At Skyline Home Loans, we know not every home or property purchase falls into the conventional loan category.

Our experienced lenders have access to specialty loans* designed to assist all types of needs. Below is a summary of a variety of specialty loans for which you may qualify. To learn more, contact one of our loan officers who can provide more details.

USDA Loan

The United States Department of Agriculture offers a unique mortgage program for low-to-moderate income households seeking a primary residence in a rural setting whom are otherwise ineligible for a traditional loan. There is a maximum loan amount of $417,000 and no down payment required. It is available to first-time and repeat home buyers.

No Down Payment

Our Home Advantage loan assists those who do not have any funds for a down payment. IT is available for buyers with limited household income purchasing their first home or a repeat buyer. The second mortgage is interest free for 30 years. Attendance at a free homebuyer’s education seminar is required.

RuraLiving Home Mortgage

We understand the unique needs of those purchasing rural properties or hobby farms. This product offers a long-term (15 or 30 years), fixed rate with one note and mortgage for the entire acreage and home where a conventional loan may not apply. Properties can range from 5 to 160 acres with a maximum $2 Million loan amount.

Bank Statements for Self-Employed

If you are self-employed and don’t meet the traditional income requirements for a conventional loan, this option was designed for you. Using bank statements and W2s or other income, this program lowers down payment costs and FICO score requirements while increasing the loan amount. No tax records needed. First-time buyers are eligible.

Low-to-Moderate Income Assistance

Our Home Advantage loan also helps those with lower incomes qualify for a loan. No down payment is required and part of the mortgage is interest free. It is available for buyers with limited household income purchasing their first home or a repeat buyer. Attendance at a free homebuyer’s education seminar is required.

Multiple Investment Property Owners

Do you have multiple properties financed and looking to purchase another investment property? We offer financing for up to 10 properties or for a second home for those with a minimum 720 FICO score. Conforming loan limits and Jumbo Loans apply.

Down Payment Assistance

If you dream of owning a home but are struggling to come up with the down payment, our Homebuyers Assistance program may be right for you. The program features up to a 5% grant which can be used for the down payment and/or closing costs. The grant does not need to be paid back as long as there is no second mortgage or lien against the property. It is available with FHA, VA, or Conventional 1st Lien products for Purchase transactions and only available in some states.

*Certain and varying restrictions apply to specialty loans. Ask for more details.