Compare Loan Options
ARM Loans
Conventional Loans
FHA Loans
Home Equity Loans
Investment Property Loans
Jumbo Loans
USDA Loans
VA Loans
Overview
An adjustable-rate mortgage, or ARM, is a home loan with two different phases: The first phase offers low payments at a fixed interest rate. This rate is usually very competitive — less than what fixed-rate mortgages can offer. After the first phase ends, you will continue paying off your loan at a rate that will adjust periodically.
A conventional loan is not insured or guaranteed by the federal government, which makes it different from programs like VA, USDA and FHA. These flexible loans allow borrowers to get low rates and often avoid mortgage insurance with a higher down payment.
The Federal Housing Administration (FHA) mortgage program is managed by the Department of Housing and Urban Development (HUD), which is a division of the federal government. While these kinds of loans are typically most popular with first-time homebuyers, FHA loans are available to all types of borrowers.
A form of consumer debt that allows you to borrow money against your home’s equity. The loan payments are in addition to the payments on your existing mortgage, which is why a home equity loan is often called a “second mortgage.”
If you’re looking to purchase a single-family, townhome, condo, or multi-unit property with the intention of earning a return on the investment, an investment loan may be just what you need.
A Jumbo Loan is a non-conforming loan used to finance an amount for a property that is above the geographic area’s conforming loan limit traditionally accepted by government-sponsored enterprises. A Jumbo Loan allows a borrower with a high credit score and healthy reserves to secure financing for a larger amount.
The United States Department of Agriculture (USDA) offers a loan program for borrowers who meet certain income requirements and live within designated “rural” areas. This type of mortgage loan is designed for borrowers who have a steady, low or modest income, and yet are unable to secure a conventional loan. There are income restrictions on these types of loans, which vary by county.
The U.S. Department of Veterans Affairs’ VA loan programs are intended for military service members and their families. Being a government-backed mortgage means that the VA will reimburse the lender for any losses that may result from borrower default, allowing lenders to finance up to 100% of the property’s value.
Low Down Payment
Fixed Rate Option
Flexible Terms
Fixed Rate Option