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Products
BlackRidgeMORTGAGE offers a variety of loan programs to meet your needs. We work with the leading Investors in the industry to provide:
 
Conventional
FHA
VA
USDA

Conventional

These loans adhere to Fannie Mae or Freddie Mac max loan amounts and guidelines, they come in  10, 15, 25 & 30-year fixed rate terms and typically require at least a 20 percent down payment.

However, even if the borrower does not have a 20 percent down payment, by putting less down and paying Private Mortgage Insurance, the borrower can still possibly get financing through conventional financing.


FHA

An FHA insured loan is a US Federal Housing Administration mortgage insurance backed mortgage loan which is provided by a FHA-approved lender. FHA insured loans are a type of federal assistance and have historically allowed lower income Americans to borrow money for the purchase of a home that they would not otherwise be able to afford.


VA

A mortgage loan made available to veterans of the United States Armed Forces to facilitate the purchase of a home. A VA loan is issued by a traditional lender and backed, in part, by the US Department of Veterans Affairs. The backing provided by the VA allows veterans who would not normally qualify for a mortgage loan due to a lesser down payment or other issues to purchase a home.


USDA

A USDA loan (also called a Rural Development Loan) is a government insured home loan that allows you to purchase a home with NO Money Down. USDA Home Loans offer 100% financing to qualified buyers, and allow for all closing costs to be either paid for by the seller or financed into the loan. USDA loans have income limits and property eligibility requirements. Speak with one of our Lenders to see if you qualify.