New Home Purchase

Purchasing a home is one of the most important decisions you will every make. Financing your home is just as important as picking out the right house. At SkyBlue Residential, we work around the traditional barriers to home ownership – bad credit, self-employment, lack of a down payment – to provide a variety of options.

How Much House You Can Afford?

The first step to homeownership is understanding how much home you can comfortably afford. When you know what you can afford, you can focus on looking for homes that are right for you - and within your budget. Use our mortgage calculator to get an idea of what you can afford and how much income you need to qualify.

New Home Purchase Customer Retention Program

As you take that big step to purchasing a new home, SkyBlue Residential will be there with you every step of the way, making you a “Fan for Life”. We are committed to assisting you through this exciting journey by laying out the process and making sure that each step is planned to make the transition as smooth as possible. Through our Relocation Assistance Program (“RAP”), we’ll help you find a real estate agent in your area via our vast network of real estate professionals.

Choosing the Right Type of Financing

We offer a variety of financing options for home buyers who may not be in a position to take out a traditional fixed rate mortgage loan, including:

100% Loan to Value (LTV) Mortgage
A great option for home buyers who do not have a down payment, a 100% LTV mortgage allows you to borrow up to 100% of the amount you need to buy your home.

Interest Only Mortgage
Just what the name implies, an interest only mortgage is one where payment is made only on the interest, which can result in lower loan payments.

Option Adjustable Rate Mortgage
With an Option Adjustable Rage Mortgage, you choose the payment amount that best suits your monthly financial situation.

Piggyback Mortgage (80/20 Combination Loan)
A piggyback mortgage is two loans. The first mortgage usually covers 80% of the value of the property, then the second loan covers some or the remaining 20%. This is another option for homebuyers who do not have a down payment and is also a way to avoid paying private mortgage insurance.

Fast, Hassle-free Lending Solutions

Whatever your particular situation, we’ll work with you to meet your mortgage needs. Start the process today by giving us a call at 1.866.733.7305. An expert loan consultant will be there to answer your questions in person from 9 a.m. to 7 p.m. (EST) Monday-Friday.