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 for purchase, refinance and renovation of single-family homes through fourplex properties for the owner and non-owner occupant, including 2nd mortgages.
First-time homebuyer loans
My Residence is available statewide for candidates or properties perhaps maybe not fulfilling the specific demands of other Alaska Housing loans.
This homebuyer that is first-time offers a decreased rate of interest to qualified borrowers minus the earnings limitations, purchase expense limitations or recapture provisions associated with the First Residence Limited loan.
First Residence limited
First Residence Limited provides lower interest levels to qualified first-time homebuyers. First-time homebuyers are borrowers who possess maybe maybe not owned a main residence in the final 3 years.
Veterans Mortgage Program
Qualified veterans may get financing at reduced interest levels. Veterans might not have been released from active responsibility solution significantly more than 25 years ahead of application date.
This loan can be acquired for many properties which is why funding is almost certainly not acquired through personal, state or mortgage that is federal.
This enables applicants to obtain brand new financing to increase the terms on the existing loan and/or finance renovations, set up home happens to be financed by Alaska Housing.
Funding for manufactured housing located in a mobile home park or on land ( maybe maybe not attached to a permanent foundation).
Rural loan that is non-Owner-Occupied
Financing to get or renovate housing that is rental little communities. Long-lasting financing can be readily available for read title max reviews at speedyloan.net owner-built, newly constructed rental housing.
Rural Owner-Occupied Loan
Funding to acquire or renovate owner-occupied housing in little communities. Long-lasting 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 property with the presumption of a preexisting Alaska Housing real estate loan.
2nd Mortgage loan for Energy Saving
Owner-occupants may finance as much as $30,000 of energy improvements, selecting from a listing of upgrades added to the power audit of the home.
Small Building Material Loan
Funding for the renovation or conclusion of domestic properties based in «small communities.» Properties can be owner-occupied or non-owner occupied.
Borrowers with a house presently financed by Alaska Housing may get financing that is new earnings, credit, or appraisal skills.