Frequently Asked Questions

No!! Our programs are available to any occupation, including self-employed and retired borrowers.   

Yes, all of our available assistance programs offer the minimum down payment needed to purchase a home.  

No! The program is available to qualified buyers who are a first-time home buyers or haven't owned property in the last 3 years.  We even have a program if you have owned a home in the last 3 years. (Active military and veterans are exempt from the 3 year requirement.)

Each assistance program has their own income limits and credit score limits. We even have programs with no income limits.  The minimum credit score requirements range from 600 up to 640.

If you are concerned about your credit score or income, contact us to address any of your concerns. 

With most of our programs the assistance will need to be paid back.  But, not until the house is sold or refinanced in the future.  We also have programs where the assistance is forgiven at the closing of your home. 

Click the "Get Started" button and let us find the best program to fit you needs.

The  whole loan process from initial pre-qualification, application, and the  processing of your loan is handled by  your Island Mortgage loan  advisor.  We will walk you through the process from start to finish!

Start the process today by filling out our information form: