About Silverton Mortgage
Legacy Homes has partnered with Silverton Mortgage, an acknowledged industry leader within the mortgage community, to make the mortgage loan process easier for you so you can focus on what matters day to day. Silverton is guided by the strong belief that communication is key, which is why they take pride in helping you through the entire loan process, all the way from application to closing. Founded in 1998, Silverton Mortgage has grown from a one-person shop to a top residential mortgage lender with a focus on maintaining the entire loan process in-house. When you use Silverton Mortgage to finance your new Legacy Homes home, you may receive up to $3,500 from Legacy Homes toward your closing costs, making your transition to your new home that much smoother.*
Silverton Mortgage is dedicated to giving back to its communities, as illustrated by its motto: Success without sharing is failure. In 2012, Silverton Mortgage President & CEO Josh Moffitt founded The Silverton Foundation, which provides mortgage and rent assistance for families struggling with financial hardship due to their child’s serious illness. In honor of its new homeowners, Silverton Mortgage is proud to make quarterly donations to The Silverton Foundation.
*Silverton Mortgage closing cost credit is paid by Legacy Homes and is only available for borrowers financing the purchase of a new home from Legacy Homes with Silverton Mortgage. Closing cost credit will be limited to the amount of the actual closing costs, up to $3,500. Closing costs that exceed $3,500 are the responsibility of and must be paid by the buyer financing with Silverton Mortgage. Closing cost credit may not be available with all loan programs.
Our Team
Manik Chhabra
Vice President of Sales
NMLS ID: 590228Our Products
Conventional
A Conventional Purchase is a “traditional” mortgage with as little as 3% down payment, requiring no upfront mortgage insurance fees and cancellable monthly private mortgage insurance. Both Fixed Rate & Adjustable Rate Mortgage options are available.
FHA
If you’re a first-time homebuyer and your credit score isn’t great, an FHA loan may be a great option for you. FHA loans allow for as little as 3.5% down and have options available for buyers with credit scores as low as 600.
VA
Veterans and active duty military may qualify for 100% financing (0% down payment) with no monthly mortgage insurance through the VA loan program.
USDA
Designed for properties located in rural areas, the USDA loan program provides up to 100% financing (0% down).
Jumbo Loans
Sometimes bigger is better when it comes to your dream home. For those who require higher loan amounts, our Jumbo Loan can help you enjoy low payment options.
HomeReady® Mortgage
With as little as 3% down, reduced mortgage insurance, and no minimum contribution from the borrower, this option is perfect for first-time homebuyers who may have a relative helping with the down payment.
Specialty Programs
For those who don’t qualify for a “traditional” mortgage, there are flexible financing programs available.