Grande Financial Inc
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      • FHA Loans
      • VA Loans
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  • Home
  • About
    • Our Team
    • Testimonials
    • Licensing
    • History
  • Services
    • Government Backed Loans >
      • FHA Loans
      • VA Loans
      • USDA Loans
    • Conventional Loans
    • Home Refinancing
    • Home Renovation Loans
  • Contact

Government Backed Loans

​A government-backed loan is a loan subsidized by the government, protecting lenders against defaults on payments, making it a lot easier for lenders to offer potential borrowers lower interest rates. The goal is to make owning your own home affordable to lower income households and first-time buyers.

There are a number of types of government backed loans including the three main types which are detailed below.
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FHA Loans
FHA Loans - These are popular for first-time home buyers, but anyone who qualifies can get lower credit requirements, low down payments, and great rates.
VA Loans Grande Financial
VA Loans—These loans are specifically for eligible veterans and their spouses and offer extremely low rates and in many cases no down payment at all.
USDA Loans Grande Financial
USDA Loans—Once intended just for farmers, the U.S. Department of Agriculture’s Rural Development housing program now serves rural communities as a whole and guarantees as much as 90 percent on qualified mortgages.
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Location

3550 Briarfield Blvd, Ste 400
​Maumee, Ohio 43537
​419-893-5626
All of our programs include no applications fees, a free debt analysis, and 24-hour pre-approval in most cases.

What Our Clients Are Saying

“Grande Financial helped us keep more money in our pockets. They refinanced our mortgage, lowered our interest rate and paid off a few of our credit cards. Now we are saving $400.00 a month! Grande Financial really does care about me and my home! I highly recommend Grande Financial.”
-Foster Price 

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Licenses:      Ohio #MB.803759.000              Michigan #FL 0015547          NMLS #132732
Photo used under Creative Commons from Submarine Group Ten