Fannie Mae / Freddie Mac Loans
Fannie Mae and Freddie Mac Loans are referred to as conventional loans. These types of conventional loans are not insured by the government and thus the lending guidelines are much more stringent.
Typically, these loans have better rates, better terms, and lower rates and fees.
FHA – Government Loans
An FHA loan has less-restrictive qualifications which can make it a good choice if you’re worried about coming up with a down payment and/or have a lower credit score.
An FHA loan is a mortgage insured by the Federal Housing Administration. Allowing down payments as low as 3.5% with a 580 FICO, FHA loans are helpful for buyers with limited savings or lower credit scores.
VA Home Loans
If you are ready to buy a home, CalVet Home Loans is here to meet our veterans’ home financing needs. CalVet Home Loan products have no down payment requirements.
A VA loan is a mortgage loan guaranteed by the U.S. Department of Veteran Affairs (VA) that is available to most US service members. It offers some very great benefits to those that have served our country.
FHA / VA – Government Loans
An FHA loan is a mortgage insured by the Federal Housing Administration. Allowing down payments as low as 3.5% with a 580 FICO, FHA loans are helpful for buyers with limited savings or lower credit scores.
Jumbo / Super Jumbo Loans
A home loan amount that is higher than the conforming loan limit($484,350 in most US counties and as high as $726,525 in some high-cost areas), is generally considered a Jumbo Loan. If the loan amount exceeds $1,000,000, it is a Super Jumbo Loan.
Jumbo Self-Employed Loans
Self-Employed Mortgage Loans are Non-Conforming loans that offer enhanced mortgage solutions and higher limits for loan amounts above the conforming loan limit of $548,250 for most U.S. counties.
100% / Zero Down Financing
100% mortgage financing is still available in California and other states. Find out how you can qualify for Zero Down mortgage financing using an FHA, VA, or conventional loan. Learn more today!
Down Payment Assistance
We have access to the top 100% mortgage financing programs in the country. We can help you structure a Zero down financing package using FHA, VA, and conventional loan options.