You will offer a number of different loan options to meet your clients financial needs at the most competitive rates. Our mortgage program options include:

Conventional Mortgage

FHA Mortgage

USDA-RD Mortgage

VA Mortgage


State Housing Programs

Jumbo Mortgage

ARMs, Fixed Rate & Interest Only Mortgages

1st & 2nd Mortgages

2nd Homes & Investment Properties

Renovation Mortgages

Fixed Rate Mortgage

With a fixed rate mortgage the rate and terms are determined and agreed upon in advance. The mortgage has a fixed interest rate for the entire term of the loan. The benefit of a fixed-rate mortgage is that the homeowner will not have to contend with varying principal and interest amounts that fluctuate with interest rate movements.

Adjustable Rate Mortgage (ARM)

A type of mortgage in which the interest rate paid on the outstanding balance varies according to a specific benchmark. The initial interest rate is normally fixed for a period of time after which it is reset periodically. The interest rate paid by the borrower will be based on a benchmark plus an additional spread, called an ARM margin. An adjustable rate mortgage is also known as a “variable-rate mortgage.”

FHA Loans

Unlike most first-time home buyer programs, with FHA home loans you’ll enjoy down payment requirements that are traditionally lower than conventional financing. This product is ideal for customers who may have been credit challenged in the past and also offers a streamlined refinance option.

Veteran (VA) Loans

Federal programs provide active duty personnel, reservists and veterans with low closing costs and historically low rates. This program offers low/no down payment options as well as streamlined refinancing options.

Jumbo Mortgage

A jumbo mortgage is a loan amount above conventional conforming loan limits. Severn offers a special expertise in these loans because of our understanding of the process and the local market.

Construction Loans

Build your dream home with Severn. Our construction loans offer construction and permanent financing up to $3 million to construct a new home or significantly remodel an existing home – all with one application, approval, appraisal and closing. We also offer programs for property rehabs and renovations if you want to give a face lift to a property you already own.

Also specializing in portfolio loan products such as Bridge Loans, Blanket Loans and other portfolio programs.