Conventional or Traditional Loans are popular mortgage loans with low down payment options! This is a mortgage that has a fixed rate through the life of the loan, providing you consistency to help make it easier to set a budget. The monthly principal and interest payment, as well as your interest rate, will stay the same for the entire term of the loan. This loan has a higher credit requirement than FHA.
Non Traditional Loans are for borrowers who do not meet traditional documentation requirements, but want the chance to qualify using flexible alternatives such as bank statements or a Profit and Loss Statement to qualify. This loan is very popular amongst self-employed borrowers.
Home Equity Lines of Credit (HELOC) or Home Equity Loans allow homeowners to use the equity in their home to finance things like home renovation, vehicles, and other purchases.
Veterans Affairs (VA) Loans helps Veterans, service members, and eligible surviving spouses become homeowners.
Federal Housing Administration (FHA) Loans allow for lower down payments
and lower minimum credit scores, making them a great option for first-time
homebuyers.
Enter your email address and phone number below and we’ll get back to you right away!
