(302) 703-0727

(302) 703-0727

DSHA FHA 203k Loan Program: Renovate Your Home with 5% Down Payment Assistance

John Thomas July 19, 2025 Tags: , ,
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Are you buying a home in Delaware that needs repairs or updates but short cash to close? The DSHA FHA 203k Limited Loan Program is a powerful mortgage option that allows you to finance both the purchase and renovation of a primary residence—with help from the Delaware State Housing Authority’s (DSHA) 5% down payment and closing cost assistance to make your home purchase more affordable.

This is a top option for first-time homebuyers in Delaware looking to purchase and renovate with one streamlined loan and get a 5% DPA Program. Find out if you qualify today by calling the John Thomas Team at 302-703-0727 or APPLY ONLINE. Keep Reading...

Ground Up Construction Loans for Builders & Investors

John Thomas July 19, 2025 Tags: , , , , , ,
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Flexible Financing for Experienced Builders & Real Estate Investors

Ground Up Construction Loans for experienced home builders. We provide funding to get your next building project off the ground. Whether you’re building to sell or creating a long-term rental portfolio, this flexible construction loan program is designed to help experienced builders and investors break ground faster and smarter.

This isn’t your average construction loan. With fast approvals, interest-only payments, and options for SPEC and build-to-rent projects, it’s tailored to support professionals ready to scale. If you’re planning to build a new home or investment property from the ground up, traditional financing often falls short. That’s where the Ground Up Construction Loan Program from the John Thomas Team comes in. Looking to get started ASAP? Call us at 302-703-0727 or APPLY ONLINE. Keep Reading...

Asset Qualifier Loan Program

John Thomas February 18, 2025 Tags: , ,
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Do you have assets but are unable to provide sufficient income to qualify for a mortgage loan? Our Asset Qualifier Loan program also know as Asset Depletion Loan or Asset Utilization Loan, allows borrowers to use their liquid assets to be used as income to qualify for a mortgage loan. This program does NOT require employment or income to justify your ability to repay. We qualify based on required assets that meet the seasoning requirements. This is a great program for retirees, undeserved self employed, divorced borrowers with no income, and other borrowers with large assets but no income. You can get started today by calling the John Thomas Team at 302-703-0727 or APPLY ONLINE. Keep Reading...

FHA Loan Limits 2025

John Thomas December 1, 2024 Tags: ,
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The Federal Housing Agency (FHA) released its FHA Loan Limits 2025 on November 26, 2024. The FHA Loan Limits have increased and will be available for FHA borrowers for purchase or refinance with FHA case numbers assigned on or after January 1, 2025. The increase in loan limits will increase the purchasing power for home buyers as well as allow homeowners to tap into more of their existing equity on a FHA Cash Out Refinance. If you want to apply for a FHA loan or have questions, give the John Thomas Team a call at 302-703-0727 or APPLY ONLINE. Keep Reading...

Conventional Loan Limits 2025

John Thomas December 1, 2024 Tags: ,
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Conventional Loan Limits have increased for 2025 from $766,550 for a 1 Unit Property up to $806,500. This new maximum baseline conforming loan limit is effective January 1, 2025. Conventional Loans are backed by Fannie Mae and Freddie Mac. The announcement was made November 26, 2024 by the Federal Housing Finance Agency (FHFA). Primary Residential Mortgage is taking applications as of 11/26/2024 at the new higher loan limits on conventional loans and not waiting until January 1, 2025. If you would like to apply for a Conventional Loan, give the John Thomas Team a call at 302-703-0727 or APPLY ONLINE. Keep Reading...

Student Loan Cash Out Refinance

John Thomas September 3, 2024 Tags: ,
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Student Loan Cash Out Refinance, Let your home pay off your student loans. The money you need to graduate from the student debt is right inside of your front door with better rates than a traditional cash-out refinance! You may already know that refinancing your home loan can help net you a lower mortgage interest rate, but what you may not know is it can also get you cash to pay off the balance of your student loans. PRMI’s Student Loan Cash Out Refinance can put an end to your student loan payments and get you better terms for your mortgage payments, all in one easy transaction. Get started today by calling the John Thomas Team at 302-703-0727 or APPLY ONLINE. Keep Reading...

PRMI Home Sense Buy Before Your Sell Program

John Thomas August 27, 2024 Tags: , ,
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PRMI Home Sense Buy Before Your Sell Program allows home buyers that have a home to sell to purchase BEFORE they sell their current home WITHOUT having to qualify to carry both mortgages. Home Sense allows you to buy before you sell with greater certainty, competitiveness, and convenience throughout the home buying and selling journey. The program has two parts; a Guaranteed Offer to purchase your current home and a Bridge Loan to access your equity to purchase your new home. Get the convenience to move on your schedule, streamlining the transition between homes without slowing you down. Get started today by calling the John Thomas Team at 302-703-0727 or APPLY ONLINE. Keep Reading...

DSHA First State Home Loan DPA Program

John Thomas August 18, 2024 Tags: ,
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DSHA First State Home Loan Down Payment Assistance Program was formerly known as the Preferred Plus DPA Program. The First State Home Loan is a second mortgage loan to help Delaware home buyers with down payment and closing costs. The program is a 0% interest loan and requires no payments for 3% of the mortgage loan amount. The program can only be used in combination with a DSHA Welcome Home Mortgage Loan or a DSHA Home Again Mortgage Loan. Get Started by calling the John Thomas Team at 302-703-0727 or APPLY ONLINE. Keep Reading...