Financing
Know Your Loan Options
Your life stage and previous homeownership will impact your choice of mortgage type. From 15- and 30-year term options, to fixed or adjustable interest rates – there are numerous borrowing options* that may be appropriate.
Conventional
- Minimum down payment – 3.5%
- Maximum income – $48K-72K
- Minimum credit score – 575
Portfolio Loans
- Down payment – 10.01%
- No income restrictions
- Minimum credit score – 640
Federal Housing Authority (FHA)
- Minimum down payment – 3.5%
- Maximum loan amount – $294,515
- Minimum credit score – 600
Veterans Association (VA)
- Minimum down payment – 0% with VA eligibility
- Maximum loan amount – $453,100
- Minimum credit score – 600
US Department of Agriculture (USDA)
- Minimum down payment – 0% based on USDA location
- Maximum income limits apply
- Minimum credit score – N/A
Community Reinvestment Act (CRA)
- Minimum down payment – 3.5%
- Maximum loan amount – $453,100
- Minimum credit score – 620
Missouri Housing Development Commission (MHDC)
- Down payment – 4% grant may be applied to down payment
- Loan programs include Conventional/FHA/VA
- Minimum credit score – 620
*All loan examples presented on this site are presented for comparison purposes only. Rates, terms, or conditions do not represent offers or guarantees.
To begin, you’ll be pre-qualified for a loan, which determines your ballpark price range based on basic income, debt, and credit factors. Make sure you’re prepared financially – correct any credit score errors and collect two years’ worth of bank statements, tax documents, and investment information.
Once you have your pre-qualification, we’ll begin searching for your home. When we’ve found your perfect match, our team will guide you through the pre-approval process, eventually securing your home loan funding with one of our trusted mortgage lending partners or the institution of your choice.
Preferred Lenders

Rick Craine
VP Mortgage Lender
5419 S Campbell
Springfield, MO 65810
Cell: 417-824-8545 | Direct: 417-447-0266 | Fax: 417-877-0050
NMLS #: 269024 | Institution #: 409162

Jack Langley
Visit Website
Susan Theroff
Senior Mortgage Banker
Cell: 417.839.0662 | Fax: 417.708.0128
Email: stheroff@fbhl.com
NMLS: 543319 | Company NMLS: 224149
Josh Duda
Senior Mortgage Banker
4350 S National Suite A100
Springfield, MO 65810
Cell: (417) 860-9645 | Work: (417) 392-3852 | Fax: (417) 691-8105
Email: jduda@fbhl.com
NMLS ID: 158383 | Company NMLS: 224149