Alaska Housing provides many different home loans. To discover in the event that you be eligible for an Alaska Housing loan, contact an authorized lender.
To find out more, go for you to get Started, a homebuyer’s list.
Loans for sale, refinance and renovation of single-family houses through fourplex properties when it comes to owner and non-owner occupant, including mortgages that are second.
First-time homebuyer loans
My Residence is available statewide for candidates or properties perhaps maybe not fulfilling the particular demands of other Alaska Housing loans.
This homebuyer titlemax that is first-time provides a diminished interest to qualified borrowers without the earnings limitations, purchase cost limitations or recapture conditions of this First Home Limited loan.
First Residence limited
First Home Limited provides lower interest levels to eligible homebuyers that are first-time. First-time homebuyers are borrowers who possess perhaps not owned a main residence in the very last 3 years.
Veterans Mortgage Program
Qualified veterans may obtain funding at lower rates of interest. Veterans might not have been released from active responsibility solution significantly more than 25 years just before application date.
This loan can be obtained for several properties which is why funding may not be obtained through personal, state or federal home loans.
This enables applicants to have new funding to improve the terms on the current loan and/or finance renovations, set up property is financed by Alaska Housing.
Financing for manufactured housing located in a mobile house park or on land ( perhaps maybe not mounted on a permanent foundation).
Rural Non-Owner-Occupied Loan
Financing to purchase or renovate housing that is rental tiny communities. Long-lasting funding can also be readily available for owner-built, newly built leasing housing.
Rural Owner-Occupied Loan
Funding to get or renovate owner-occupied housing in little communities. Long-lasting funding can also be readily available for the owner-built, newly built house.
The Second Mortgage loan provides financing to renovate current domiciles or even to purchase a property with the presumption of a preexisting Alaska Housing home mortgage.
Second Mortgage loan for Energy Saving
Owner-occupants may fund as much as $30,000 of energy improvements, selecting from a listing of improvements added to the vitality review of the house.
Small Building Material Loan
Funding for the renovation or conclusion of residential properties positioned in “small communities.” Properties could be owner-occupied or non-owner occupied.
Borrowers with a residential property presently financed by Alaska Housing may get financing that is new earnings, credit, or assessment skills.