Home Loan Options

First Time Home Loan

A first-time home loan is tailored for individuals purchasing their first home, typically offering lower interest rates and down payment requirements. Specific eligibility criteria may apply to this type of mortgage loan.

VA Loan

If you're a veteran, active military member, or military spouse, you may be eligible for a VA loan! These loans are offered by the Department of Veterans Affairs and can provide fast approval and a hassle-free process, even if your credit isn't perfect.

Conventional Loan

Conventional loans typically offer more flexibility compared to government-backed loans like FHA or VA loans, including options for loan amounts, down payment requirements, and credit score criteria.

Jumbo Home

Jumbo home loans, also referred to as jumbo mortgages, which are mortgage loans that exceed the conforming loan limits established by Fannie Mae and Freddie Mac. In 2021, the conforming loan limit stands at $548,250 for most regions of the United States, though it may be higher in certain high-cost areas

Adjustable Rate Mortgage

Adjustable Rate Mortgage (ARM) is a home loan where the interest rate fluctuates based on market conditions, typically starting with a lower initial rate that may increase over time. ARMs to take advantage of potential lower initial payments, but should be aware of the possibility of rates rising in the future.

Fixed Rate Loan

Fixed-rate loan is a type of mortgage where the interest rate remains constant throughout the entire term of the loan, providing borrowers with predictable monthly payments that do not change over time. Fixed-rate loans offer stability and peace of mind to borrowers, making them a popular choice for those seeking consistent payments over the life of their loan.

Teacher Loan

Teacher loan is a type of mortgage or financial assistance program specifically tailored for educators, offering special benefits such as lower interest rates, reduced down payment requirements, or other incentives to help teachers achieve homeownership.

DSCR Loan

A DSCR (Debt Service Coverage Ratio) loan is a type of mortgage that assesses a property's income potential to determine the borrower's eligibility and loan amount, making it ideal for investors with rental properties. It focuses on the property's ability to generate sufficient income to cover the mortgage payments rather than relying solely on the borrower's personal income.

2-1 Buydown

2-1 buydown is a type of mortgage where the borrower receives a temporary reduction in the interest rate for the first two years of the loan term, typically resulting in lower initial monthly payments. After the initial period, the interest rate typically increases to the original rate agreed upon for the remainder of the loan term.

FHA Loan

An FHA loan is a mortgage insured by the Federal Housing Administration, typically offering more lenient qualification requirements and lower down payment options for borrowers. These loans are popular among first-time homebuyers and those with less-than-perfect credit.