We offer our members a wide range of home loans that are tailored to meet their individual needs. We want to make life long members so even if you are financing elsewhere we would like to help you review paperwork from other lenders to ensure you are making the best possible financial decisions.
 
Federal Housing Administration (FHA) Loans
Veterans Administration (VA) Loans
Reverse Mortgages
Fannie Mae HomeReady Program
Fixed Rate Loans
Adjustable Rate Loans
Interest Rate Float-Down Option
Fannie Mae DU Refi Plus
Freddie Mac Relief
Non-Warrantable Condominium Program
Blended Loan to avoid PMI
Lender Credits for Great Borrowers
Streamline Refinance Programs
Fixed Rate Home Equity
Home Equity Line of Credit
Jumbo Loans

Federal Housing Administration (FHA) Loans
A mortgage that is insured by the Federal Housing Administration. With FHA insurance, a homebuyer can purchase a home with a very low down payment (from 3.5 to 5 percent). FHA loans offer attractive rates and allow for flexible qualifying guidelines. AAA Mortgage Services offers both fixed and adjustable rate FHA mortgage loans. We also offer FHA streamline refinancing if your current mortgage was funded by FHA.

Veterans Administration (VA) Loans
The VA guarantee allows qualified veterans to buy a house with no down payment. Moreover, the qualification guidelines are more flexible than an FHA loan or conventional loan. AAA Mortgage Services offers veterans all the benefits of a VA mortgage loan.

Reverse Mortgages
Retirement planning just got easier. Looking for a way to ensure a more comfortable retirement? AAA Northeast Bank provides government insured reverse mortgage products that leverage and maximize the equity of your home. A reverse mortgage can help you stay in your home while providing additional financial freedom and peace of mind with tax- free income. What’s more, we’ll provide you with all of the details and a firm understanding of the process so you can proceed with confidence and finally relax and enjoy your golden years!

Fannie Mae HomeReady Program
If you are a first time Buyer and need help we are there for you. The Fannie Mae HomeReadyTM program includes borrowers with limited funds for down payment and closing costs, and those borrowers needing extra flexibility on credit, and income.

Fixed Rate Loans
A mortgage loan in which the interest rate does not change for the life of the loan. Homebuyers enjoy the comfort and security of a fixed rate and payment. AAA Mortgage Services offers fixed rate loans.

Adjustable Rate Loans
A mortgage that permits the lender to adjust its interest periodically on the basis of changes in a specified index. Generally ARM's may initially offer a lower interest rate than fixed-rate mortgages. Homebuyers, therefore, can enjoy the lower monthly payment and qualify for a larger loan. AAA Mortgage Services offers adjustable rate loans with initial terms of three (3), five (5), seven (7), and ten (10) years.

Interest Rate Float-Down Option
AAA Northeast bank offers a float-down renegotiation to assist customers in a falling rate environment. Even though you lock your loan at application you may be able to still take advantage of lower rates at the end of the process. Just ask your loan officer for more details on how you can take advantage of this opportunity at the time of application.

Fannie Mae DU Refi Plus
Fannie Mae DU Refi Plus™ II Mortgage offers borrowers, who are current on their Fannie Mae-owned mortgage, the ability to refinance to improve their financial situation, by reducing their interest rates, shortening their term, replacing an interest only, ARM or Balloon type mortgage loan or when home values have declined.

Freddie Mac Relief
Freddie Mac Relief Refinance Mortgage offers borrowers, who are current on their Freddie Mac-owned mortgage, the ability to refinance to improve their financial situation, by reducing their interest rates, shortening their term, replacing an interest only, ARM or Balloon type mortgage loan or when home values have declined.

Non-Warrantable Condominium Program
This program is designed for Condominiums that do not meet Fannie Mae or Freddie Mac Guidelines. It provides more flexibility and greater access to financing for challenging situations.

Blended Loan to avoid PMI
If you have a little over 10% to put down and want to avoid private mortgage insurance we have options for you. We have a Home Equity Line of Credit (HELOC) second mortgage product in conjunction with the our first mortgage products. The HELOC is subordinate to a first mortgage 80% LTV to a maximum CLTV of 89.99%. The total HELOC is drawn at time of the purchase closing.

Lender Credits for Great Borrowers
Ask your loan officer if you qualify for lender credits to offset closing costs. Often our AAA members are a great credit risk and we can find incentives to help offset some of the traditional closing costs using their good credit standing.

Streamline Refinance Programs
If you are looking for lower closing costs and a quicker process ask our loan officers about a streamline refinance program. Often closing costs are reduced or eliminated enhancing the savings to you.

Fixed Rate Home Equity
Want and equity loan but don't want an adjustable rate. We have the loan for you. It is a fixed rate home equity loan to help pay for just about anything from a new car, boat, or much needed dream vacation.

Home Equity Line of Credit
Need a home equity loan with the flexibility to draw from it in the future? Help pay for college or home improvements using a home equity line of credit. Ask our loan officers for details today.

Jumbo Loans
If you need financing that is above the traditional government backed loans we have great options for Jumbo Loans with as little as 10% down.


Other terms, such as 20 and 10 years, are also available. Other rates available, depending on points paid. Interest rates and APRs shown are based on a single family home purchase $200,000 loan amount with a FICO score, 20% downpayment, except for the Jumbo loan which is based on $425,000. * All loans offered through AAA Northeast Bank. AAA Northeast Bank is a MORTGAGE BROKER ONLY, NOT A MORTGAGE LENDER OR MORTGAGE CORRESPONDENT LENDER. Some restrictions apply. Rates and terms subject to change without notice. All loans are subject to credit approval, appraisal and satisfactory title examination where applicable. Consult your tax advisor regarding the tax deductibility of interest. Other rates and terms available. (1) Actual rate will be determined by individual credit worthiness. Rates may not be available in all areas. NMLS #179871

Unless otherwise indicated, these APR calculations are based on the following: Conforming loans (whose maximum loan amount is below $424,100 for the contiguous states, District of Columbia, and Puerto Rico or below $636,150 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $200,000 with closing costs of $2,800. Jumbo Loans (whose maximum loan amount exceed $424,100 for the contiguous states, District of Columbia, and Puerto Rico or exceed $636,150 for Alaska, Guam, Hawaii and the Virgin Islands) are calculated based on a loan amount of $424,200 with closing costs of $3,143. Your actual APR may be different depending upon these factors.