FHA

An FHA loan is a mortgage insured by the Federal Housing Administration. It is designed for low-to-moderate-income borrowers, requiring a lower minimum down payment and credit scores than conventional loans

USDA

A USDA loan is a zero-down payment loan meant for low to moderate income home buyers.  The home must be in a qualified “rural” area, which USDA typically defines as a population of less than 20,000.

203 K

A 203k loan is a type of mortgage that can be used to finance both the purchase of a house and the home improvement costs that come with it.

Conventional

A conventional loan is a loan that is not secured by a government entity. It is guaranteed by a private lender or the two government-sponsored enterprises—Fannie Mae and Freddie Mac.

Home Possible

Home Possible* is a conventional loan program created by Freddie Mac also offering a 3% down payment.

Construction to Perm

Construction to Perm financing is a type of loan which allows you to build your home using an approved builder.  When the construction is complete, the loan rolls over into a traditional mortgage without you having to go through another closing resulting in only one set of closing costs.

VA

VA guarantees a portion of the loan, enabling the lender to provide the homebuyer with more favorable terms. VA loans are available to Servicemembers, Veterans, and eligible surviving spouses

HomeReady

HomeReady* is a Fannie Mae product designed to help buyers own a home with a 3% down payment.