homebuyers wanting to purchase a bank-owned property in need of repair, or homeowners wanting to refi and update their existing home, or buyers with limited funds for down payment and renovation. Qualification requirements are more flexible. Click for more details. Available for approved brokers. For details, ask your Community Banker. |
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NEW! USDA With 100% financing and no money down, this program is popular for first time homebuyers in rural and many suburban areas. Purchase loans only, until further notice. Click for more details. For details, ask your Community Banker. |
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Conforming Loans
A wide variety of conventional financing options on fixed and adjustable rate programs, with full and interest-only options, will accommodate your clients wishing to purchase or refinance a home.
- Conforming Fixed and LIBOR ARM
- New York CEMA Refinance Overlay (TEMPORARILY SUSPENDED)
- DU Refi Plus Overlay
- FNMA County Loan Limits (2010)
- FNMA High Balance Overlay
- FMNA High Cost Area Loan Limits (2010)
- HSOA Direct
- HSOA Direct High Balance
- Texas Conventional Owner-Occupied Refinance Overlay
Government Programs
Whether it’s a purchase or refi loan, HSOA offers government programs to fit your clients’ needs. Fixed rate or ARM; $100 down, FNMA Flex or high balance products.
- FHA Programs
- FHA Special Products Overlay - $100 Down
- FHA 203k streamline (TEMPORARILY SUSPENDED)
- New York CEMA Refinance Overlay (TEMPORARILY SUSPENDED)
- VA Programs
USDA Rural Housing
The Rural Housing program provides homebuyer benefits for qualified low-income applicants that are not available through other sources. Please see your Account Executive for details on how to place your borrowers into these programs.
