Loan Program Options
Conventional Mortgage Loan
Often great for people with solid credit scores! This is the most common mortgage loan and can help borrowers avoid unnecessary fees.
- Down payment as low as 3% (mortgage Insurance premium payments will likely be required for down payments of less than 20%)
- Credit score as low as 620
Federal Housing Administration (FHA) Mortgage Loan
Can be a helpful option for people in need of more flexible credit score requirements. This mortgage loan option is insured by the Federal Housing Administration and designed to make homeownership more attainable for more people.
- Down payment as low as 3.5%
- Credit score as low as 580
- Mortgage insurance premium payments required
VA Mortgage Loan
Qualifying Veterans and their spouses have earned some helpful homeownership benefits. To all of you, we thank you for your service.
- No down payment required
- Credit score as low as 580
- No mortgage insurance
USDA Mortgage Loan
For lovers of rural living and small suburban communities. The USDA Mortgage Loan is backed by the United States Department of Agriculture. People looking to settle down in an approved area might qualify for some home-grown benefits.
- No down payment required
- No credit score requirements
- No mortgage insurance
Jumbo Mortgage Loan
Need a bigger home loan? This could be the one for you. Jumbo mortgage loans allow qualifying homebuyers and refinancers to borrow more than allowed by the loan limits set on other loan types.
- Credit score as low as 660
- Might require higher down payment than other mortgage loans
