Government Loan Programs

Americas Mortgage Link, Inc offers a variety of loan programs to meet your needs. We work with the leading lenders in the industry to provide:

FHA Loans

USDA Loans

VA Loans


FHA Loan

An FHA loan is a government program allowing you to purchase a home with as little as 3.5% down payment and allows the seller to pay up to 6% of your closing costs. Down payment assistance is allowed under the FHA program. FHA allows for a credit score as low as 580 with as little as 3.5% down payment and as low as a 550 credit score with 10% or more down payment. In some cases, we can work with building non-traditional credit with proof of your rental payments and alternative trade lines with no credit score.   

FHA 203K Streamline Loans allow for some improvements/repairs up to 35K to be completed by a licensed contractor after closing. The funds will be held in escrow until the work has been completed and would be released to the contractor in a draw at closing and the remainder upon verification of completed work after closing. Eligible repairs are listed below:

  • Repair/Replace roofs, gutters, down spouts
  • Repair/Replace/Upgrade heating and cooling systems
  • Repair/Replace/Upgrade plumbing and electrical systems
  • Repair/Replace carpet and flooring
  • Minimal remodeling of kitchens and bathrooms (No structural repairs)
  • Painting (Interior/exterior)
  • Window/door replacements
  • Lead paint stabilization / abatement
  • Accessibility improvements for persons with disabilities


FHA 203K Full Loans are available for homes that need any structural repairs and/or improvements. A 203K HUD consultant will be hired to coordinate the work with the contractor.

FHA HUD home loans with as little as $100 down payment required are possibly available on a home that is currently owned by HUD.

If refinancing your home, FHA allows up to 97.75% of your home’s value to pay-off existing mortgages and cover closing costs. Cash out for debt consolidation and home improvements is available up to 85% of your home’s value.


USDA Rural Development

USDA Rural Guaranteed Home Loans allow you to purchase your new home without a down payment providing 100% financing. Reasonable credit is required and does not always require reserves. It expands home ownership opportunities in rural areas. Plus, with no down payment option for qualified borrowers, it makes the financing process less expensive for you.

VA Loan

A VA loan is guaranteed by the U.S. Department of Veteran Affairs and is available to eligible veterans and active duty military for the purchase of a new home or to refinance their current home. In most cases, there is no down payment required in a purchase transaction and provides 100% financing. The VA charges a funding fee to issue the guarantee to a lender against default on a mortgage. This fee may be upfront by the buyer or the seller or it may be financed into the loan amount.

  • No down payment required in most cases
  • Credit scores as low as 550 
  • Closing costs may be paid by the seller up to 4% of purchase price
  • No monthly mortgage insurance
  • Mortgage can be taken over/or assumed by the buyer when the home is sold.
  • Refinance your current mortgage to lower your rate/payment and include the closing costs

Got a Question?

Do you have a question? We can help. Simply fill out the form below and we'll contact you with the answer, with no obligation to you. We guarantee your privacy.

Your Information
Your Question