Key Mortgage Group Inc offers a variety of loan programs to meet your needs. We work with the leading lenders in the industry to provide:
 
FHA Loans
VA Loans
USDA Loans
Section 184 Indian Home Loans

FHA Loans
What is a FHA loan? A FHA loan is a mortgage insured by the Federal Housing Administration. FHA loans are designed for low to moderate income home-buyers to afford a house with more lenient credit score requirements and a low down payment. They offer mortgage insurance that protects the lender from financial loss and increases your chances of being accepted.
 
How to qualify? It's easy! Borrowers can qualify for a FHA loan with a down payment as low as 3.5% with a decent credit history and low debt-to-income ratio. Those who do not meet the requirements can still qualify with a higher down payment. Some benefits of a FHA loan include: Low money down! Down payments as low at 3.5%, Lower credit score requirements, No early payment penalties, They are assumable by another buyer if you sell your home, and Monetary gifts can be used toward your FHA loan down payment or closing costs. Contact us today to see if you qualify for a FHA loan!

VA Loans
What is a VA loan? A VA loan is a mortgage loan in the United States guaranteed by the United States Department of Veterans Affairs.
 
Most members of the military, veterans, reservists and National Guard members are eligible to apply for a VA loan. Spouses of military members who died while on active duty or as a result of a service-connected disability may also apply. Active-duty members generally qualify after about six months of service. Some benefits on choosing a VA loan are: No down payment in most cases, sellers can pay all of a buyer's loan-related closing costs and up to 4 percent in concessions, they have lower average interest rates than other loan types, and you can save thousands of dollars over the term of your loan! Contact us today to see if a VA loan is right for you!

USDA Loans
What is a USDA Loan? A USDA home loan is a zero down payment mortgage for eligible rural and suburban home buyers. USDA loans are issued through the USDA loan program, also known as the USDA Rural Development Guaranteed Housing Loan Program, by the United States Department of Agriculture.
 
The processing of a USDA loan requires potential borrowers to provide proof of income. Every county has its own set of restrictions with respect to eligibility norms. However, many automatically assume that since the program is meant for low to medium income borrowers, there is a limit on what homes they can buy. This is incorrect as the USDA does not have set loan limits as with VA or FHA loans, but bases the maximum loan amount on the borrower's ability to qualify. Contact us today to check your eligibility!

Section 184 Indian Home Loans
What is a Section 184 Indian Home Loan? The Section 184 Indian Home Loan Guarantee Program is a home mortgage product specifically designed for American Indian and Alaska Native families, Alaska villages, tribes, or tribally designated housing entities.
 
Verification or tribal enrollment will be necessary upon application for a Section 184 loan. Enrollment decisions are made solely by the tribal government. Typically your tribe will provide a card or a letter proving your enrollment status. Trust lands and tribal members on and off reservation may be eligible. With Section 184 financing borrowers can get into a home with a low down payment and flexible underwriting. Section 184 loans can be used, both on and off native lands, for new construction, rehabilitation, purchase of an existing home, or refinance. Contact us today with any questions on this Section 184 Indian Home Loan!



Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $484,350 for the contiguous states, District of Columbia, and Puerto Rico or below $636,150 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $424,100 with closing costs of $8,482. Jumbo Loans (whose maximum loan amount exceed $484,350 for the contiguous states, District of Columbia, and Puerto Rico or exceed $636,150 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $1,000,000 with closing costs of $20,000. Your actual APR may be different depending upon these factors.