Renasant offers a range of affordable mortgage products designed to help you find your way home. Whether you're a first time homebuyer or a next time homebuyer, our team of experts has the tools to guide you every step of the way. Renasant offers down payment assistance options for multiple loan products. Find out how you can bundle down payment assistance options with one of our affordable mortgage products.
Community Homebuyer*
- Zero Down Payment: 100% financing on primary residences
- No Mortgage Insurance: Monthly private mortgage insurance (PMI) premium is not required, reducing your monthly cost
VA Loan
- Zero Down Payment: Eligible service members and veterans can purchase a home with 100% financing
- No Mortgage Insurance: VA Loans don't require PMI
HomeReady Loan
- Low Down Payment: HomeReady loans offer low down payment options
- Income Sources: HomeReady considers various income sources, such as rental income and non-borrower household members, to help you qualify.
- Reduced Mortgage Insurance: Lower mortgage insurance premiums further reduce monthly payment.
Renovation and Repair
- Flexible Credit Requirements: With the Renasant Renovation and Repair loan, you can fulfill the potential of any property by financing renovations at mortgage-like interest rates with flexible credit requirements
FHA Loan
- Low Down Payment: Down payments as low as 3.5%
- Flexible Qualification: FHA loans are more lenient in credit requirements, making them accessible to a broader range of borrowers
USDA Loan
- Rural Development: If you're looking to buy a home in a qualifying rural area, a USDA loan offers up to 100% financing
- Flexible Guidelines: USDA loans have flexible credit and income requirements, making them accessible to a wide range of homebuyers
Home Possible Loan
- Down Payment Flexibility: Home Possible loans offer down payments as low as 3%
- Expanded Eligibility: Flexible income limits and property location options allow more borrowers to qualify
- Education: Access to homeownership education can help you make informed decisions throughout the homebuying process
Disclosures
All loans or offers of credit are subject to credit or underwriting approval. Other fees, conditions, and restrictions may apply. This is not a commitment to lend.
*Geographic restrictions may apply.