The Mortgage Market of Delaware

Conventional: 5% down, no PMI with 20% down



USDA:  No Money down, PMI paid upfront, geographical restrictions and income limits apply

Kent & Sussex Counties: $79,200 for 1-4 person household
                                               $104,550 for 5-8- person household

New Castle County:          $95,650 for 1-4 person household
                                              $126,250 for 5-8 person household


FHA:  3.5% down, PMI for the life of loan, less restrictive guidelines

Veterans Affairs:  No money down, no PMI

Manufactured Housing:  cannot be older than 1979, must be Class C


HARP Refinances:

Reverse Mortgages:

Commercial Real Estate:

Niche Programs for Unique Financing:

Low Score/No Score: