A fixed-rate mortgage provides borrowers with an interest rate that stays the same for the entire loan term (typically 15 or 30 years). This means your monthly payment won’t change, offering a predictable and stable solution.

Best for: Buyers who plan to stay in their home long-term and desire stable payments.

An ARM offers buyers a low fixed rate for a set time (e.g., 5 years) and then adjusts annually based on market rates.

Best for: Buyers planning to move or refinance before the rate adjusts.

A VA loan is a government-backed mortgage for eligible Veterans, active military, and some spouses. It requires NO down payment and NO PMI.

Best for: Qualified military members looking for low or no down payment financing.

An FHA loan is a government-backed mortgage with a low down payment (as little as 3.5%) and flexible credit requirements.

Best for: First-time buyers or those with lower credit scores.

A USDA loan helps buyers purchase homes in rural and suburban areas with $0 down and low interest rates.

Best for: Buyers in eligible rural areas looking for a zero down payment option.

A Jumbo Loan is for homes that exceed conventional loan limits. These loans have stricter requirements such as a high credit score or large down payment.

Best for: High-income buyers purchasing luxury or high-cost homes.

Down Payment Assistance programs help first-time buyers with grants, low-interest loans, or forgivable loans to cover down payment and closing costs.

Best for: Buyers with limited savings for a down payment.

A HELOC is a revolving line of credit secured by your home’s equity. You can borrow as needed (like a credit card) and only pay interest on what you use.

Best for: Homeowners who want flexible borrowing for home improvements or other expenses.

A Non-QM loan is for borrowers who don’t fit traditional lending guidelines (e.g., self-employed, investors, high-net-worth individuals).

 Best for: Buyers with unique income situations (business owners, gig workers, real estate investors).

A renovation loan allows buyers to finance home improvements into their mortgage.

Best for: Buyers purchasing fixer-uppers or homeowners renovating their current home.

A construction loan finances building a new home and later converts into a traditional mortgage.

Best for: Buyers who want a custom-built home or developers building a property.

A mortgage refinance is when you replace your current home loan with a new one, usually to get a lower interest rate, change your loan term, or tap into your home’s equity.

Key Benefits:

• Lower Your Interest Rate
• Change Your Loan Term
• Cash-Out Refinance

Refinancing is typically a smoother process than getting your original mortgage.