Spokane, WA Real Estate Homes & Communities Eastern Washington

(509) 252-9151

Michael Mullin
First Priority Financial
NMLS 3257 | NMLS 11911
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Mortgage Loan Programs

Washington Mortgage ProgramsMortgage Loan Programs

Whether you are looking for a first-time homebuyer’s loan, fixing up a bank owned foreclosure property or leveraging your equity, we can fund your next home loan.

Below is a list of some of our most popular loan programs, with links for more information.

Please feel free to contact us if you would like to discuss your unique lending scenario and needs.


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Conventional Home Loans

Most lenders would consider a conventional mortgage as a loan that conforms to the guidelines set forth by Freddie Mac and Fannie Mae, the two government sponsored enterprises (GSEs).


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Jumbo Home Loans

A jumbo mortgage is a mortgage with a loan amount above conventional conforming loan limits. Jumbo loan limits are different, depending on where your property is located.


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FHA Mortgage Programs

The FHA’s goals are to improve housing standards and conditions, provide an adequate home financing system through insurance of mortgage loans and to stabilize the mortgage market.


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203k Rehab Mortgage Loans

The financing for this loan will include the purchase price, as well as the improvements you are either required to do to be able to live in the home, or that you want to do, such as upgrade the kitchen or add energy efficient upgrades.


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Reverse Senior Loans

A lifetime loan available to seniors, and used to release the equity in the property as one one lump sum or multiple payments. The homeowner’s obligation to repay the loan is deferred until the owner sells the property.


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VA Home Loans

The basic intention of the VA direct home loan program is to supply home financing to eligible veterans in areas where private financing is not generally available and to help veterans secure a mortgage with little or no down payment.


HARP-Refinance Program

HARP Refinance Program

HARP stands for the Home Affordable Refinance Program, which is a government loan program that was recently updated to help more people who have underwater mortgages.