Where does Prosperity Home Mortgage do business?
Prosperity Home Mortgage is a direct lender based in Chantilly, VA. The company was founded in 2014 and offers mortgages to borrowers in 12 states (and Washington, DC).
How much can you borrow via Prosperity Home Mortgage?
Prosperity Home Mortgage allows borrowers to apply for loan amounts of up to $2,000,000. Note that the maximum loan amount you can borrow will also vary depending on the type of mortgage you choose, regardless of the lender you choose.
What range of rates does Prosperity Home Mortgage offer?
Prosperity Home Mortgage offers home loans with APRs starting at 3.706% .
Does Prosperity Home Mortgage charge a mortgage origination fee?
Yes, Prosperity Home Mortgage may charge a loan origination fee.
What mortgage programs does Prosperity Home Mortgage offer?
Prosperity Home Mortgage offers the following mortgage types:
- Conventional mortgages: This includes any mortgage that is not insured or guaranteed by the federal government.
- FHA: Mortgages insured by the FHA, which usually have less stringent eligibility requirements, but borrowers must pay a mortgage insurance premium. Co-applicants are allowed and you can qualify for a down payment as low as 3%.
- USDA: A zero down payment mortgage loan with low rates for suburban and rural homebuyers.
- VA: A zero down payment mortgage or a refinance of up to 120% of the home's value for American military members, veterans, and their spouses.
What property usage types does Prosperity Home Mortgage allow?
Some mortgage lenders restrict the type of usage borrowers give mortgaged properties. Prosperity Home Mortgage allows the following property usage types:
- Primary home
Other Services by Prosperity Home Mortgage
- Washington, DC
- New Jersey
- North Carolina
- South Carolina
- West Virginia