Alaska Housing provides many different home mortgages. An approved lender to find out if you qualify for an Alaska Housing loan, contact.
To find out more, go for you to get Started, a homebuyer’s list.
Loans to buy, refinance and renovation of single-family domiciles through fourplex properties for the owner and non-owner occupant, including mortgages that are second.
First-time homebuyer loans
My Home is available statewide for applicants or properties maybe maybe not meeting the specific needs of other Alaska Housing loans.
Very First Home
This first-time homebuyer loan offers a lowered rate of interest to qualified borrowers without having the earnings limitations, acquisition expense limitations or recapture conditions of this First Home Limited loan.
First Home limited
First Residence Limited provides lower interest rates to qualified first-time homebuyers. First-time homebuyers are borrowers who possess maybe not owned a primary residence in the very last 3 years.
Veterans Mortgage System
Qualified veterans may obtain funding at reduced rates of interest. Veterans might not have been released from active responsibility solution significantly more than 25 years just before application date.
This loan can be acquired for several properties which is why financing may possibly not be acquired through private, state or mortgage that is federal.
This enables candidates to have brand new funding to increase the terms on the current loan and/or finance renovations, set up home is currently financed by Alaska Housing.
Funding for manufactured housing located in a mobile house park or on land ( perhaps not attached with a permanent foundation).
Rural Non-Owner-Occupied Loan
Financing to buy or renovate housing that is rental small communities. Long-lasting funding can be readily available for owner-built, newly built leasing housing.
Rural Owner-Occupied Loan
Funding to purchase or renovate housing that is owner-occupied tiny communities. Long-term funding can be designed for the owner-built, newly built house.
The mortgage that is second provides financing to renovate existing domiciles or even to purchase a house with the presumption of a current Alaska Housing home mortgage cash america bellingham.
Second Mortgage loan for Energy Saving
Owner-occupants may fund as much as $30,000 of power improvements, selecting from a summary of improvements incorporated with the power audit of the house.
Small Building Material Loan
Funding when it comes to renovation or completion of domestic properties based in “small communities.” Properties might be owner-occupied or non-owner occupied.
Borrowers with a house currently financed by Alaska Housing may get financing that is new earnings, credit, or appraisal skills.