Loan Programs

FHA Loan

FHA home loans are mortgages which are insured by the Federal Housing Administration (FHA), allowing borrowers to get low mortgage rates with a minimal down payment.

Conventional Loan

Conventional loans have to meet certain baseline requirements set by Fannie Mae and Freddie Mac and can be harder to qualify for than a government-backed loan.

USDA Loan

If you’re looking to buy a home in a rural or suburban area with no down payment and minimal investment, you might consider the USDA Rural Development Loan.

VA Loan

The main purpose of the VA home loan program is to help veterans finance the purchase of homes with favorable loan terms and at a rate of interest which is usually lower than the rate charged on other types of mortgage loans. For VA housing loan purposes, the term “veteran” includes certain members of the Selected Reserve, active duty service personnel and certain categories of spouses.

Jumbo loan

A jumbo loan is a mortgage used to finance properties that are too expensive for a conventional conforming loan. Any loan amount over $766,550 for the year 2024.