Conventional Mortgage Home Loan Programs

Conventional loan programs offer borrowers mortgage financing for all types of loan request.

These programs are ideal for purchasing a home or refinancing an existing property to lower monthly payments, lower interest rates or access the equity in home with a cash out conventional loan refinance.

In addition, conventional loans also include home improvement loans to make improvements to any home you are purchasing or refinancing. 

Conventional Loans, also known as conforming loans, adhere to the underwriting guidelines authored by Fannie Mae and Freddie Mac government sponsored enterprises. Most mortgage lenders and banks follow these underwriting guidelines to ensure that the loans are marketable and can be sold to other investors.

Types of Conventional Loan Programs:

• Purchase Home Loans

• Rate and Term

• Cash Out Refinance

• Home Improvement

• Debt Consolidation Refinance

FHA Mortgage Home Loan Programs

FHA loan programs offer borrowers mortgage financing with relaxed underwriting guidelines and requirements. Applicants that have small down payments, lower credit scores or recent major credit events are primary candidates for FHA Home Loan Programs. 

These programs are ideal for purchasing a home or refinancing an existing property to lower monthly payments, interest rates or access the equity in home with a cash-out mortgage refinance.

FHA loans offer home improvement loans, known as FHA 203K, that allow homebuyers and existing homeowners to finance the cost of improvements to any home for both purchasing or refinancing a home.

Types of FHA Loan Programs:

• Purchase Home Loans

• FHA Streamline Refinance

• Rate and Term Refinance

• Cash Out Refinance

• Debt Consolidation Refinance

• FHA 203K Home Improvement Loan

VA Mortgage Home Loans Programs

If you are active or a retired veteran and have a credit score of 580 or better. VA Mortgage Loans offer some of the lowest interest rates available coupled with the highest loan to value, meaning you can finance up to 100% of the value of the home or sales price.

Types of VA Loan Programs:

• Purchase Home Loans 100% Financing

• Rate and Term Refinance

• Cash Out Refinance 100% Financing

• Debt Consolidation 100% Financing

• Home Improvement Loans

USDA Mortgage Home Loan Programs

SDA loans were created by the United States Department of Agriculture, to promote homeownership in areas designated as rural in the United States. These USDA rural housing loan programs provide residence of eligible rural areas the ability to qualify for a USDA Guaranteed Loans.

If a residential property is located within an area designated by the U.S. Department of Agriculture, and the applicant's income does not exceed 115% of the median income for that area, applicants can qualify for 100% financing to purchase a home.

Types of USDA Loan Programs:

• Purchase Home Loans 100% Financing

• Rate and Term Refinance

• Streamline Refinance 

• USDA Home Improvement Loan

Jumbo Mortgage Home Loan Programs

Jumbo Mortgage Home Loans are for properties where the necessary mortgage loan amount is greater than then the maximum loan amount set by Federal Housing Administration, Veterans Affairs and Fannie Mae & Freddie Mac.

Jumbo Mortgage Loans have slightly higher interest rates due to the lack of additional mortgage insurance that most mortgage loans have.

Types of Jumbo Loan Programs:

• Purchase Home Loans 90% Financing 

• Rate and Term Refinance

• Cash Out Refinance