Loan Star Mortgage offers a wide variety of loan programs.  We strive to match our borrowers with the program that would best suit their needs. 

USDA
USDA offers 100% financing for home purchases in Bonner and Boundary Counties.

FHA
FHA is a government insured loan that allows for a downpayment of 3.5% on purchases.  This program is also available for higher loan to value refinances.

VA
For the qualified veteran, VA offers purchases up to 100% and various refinance options.

Fixed Rate
With a fixed rate mortgage, your principle and interest payment will remain the same for the term of the loan.  This program can be used in conjunction with any of the above programs for a purchase or a refinance loan.

Adjustable Rate Mortgage (ARM)
The Adjustable Rate Mortgage offers a lower interest rate to start with, so your monthly payments are generally lower.  After the initial “teaser” period, the rate then moves up and down with the market.  Some of the more common indices include U.S. Treasury Bills, Cost of Funds Index (COFI) and London Interbank Offered Rate (LIBOR).

Private Money Financing
If you are in need of a loan that does not fit into any of the general mortgages boxes, we do offer Private Money Financing.

Construction Loans
Construction financing is available, please contact a Loan Officer to go over the many options.