Loan Programs


Conventional (FNMA / FHLMC) loans cover a broad range of property and situations.  Conventional loans can be used to purchase / refinance a primary residence, second home, or investment property.



VA (Veteran's Administration) loans are available for qualified veterans and active duty service people.  Down payment is not required, and there are no monthly mortgage insurance premiums.



FHA (Federal Housing Authority) loans are designed for borrowers needing more flexible terms.  Lower down payments, lower minimum credit scores, a wider range of non-occupant cosigners, and other more flexible situations are possible with FHA loans.



RD (Rural Development) loans are available through the US Department of Agriculture.  Qualified borrowers can get an RD loan with no down payment requirement in specified areas.


HUD 184

HUD 184 loans provide more flexible terms for enrolled members of Alaska Native and American Indian tribes.  These loans offer lower down payments, more affordable mortgage insurance, and more flexible credit requirements.



Jumbo loans are available for loan amounts that exceed the conforming loan limits. 


AHFC First Time Homebuyer

AHFC (Alaska Housing Finance Corporation) First Time Homebuyer loans are available for borrowers who haven't owned their primary residence in the past 3 years.  First time homebuyers receive better interest rates under this program.

AHFC Renovation

AHFC renovation loans are available for properties needing repairs after closing.  A variety of home improvements can be made under this program, ranging from simple carpet and paint changes to new space and room additions.

Other Programs

The above are our most popular loan offerings, but the list is far from complete.  There are many more loans and options within our AHFC menu, down payment assistance programs, and other possibilities.  Get prequalified today and let one of our dedicated loan originators find the best loan for you!

Apply here for a better mortgage experience through Homestate Mortgage Company.