A Conventional Mortgage is the most popular product in the industry. It’s considered conventional when the loan meets the eligibility requirements set by Fannie Mae or Freddie Mac. Generally speaking, they’re the best solution for borrowers with strong credit scores.

There are a wide variety of specialized mortgage programs designed for First-Time Homebuyers. They often contain incentives such as lower interest rates, lower down payment requirements and down payment assistance.

Veterans Affairs Loans are designed for veterans, qualified service members, and their spouses. They offer the ability to put no money down on a purchase or refinance up to 100% of your home’s value.

An FHA mortgage is a home loan insured by the Federal Housing Administration. It contains less strict credit requirements than a Conventional mortgage but requires higher amounts of mortgage insurance.

USDA Loans can only be used to purchase properties in qualifying rural areas. Those who qualify for a USDA loan may find affordability benefits compared to other loan options.

A Jumbo loan is any mortgage loan above the conforming limit set by Fannie Mae and Freddie Mac. For 2023, the maximum conventional conforming loan limit for a single-family home is $647,200 however certain high-cost areas may have higher limits.

Investment property mortgages represent a unique and often complex aspect of real estate financing, requiring a strategic approach and careful consideration of various factors.

One-Time Close Construction (AKA Construction-To-Permanent) loans finance the costs associated with the purchase of land/construction of your home and then convert into a standard fixed rate mortgage upon completion. Two-Close Constructions loans require two separate Closings.

Depending on your income, credit score and the location of the property, you may qualify for one of the many down payment assistance programs. They’re typically offered through specific lenders but some state and local programs may also be available.

A Reverse Mortgage is a loan that enables homeowners that are 62 years of age or older to use part of their homes’ equity to obtain cash proceeds. Nearly all Reverse Mortgage loans on the market today are FHA insured Home Equity Conversion Mortgages (HECMs).