Financing

Understanding Your Financing Options

Dave isn't a lender, but he's worked with buyers and local lenders across Northwest Ohio for over a decade. Here's a starting point on what's out there.

Talk to Dave About Financing (419) 799-0291

Common Financing Routes

General information to help you start the conversation with a lender — not a substitute for advice from a licensed loan officer.

Most Common

Conventional Financing

The standard mortgage route for most buyers — typically requires a down payment and works well for buyers with solid credit.

Down payments as low as 3-5% with many lenders
Fixed or adjustable rate options
Works for most home types

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USDA & Rural Development Loans

A strong option for eligible rural and small-town properties across much of Northwest Ohio — often with zero down payment required.

0% down payment for eligible properties
Competitive fixed rates
Great fit for many Williams, Defiance, Fulton & Henry county properties

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FHA Loans

A government-backed option that can help first-time buyers qualify with a lower down payment and more flexible credit requirements.

Down payments as low as 3.5%
More flexible credit requirements than conventional loans
Widely available through local lenders

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Veteran Owned

VA Loans

For eligible veterans, active-duty service members, and some surviving spouses — often the strongest financing option available.

0% down payment for eligible veterans
No private mortgage insurance (PMI) required
Dave is a veteran himself and has hands-on VA loan experience

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Dave Dempsey is a licensed Realtor and auctioneer, not a mortgage lender. Loan eligibility, terms, and approval are determined solely by your chosen lender.

Veteran to Veteran

Dave Is a Veteran, and He Helps a Lot of Veterans Buy and Sell

As a fellow veteran, Dave understands the VA loan process firsthand — not just the paperwork, but what it's like to use that benefit yourself. He works regularly with veteran and active-duty buyers across Northwest Ohio and can help you understand what a VA loan means for your offer, your timeline, and the property itself.

Talk to Dave About Your VA Benefit (419) 799-0291

What veteran buyers should know

VA loans typically require 0% down for eligible veterans and active-duty service members
No private mortgage insurance (PMI), which can mean a lower monthly payment than a conventional loan
The property has to meet VA minimum property requirements — Dave can help you think through what that means for a given home
Sellers sometimes have questions about VA offers — Dave can speak to that directly, on both sides of a deal

Getting Started

From first conversation to a confident offer.

Talk to Dave First

Tell Dave what you're looking for and your general budget. He'll help you think through timing and next steps.

Get Pre-Approved

Dave can point you toward local lenders he's worked with, or you can bring your own. Pre-approval helps you shop with confidence.

Make an Offer With Confidence

Once you know what you're approved for, Dave helps you find the right property and put together a strong offer.

Financing Questions

Still have questions? Call Dave at (419) 799-0291.

Does Dave offer financing directly?

No — Dave Dempsey is a Realtor and auctioneer, not a lender. He can point you toward local lenders he's worked with, but your financing agreement is always directly between you and your chosen lender.

What loan type is right for a rural or farm property?

It depends on the property and how it's used. USDA Rural Development loans work well for many eligible rural homes, while land and working farms often need a different type of loan than a standard home mortgage. Dave can help you think through which lenders to talk to.

How does financing work for an auction property?

Auction terms are set in advance and often move on a faster timeline than a traditional sale, so it's worth talking to a lender before auction day to understand what you'll need to close on time.

When should I get pre-approved?

Before you start seriously looking. A pre-approval lets you shop with a clear budget and makes your offer stronger when you find the right property.

Can Dave recommend a lender?

Yes — Dave has worked with local lenders across Northwest Ohio and is happy to make introductions. Call (419) 799-0291 to ask.

Does Dave have experience with VA loans?

Yes. Dave is a veteran himself and works regularly with veteran and active-duty buyers on VA financing — he can walk you through what a VA offer looks like from both the buyer's and seller's side.

Ready to Talk Numbers?

Tell Dave about your situation — he'll help you think through financing before you start looking.

Talk to Dave (419) 799-0291