Discover Your Ideal Mortgage Solution
Tailored Loan Programs for Every Homebuyer
Explore a variety of mortgage options designed to meet your unique financial needs. From conventional loans to specialized programs, SD Mortgage Group LLC is here to help you find the perfect fit.
Our Loan Programs
At SD Mortgage Group LLC, we offer a comprehensive range of loan programs to suit every homebuyer’s needs. Our conventional loans provide flexible terms and competitive rates for those seeking traditional financing. For buyers looking at high-value properties, our jumbo loans offer the necessary funding with attractive terms. First-time homebuyers or those with lower down payments can benefit from our FHA loans, which feature lower credit score requirements and minimal down payments. Veterans and service members can take advantage of our VA loans, offering zero down payments and lower interest rates. For those in rural areas, our USDA loans provide affordable financing options with no down payment. Additionally, our Construction to Perm loans streamline the financing process for building your dream home, while our DSCR loans cater to real estate investors focusing on property income rather than personal credit.
Conventional mortgage loans are not backed by the government and offer versatile solutions with competitive rates and flexible terms. Ideal for homebuyers with various down payment amounts and credit profiles.
Jumbo loans exceed the limits set by the Federal Housing Finance Agency, providing financing for high-value properties. These loans come with flexible eligibility criteria and competitive rates, perfect for luxury home purchases.
FHA Loans
FHA loans are government backed and insured by the Federal Housing Administration. FHA loan requirements for credit score and downpayment are lower than conventional loans. FHA loans only require a 3.5% downpayment which makes them popular with first-time home buyers or with buyers that don’t want to put a lot down on a property. Please note that because there is a lower downpayment requirement, this type of loan requires mortgage insurance.
Conventional Loans
Conventional mortgage loans are not backed by the government and offer versatile solutions with competitive rates and flexible terms. Ideal for homebuyers with various down payment amounts and credit profiles.
Jumbo Loans
Jumbo loans exceed the limits set by the Federal Housing Finance Agency, providing financing for high-value properties. These loans come with flexible eligibility criteria and competitive rates, perfect for luxury home purchases.
Va Loans
VA loans are government-backed mortgage options available to Veterans, service members and surviving spouses. With offerings of zero downpayments (in most cases) and lower interest rates, these loans offer great savings to their borrowers. VA home loans can be used to purchase a primary residence only.
USDA Loans
USDA (United States Department of Agriculture) Mortgage loans are zero-down payment mortgages for eligible rural and suburban home buyers. USDA loans are guaranteed by the government, specifically the USDA Rural Development Guaranteed Housing Loan Program, a part of the U.S. Department of Agriculture. These types of loans have an income limit per household. In DE, the average household income limits for USDA home loans are $110,650 but vary by county.
Construction to Perm Loans
A Construction to Permanent loan allows you to finance construction costs and your mortgage together in one loan. This type of loan eliminates the need for two different loans. Instead, you get a single loan to purchase the land and build the home that will convert to a permanent mortgage when construction is complete. During the loan process you will take draws to pay for work and after work is completed for each draw – the home will be inspected to make sure work is completed, then you can move on to the next phase/draw. Once the home is 100% completed and no more money is owed for the build, the construction loan switches to a permanent loan.
DSCR Loans
DSCR (Debt Service Coverage Ratio) loans offer flexible financing solutions for real estate investors and commercial property owners. It focuses on the property’s income rather than personal credit, making it ideal for investors with strong cash-flowing properties. With competitive rates and terms tailored to your needs, our DSCR loan helps you grow your real estate portfolio and achieve your investment goals. Contact us to learn more
Key Features of Our Loan Programs
Conventional Loans
Down payment as low as 3%, credit score requirements starting at 620, and loan amounts up to $766,550 for 1-unit properties.
Jumbo Loans
Loan amounts exceeding $766,550, flexible credit score requirements, and tailored solutions for luxury homes.
FHA Loans
Down payment as low as 3.5%, credit score requirements starting at 580, and mandatory mortgage insurance.
Explore Your Mortgage Options Today
Contact SD Mortgage Group LLC to discover the best mortgage solutions tailored to your needs. Our team of experts is here to help you understand eligibility criteria and guide you through the process with personalized assistance. Don’t wait—take the first step towards homeownership now!
Get in Touch with Us
For personalized assistance and inquiries about our mortgage programs, please contact SD Mortgage Group LLC. Fill out our contact form, call us at (302) 684-3932, or visit our office at 28861 Lewes Georgetown Highway, Lewes, DE 19958. We’re here to help you every step of the way.