Mortgage Loan Types
Home loans are defined as being either Conventional, Government, or Non QM.
Traditional
Prime
CONVENTIONAL
A conventional loan is a type of mortgage that is not insured or guaranteed by the government, typically requiring a higher credit score and down payment than government-backed loans.
Prime Non-QM
Just Missed Credit OK
NON-QM
A non-QM loan is a type of mortgage that does not meet the qualified mortgage guidelines set by the Consumer Financial Protection Bureau, often requiring alternative documentation and higher interest rates.
Popular Options
These are the most popular mortgage loan products available today.
Traditional
Prime
30 Year Fixed Rate
In today’s ever-changing financial landscape, the 30-year fixed mortgage remains a popular choice for homeowners seeking predictable payments and long-term stability. These loans are readily available in today’s market.
BENEFITS
-
680+ Fico
-
3% down payment
-
30yr, 15yr fixed
-
Full Doc
-
$726,000 – $1.396 mil
A Great Option
Prime
Adjustable Rate
Adjustable loans are a type of financing that can provide borrowers with financial flexibility. This can allow borrowers to take advantage of lower interest rates when they are available.
BENEFITS
-
680+ Fico
-
10% down payment
-
30yr, 15yr fixed
-
Full Doc
-
$726,000 – $1.396 mil
As Low as Zero Down
Military Veterans Only
VA Loans
If you’re a veteran, active-duty service member, or a surviving spouse, VA loans can be a valuable resource for purchasing or refinancing a home. We have several VA Combo Loans to offer our customers.
BENEFITS
-
620+ Fico
-
0% down payment
-
30yr, 20yr, 15yr fixed
-
Full Doc
-
$726,000 – $1.396 mil
As Low as Zero Down
Ok Credit is OK
FHA Loans
FHA loans are a popular choice for first-time homebuyers or those with limited funds for a down payment. Down payment is as low as 3.5%.
BENEFITS
-
600+ Fico
-
0% down payment
-
30yr, 20yr, 15yr fixed
-
Full Doc & 1099s ok
-
Loans to $3 Mil+
Big Loan Amounts
Prime Credit & Assets
Jumbo Prime
Jumbo and Super Jumbo loans are a type of mortgage designed to finance high-value properties that exceed the conforming loan limit set by Fannie Mae and Freddie Mac.
BENEFITS
-
700+ Fico
-
10% down payment
-
30yr, 15yr fixed
-
Full Doc w 12 Months Reserves
-
Loans to $3 Mil+
Traditional
Prime Credit & Assets
Investment & 2nd Homes
Investment and second homes can be a smart financial decision, but securing financing for these types of properties can be challenging.
BENEFITS
-
700+ Fico
-
10% down payment
-
30yr, 15yr fixed
-
Full Doc w 12 Months Reserves
-
Loans to $3 Mil+