Buy a home with specialized mortgage programs. Contact Santander Bank to learn more.

Mortgage Programs: FHA Loans, VA Loans, HARP Loans

If you meet certain requirements, you may be able to buy or refinance your home with an accessible mortgage offered by one of several government programs. Contact one of our Mortgage Specialists, who can let you know if one of these mortgage programs may be right for you.

Mortgage Program Overviews

  • Federal Housing Administration (FHA) Loans: This government-insured loan program offers lower down payment options versus a conventional mortgage.

  • Department of Veterans Affairs (VA) Loans: Financing options specifically for qualified veterans, reservists, or active duty personnel.

  • Home Affordable Refinance Program (HARP) Loans: Eligible homeowners can refinance at a lower mortgage rate, even if they owe more than the home is worth. HARP Loans have beenextended by the Federal Housing Finance Agency through September 2017.

FHA Loan Features


With down payment options as low 3.5%, you'll need less cash up front for your down payment and closing costs with an FHA loan.


FHA loans are available for all income levels and may allow you to use a gift or grant for all or a portion of your down payment or closing costs.


Use an FHA loan to purchase or refinance your home, and choose from a variety of fixed rate and adjustable rate loan options.

VA Loan Features


VA loans are available in a wide range of rate, term and cost options and can be used to purchase or refinance your home.


VA loans are for qualified veterans, reservists or active duty personnel.


You won't pay for monthly mortgage insurance and may have minimal out-of-pocket closing expenses with a VA loan.

HARP Loan Features


HARP loans can only be used to refinance an existing mortgage.


Extended by the Federal Housing Finance Agency through September 2017, HARP loans let eligible homeowners refinance with less paperwork than a traditional mortgage.


Even if your home has declined in value, HARP loans can help lower your payments or allow you to refinance into a fixed rate mortgage. An estimated 300,000 U.S. homeowners are eligible.

Useful Links and Documents

Loan Calculators

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1All loans subject to approval
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