Government Mortgages...


ALG Mortgage Provides FHA & VA Mortgages
The United States Government offers mortgages for those who qualify for them. These types of mortgages are a little different than your average every-day mortgage. Read below for some information. Otherwise, please contact us for more information: 888-755-2005.

The following government mortgages are offered:

• VA Purchase
• VA Streamline Refinance (only current VA mortgage holders qualify)
• FHA Purchase
• FHA Streamline Refinance (only current FHA mortgage holders qualify)

VA and FHA Streamline Refinances don't allow certain things to be done, compared to a typical non-governement loan, which is what makes it a "streamline" process. Some of these things pertain to limiting cash out, or restricted types of mortagages. But the ease of getting a streamline refinance is usually well worth the limitations. Certain restrictions apply to applicants seeking both VA & FHA mortgages, so drop us a line and find out if you can qualify.

VA & FHA Purchase programs are also restricted to certain buyers. ALG Mortgage will work with applicants to guide them through the government's process for qualifying, while taking care of most of the paperwork directly for you. The VA and FHA basically have their own set of guidelines that need to be followed and fulfilled, but ALG Mortgage is approved to secure such mortgages, and has years of experience. You can feel secure in knowing you and your needs are being watched after.