Home Mortgage Loan Programs

Upstate Mortgage offers a variety of loan programs to meet your needs. We work with the leading lenders in the industry to provide:

FHA Loans for Purchase and Refinance
Conventional Loans for Purchase and Refinance
VA Loans for Purchase and Refinance
USDA Rural Housing Loans – For Purchase 
Down Payment Assistance Programs
HARP Refinance Loans
203K Loans – Purchase / Renovation Loans

FHA Loans for Purchase and Refinance

With a fully insured government FHA loan, even customers with some rough spots on their credit could qualify for a great interest rate. And customers with good credit can benefit from lower down payments and often better rates than conventional loans.

  • Low fixed monthly payments
  • Liberal credit score requirements (typically 620 but we do have options for scores as low as 580).
  • Purchase up to 96.5% Loan to Value with gift money down payment options.
  • Streamline FHA refinance with a NO closing cost option (640 min. credit score)
  • Cash out refinancing up to 85% Loan To Value with no rate adjustments for most programs

Conventional Loans for Purchase and Refinance

Apply now for a low cost conventional PURCHASE or REFI from Upstate Mortgage. We also have great options for low PMI if your loan to value is over 80% on a purchase or rate and term refinance as well as some of the best rates in town!

  • Cash out available up to 85% Loan to Value for consolidating high-interest credit cards and loans or for any reason you choose
  • Reduce your monthly payments and/or your remaining term – check out the great rates on our 15 year loans right now!
  • Great purchase options depending on the amount of down payment
  • Lower PMI than FHA if you have a 5% down payment or more as well as single premium MI for a lower monthly payment.
  • Loans available for 15, 20 and 30 year terms.

VA Loans for Purchase and Refinance

Calling all veterans! You served our country and now you can benefit from 100% financing on your home purchase. Even if you have used your benefits in the past, you may be able to still purchase a home with little to no money down.

  • 100% financing
  • No mortgage insurance
  • Streamline refinances with no appraisal and no cost!

USDA Rural Housing Loans – Currently for Purchases only

One of the few 100% financing loans still available. Get into your dream home with no money down!

  • Purchase a home at 100% financing
  • Must be in an approved USDA area – call us for details
  • Some income restrictions apply
  • 640 minimum credit score
  • Closing costs can be financed in if needed (in most cases).

Check to see if your property is eligible for USDA Rural Housing Loans.


Down Payment Assistance Programs

There are funds available through Greenville County’s down payment assistance programs for buyers of property located in Greenville County. Currently there is up to $5000 available to first time home buyers or those who have not owned a home within the past 3 years. Some income restrictions apply – call us for the details!


HARP Refinance Loans

HARP is the acronym for the Home Affordable Refinance Program. In an effort to help stabilize the housing market, the government developed the program to help homeowner’s who either did not have enough equity for a traditional refinance. Upstate Mortgage has open access to this program for both FannieMae and FreddieMac loans. If you bought or refinanced your home prior to June 1, 2009 you may be eligible for this low cost, NO MI, NO APPRAISAL program. Call us today to find out more!


203K Loans – Purchase / Renovation Loans

Have you found the perfect “fixer upper”?? Let an FHA 203K loan finance your dream home AND give you the cash for needed repairs. Many times you can get a great deal on a home that needs a little TLC. With this program, you can get the money financed into the loan for one easy payment. We do the Streamline AND the full 203K with structural repairs. Call us today for the details!


**Restrictions apply based on credit score, income, and other factors.