Mortgage Loan Options & Products
As a Mortgage Broker, you have access to a network of lenders, which means we can offer you
a wide range of mortgage option:
- Conventional Loans
- Jumbo Loans
- FHA Loan
- VA Loan
- USDA Loans
- Niche & Specialty Loans
Our Loan Products
Conventional Loan:
If you have good credit and a stable income, a conventional loan might be the right option for you, since
conventional loan programs traditionally offer:
- Lower interest rates for borrowers with good or great credit
- Down payments range from 3% - 20%
- Fewer penalties and fees
- Flexible mortgage insurance options, if applicable (mortgage insurance not always necessary)
Jumbo Loans:
If you have good credit, but don’t have enough funds on hand to bring your home loan amount under
the FHFA’s current conforming loan limit, a jumbo home loan might be the right option for you.
- Higher purchase limits allow borrowers to purchase more home
- Convenience of one loan for the entire loan amount, even on larger, more expensive properties
- Jumbo loans are available for primary residences, second homes, or rental properties
- Jumbo mortgage rates are typically higher than Conventional mortgage rates for conforming home loans and require larger down payments
FHA Loan:
The Federal Housing Administration (FHA) was formed in 1934 to spur greater homeownership numbers
in the U.S. and to facilitate home financing, improve housing standards and increase employment in the
home construction industry. FHA mortgage loans accomplish this through:
- Low down payment requirements
- Flexible income and credit requirements
- Allowing home sellers to contribute up to 6% of the applicant’s closing costs
- Flexible income and credit requirements
VA Mortgage:
VA home loans often require no down payment* and help keep your savings secure and offer more
flexibility for active-duty military personnel, veterans, and eligible surviving spouses. They also feature:
- No prepayment penalties
- No private mortgage insurance (PMI)
- 100% financing with full VA entitlement*
- VA financing fees can be lumped into the total loan amount
USDA Mortgage:
Home loans guaranteed by the United States Department of Agriculture (USDA) provide affordable
financing options for properties located in designated small towns, suburbs, and exurbs. This program
helps eligible low- to moderate-income families achieve homeownership by offering a no down payment
option.
- Lower credit score requirements
- Finance up to 100% of the appraised value
- The ability to finance the upfront portion of the guarantee fee
- Lower interest rates
