Mortgage Loans

These are traditional loans not backed by the government. They often offer competitive rates and are ideal for borrowers with strong credit and a stable income.

Available to eligible veterans, active-duty service members, and certain military spouses, VA loans are backed by the Department of Veterans Affairs. They offer benefits like no down payment and no private mortgage insurance (PMI).

These loans are used to finance properties that exceed conforming loan limits. They’re ideal for high-value homes but typically require strong credit and a larger down payment.

With a fixed-rate mortgage, your interest rate stays the same for the entire term of the loan, offering stability and predictable monthly payments.

Available to homeowners aged 62 and older, reverse mortgages allow you to convert home equity into cash without monthly payments, typically repaid when the home is sold.

Backed by the Federal Housing Administration, FHA loans are popular among first-time homebuyers and those with less-than-perfect credit. They typically require a lower down payment.

Designed for rural and suburban homebuyers, USDA loans are backed by the U.S. Department of Agriculture. They offer low interest rates and require no down payment for qualified applicants.

ARMs offer a lower initial interest rate that adjusts periodically based on market conditions. They can be a good option for buyers planning to move or refinance within a few years.

These allow you to pay only the interest for a set period before switching to standard payments. They may work for certain investment strategies but come with more risk.