Conventional Loan
Down payments as low as 3%. These loans have fewer restrictions than government-guaranteed loans. Conventional loans offer more flexible terms and program benefits.
Adjustable Rate Mortgage
A loan with an interest rate that changes.
There is an initial period where the rate is fixed, after which, the interest rate adjusts according to the market and loan terms.
Jumbo Loan
Exceeds the loan limit set by Freddie Mac and Fannie Mae. Typically, in most counties the Jumbo Loan limit is $453,100 but in some areas due to higher home prices, that limit is $679,650.
USDA Loan
No down payments required and credit qualification is more flexible than other loan types