FHA Loans
FHA Loans
- 3.50% down payment required on purchase.
- Post-short sale or foreclosure qualifying: after 3 years.
- Qualifying flexibility for first-time home buyers.
- General minimum credit score of 640 (In some cases, down to 600).
Conventional Loans
Conventional/Conforming Loans
- Buy your primary home for as little as 5% down.
- Available in 30, 25, 20, 15 and 10-year terms.
- Loan limits: up to $417,000.
- Refinance up to 95% of your primary home’s value.
- Purchase and refinance options for Second Home and Investment properties.
- Post-short sale qualifying: after 2-4 years.
- Post-foreclosure qualifying: after 7 years.
Jumbo/High Balance Loans
- Perfect for loans greater than $417,000.
- You can still buy your primary home for as little as 5% down.
- You can still refinance up to 95% of your primary home’s value.
- Available in 30, 20 and 15-year increments.
Other Loans
VA Loans
- As a valued veteran, you may be entitled to VA loans.
- 0% down payment required on purchase.
- Higher allowable debt-to-income ratios than many other loans.
- Lenders do not require private mortgage insurance (PMI).