Educator Loans is the preferred lender network for teachers looking for the best home loan programs available to them. Our team of loan professionals can help you find the best loan terms and mortgage interest rates for either a purchase or refinance. Many teachers qualify for low down payment options including excellent choices for first time home buyers. Teachers who wish to lower their monthly payments, change loan terms, or take cash out of their home’s equity will be pleased to learn about the great programs our lenders offer.
Teachers may apply for a wide range of home loans, including conventional, FHA, USDA (for rural/agricultural properties), and other unique loan products. FHA loans for teachers include an option that only requires a 3.5% down payment, as well as the HUD teacher next door program which only requires a down payment of $100 and 50% discounts on home purchase prices.
At this time, our lender network covers the following states: Alabama, Alaska, Arizona, Colorado, California, Delaware, Hawaii, Georgia, Idaho, Iowa, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, New Hampshire, New Jersey, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Texas, Utah, Virginia, Washington State, and Wisconsin.