VA Loans

VA loans are mortgages backed by the Department of Veterans Affairs, exclusively available to eligible veterans, active-duty service members, and their spouses. They offer favorable terms, including no down payment requirement and competitive interest rates, making homeownership more accessible to military personnel and their families

USDA Loans

USDA loans are mortgages guaranteed by the U.S. Department of Agriculture, designed to promote homeownership in rural and suburban areas. They offer low to no down payment options and favorable terms for moderate-income borrowers, making them an attractive option for those seeking affordable housing outside urban areas.

Jumbo Loans

Jumbo loans are mortgages that exceed conventional loan limits, typically used for high-priced properties. They offer financing beyond standard thresholds, accommodating borrowers seeking larger loan amounts. Jumbo loans often require higher credit scores, lower debt-to-income ratios, and larger down payments, tailored for affluent homebuyers.

Home Possible and Home Ready Loans

Home Possible and Home Ready loans are affordable mortgage programs offered by Fannie Mae and Freddie Mac. They feature low down payment options and flexible eligibility criteria, making homeownership more accessible for low to moderate-income borrowers. These programs aim to support sustainable homeownership and community development initiatives.

Purchase Loans

Purchase loans are mortgages used to buy a home or property. They provide funds upfront for the purchase, with various options such as conventional, FHA, VA, or USDA loans. Lenders evaluate creditworthiness and financial history to determine eligibility and offer terms tailored to the borrower's needs.

Refinances

Refinances involve replacing an existing mortgage with a new one, often to obtain better terms, lower interest rates, or access equity. Options include rate-and-term refinances, cash-out refinances, and streamline refinances for FHA and VA loans. Borrowers undergo credit and financial assessments to qualify for refinancing options suited to their goals.

Down Payment Assistance Programs

Down payment assistance programs provide financial support to help homebuyers cover the upfront costs of purchasing a home. These programs offer grants, loans, or other forms of aid to assist with down payment and closing costs, making homeownership more attainable for individuals with limited savings or resources.