Conventional: Fewer qualifying guidelines set by Fannie Mae and Freddie Mac and multiple loan terms offered, you choose which term works best for you and your situation.
FHA: One of the most popular types of home loans, especially for first-time home buyers. Low down payment requirements, flexible loan terms, and overall the easiest way to qualify for a home loan.
HARP: If you have little or no equity, or owe more than your home is worth, HARP helps homeowners that have had difficulty refinancing due to a decline in their home’s value – even if you’ve been denied in the past.
VA: Exclusive to active-duty military service members, Veterans and their families - includes 0% down payment, no monthly mortgage insurance, and more. You served our country, we’d be honored to serve you.
HomeReady: This new program allows home buyers to purchase a home with a down payment as low as 3%. Its flexibility offers a wide range of borrowers to attain homeownership.
USDA: For home buyers who plan to live in a rural area - offers 0% down and 100% financing sponsored by the USDA to promote affordable homeownership in less-dense communities across the U.S.
Jumbo: For loans above the conforming limit in your area and up to $1.5 million. Get a low, secured rate for your big loan.
Reverse: Homeowners 62 years and older, borrow against the equity in your home. First pay off your existing mortgage (if you have one) and use the remaining proceeds however you like.
Not sure which mortgage loan option is right for you? Don’t worry we can help. Just call 1-800-875-7334 or simply fill out the form. We’ll answer your questions and let you know your options.