Loan Products

Home loans provided by the Federal Housing Administration (FHA) may make it easier for you to buy a home. For an FHA loan a down payment of 3.5% is required. Borrowers who cannot afford a traditional down payment of 20% or are unable to receive approval for private mortgage insurance may consider an FHA loan. FHA loans are more flexible with debt to income requirements and also lower credit scores (with the borrower meeting some extra eligibility criteria).

An FHA loan is a mortgage loan that is insured by the Federal Housing Administration (FHA). Essentially, the federal government insures loans for FHA-approved lenders in order to reduce their risk of loss if a borrower defaults on their mortgage payments.

The FHA program was created in response to the rash of foreclosures and defaults that happened in 1930s; to provide mortgage lenders with adequate insurance; and to help stimulate the housing market by making loans accessible and affordable. We’ll help you clearly see differences between loan programs, allowing you to choose the right one for you whether you’re a first-time home buyer or a repeat buyer.

If you’re a military veteran or still in active service, you may qualify for a U.S. Department of Veterans Affairs (VA) loan. These often require no down payment and have lower closing costs, which can help keep your savings secure. A VA loan is a mortgage loan in the United States guaranteed by the U.S. Department of Veterans Affairs (VA). The loan may be issued by qualified lenders. The VA loan was designed to offer long-term financing to eligible American veterans or their surviving spouses (provided they do not remarry).

Non QM loan products are loans that do not fit the 'standard' loan programs- such as: Bank Statement, P&L loans, DSCR, Investment, HELOCs, Commercial, Stated Income and several more. We will help you assess which product best fits your needs!

A jumbo loan is a loan that exceeds the conforming loan limits as set by Fannie Mae and Freddie Mac. The national conforming loan limit for a single-family home in 2025 is $806,500, which is a 5.2% increase from 2024. However, the limit is higher in high-cost areas, where it can reach up to $1,209,750. 

Conforming loan limits are set by the Federal Housing Finance Agency (FHFA) each year to keep up with rising home prices. They determine the maximum amount that Fannie Mae and Freddie Mac will purchase or guarantee for a mortgage.

There are many benefits to jumbo loans. One of the biggest benefits is that financing options are available up to $3,000,000. This may provide convenience to many borrowers

There are many benefits of a USDA home loan. One of the biggest benefits is that no down payment is required.* Borrowers who qualify for a USDA home loan have the flexibility to pay nothing out of pocket for a down payment. USDA eligibility is based on several factors- location of the home, income limits for all future occupants of the home and certain safety standards the home has to meet. USDA loans are also more strict with debt to income requirements. 

An FHA 203K loan is a loan backed by the federal government and given to buyers who want to renovate a home. An FHA 203K loan allows the borrower to finance the home, plus provides financing to do the necessary renovations to the home.

A conventional loan is a type of mortgage that isn’t backed by a government agency, such as the Federal Housing Administration or the Department of Veterans Affairs. Conventional mortgages often meet the down payment and income requirements set by Fannie Mae and Freddie Mac and conform to the loan limits set by the Federal Housing Finance Administration (FHFA).

You'll generally need a credit score of at least 620 to qualify for a conventional loan, though a score that's above 740 will help you get the best rate. Depending on your financial status and the amount you're borrowing, you may be able to make a down payment that's as low as 3% with a conventional loan. Although be aware that a higher down payment may help get you a lower rate.