What are the loan options offered by Allied Home Mortgage Corp.?

Allied Home Mortgage Corp. offers a diverse range of loan options to meet the needs of various borrowers. They typically provide conventional loans, which are popular due to their flexibility and competitive interest rates. These loans can be used for purchasing a home or refinancing an existing mortgage. Additionally, they often offer government-backed loans, such as FHA, VA, and USDA loans. Each of these government programs serves specific demographics and comes with unique advantages. FHA loans are usually favored by first-time homebuyers because they require lower down payments and have more lenient credit requirements. VA loans are tailored specifically for eligible veterans and active-duty service members, providing benefits such as no down payment and no private mortgage insurance requirement. USDA loans are advantageous for those purchasing homes in rural areas, featuring low interest rates and minimal down payment options. Moreover, Allied Home Mortgage may offer various adjustable-rate mortgage options and specialty loan programs suited to specific financial circumstances. For detailed information regarding current options and eligibility criteria, it is advisable to visit the Allied Home Mortgage website to find the most accurate and up-to-date information.