Loan Programs

Choosing The Right Loan

We’re here to help you get the loan that best suits your needs. It’s also important for you to know how each loan works, the advantages and disadvantages of each one, and the reasons why you fit into one better than the other. This way there are no surprises, and you will be given the ability to better your circumstances to fit into the right product for you.

Conventional

The most common loan type
  • Primary residences, second homes, and investment properties
  • 10, 15, 20, and 30 year terms
  • High balance loan amounts available
  • Credit score of 620 or higher

FHA

Easier Qualification
  • Direct servicer for Federal Housing Administration
  • 3.5% down payment
  • 6% of closing costs can be paid for by the seller
  • Down payment assistance available

USDA

Help with home ownership in rural areas
  • 0% down payment options available
  • 6% of closing costs can be paid for by the seller
  • 100% of closing costs can be paid by gift funds from a relative or significant other
  • Credit score of 620 or higher

VA

Financing for eligible American Veterans or their surviving spouses
  • Direct servicer for VA
  • No down payment required
  • No monthly private mortgage insurance
  • Loans up to 1 million dollars

Jumbo

Loans between $417,000 and $3,000,000
  • as little as 10% down
  • for primary, secondary, and investment property
  • Purchase and refinance