Conventional Loans are the best option for borrowers with good credit and who can contribute a down payment of at least 3%.
A VA Loan is a home-mortgage option available to American Veterans and their families. No PMI or down payment is required in order to obtain a VA loan.
FHA Loans are insured by the Federal Housing Administration and require mortgage insurance. You could be eligible for an FHA Loan if you have a lower credit score and a down payment as low as 3.5%
Reverse Mortgages are for current homeowners over the age of 62 that are looking to eliminate their monthly mortgage payment and tap into their equity to meet their financial goals.
NON-PRIME (NON QM)
Borrowers who do not qualify for a conventional mortgage or government-insured loan because they are self employed or real estate investors may be able to qualify with a Non-Prime loan.
A Private Money Loan offers fast and flexible loan solutions to borrowers who don’t fit the standard guidelines for Conventional or Government loans. Funds from this loan come from a private investor opposed to an institutional lender and require a deed of trust secured against the borrower’s home.
Home Equity Loans and Home Equity Lines of Credit let you access the equity in your home with lower costs and less paperwork than a mortgage.