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Which Loan Option is Right For Me?

Access a variety of loan options, financial institutions, and mortgage allies - all together. We're here to help you at every stage, from choosing your loan to finalizing it.

How rates are structured

When picking your loan, a key decision is the structure of your mortgage rate. This rate determines your annual interest payment on the mortgage. Small differences can lead to big savings over time, as even a slight change can mean saving thousands over the loan's lifespan.

Mortgage rates are generally "fixed" or "adjustable." While most loans provide these options, not all do, so knowing your choices is crucial.

Loan Programs Currently Available in Florida (California Coming Soon)

  • Fixed-Rate Mortgages
  • A mortgage with a set interest rate that never changes throughout the life of your loan. Most fixed-rate mortgages have 30-year and 15-year repayment terms. These loans offer buyers a level of consistency that many others do not.
  • Best for homebuyers who...
    want a predictable, lower monthly payment amount that remains for the life of the loan.
  • GET STARTED
  • Adjustable-Rate Mortgages (ARMs)
  • ARMs can be a good option to get a lower upfront rate than a fixed-rate mortgage. After the fixed period, the interest rate on an ARM becomes variable and changes at regular intervals to reflect the most current market conditions.
  • Best for homebuyers who...
    don’t intend to own the property longer than the fixed period, and/or who expect interest rates to decline in the future.
  • GET STARTED
  • Conventional Loans
  • A conventional loan includes any mortgage type that’s not part of a specific government program such as the FHA, VA or USDA (more on these government-backed loans below). This loan is more cost-effective than other loan options for those who qualify.
  • Best for homebuyers who...
    have a credit score of at least 620 and can afford the average down payment of 20%.
  • GET STARTED


Low and no-down payment loan options

You can buy a home without a big down payment, or sometimes none at all. Programs offering low or no down payments are available through government bodies like the FHA, USDA, or VA, as well as through conventional loan options for qualified individuals.

These mortgages are often limited to specific groups, like veterans or those with lower credit scores. Our team, together with our network of partners, can handle these types of loans for eligible individuals.



  • FHA
  • Credit scores as low as 580
  • Down payments as low as 3.5%
  • Requires mortgage insurance for the life of the loan
  • Best for homebuyers who...
    have lower credit scores or are not able to make a 20% down payment
  • GET STARTED
  • USDA
  • Restricted to rural locations
  • Income and property value caps
  • Require no down payment
  • Available for home improvement loans as well
  • Best for homebuyers who...
    live in qualifying rural areas seeking a loan without a down payment.
  • GET STARTED
  • VA
  • Available to military service members and veterans
  • Requires no down payment and no mortgage insurance
  • Requires a VA funding fee based on the value of the property
  • Best for homebuyers who...
    are qualified military service members looking for lower interest rates or mortgage loans with no down payment.
  • GET STARTED

  • HomeReady®
  • Down payments as low as 3%
  • Minimum FICO score of 620
  • 2-year Financing
    (Amortized up to 40 years)
  • More favorable mortgage insurance requirements than FHA
  • Best for homebuyers who...
    have better credit and want to purchase a more expensive home than is allowed by FHA limits.
  • GET STARTED
  • Conventional 97% LTV
  • Available to first-time homebuyers purchasing a single-family or condo unit as their primary residence
  • Loan Range:
    $100K - $10mm
  • Cancellable PMI at 20% equity>
  • No income limits
  • All Property Types, All Conditions
  • No income limits
  • Best for homebuyers who...
    have good credit and a higher income than is allowed by HomeReady.
  • GET STARTED

Non-conforming loan options and investment properties

If you're looking at an expensive home or buying property to earn income, you might need a jumbo loan or an investment property mortgage.

Loans over $647,200 (in most places) don't follow Fannie Mae and Freddie Mac rules, so they need a jumbo loan. For an investment property, expect to pay a bigger down payment as mortgage insurance isn't available for these.

  • Jumbo Loans
  • Loan limits set annually by the Federal Housing Financing Agency (FHFA).
  • The conforming loan limit is $647,200 in most areas for 2022.
  • The limit is higher in certain parts of the country; check your location using the FHFA loan limit map
  • Best for homebuyers who...
    are looking to purchase a more expensive property that doesn’t conform to the FHFA’s loan limit.
  • GET STARTED
  • Investment properties
  • An investment property can be a home you plan to improve and sell.
  • It could also be a property you intend to rent out, or a home in an area where you expect values will rise.
  • Financing requirements are typically more stringent than those of a primary residence
  • Best for homebuyers who...
    are purchasing a property for the purposes of generating income, rather than a primary residence home purchase.
  • GET STARTED

Short-term and other loan options


  • Construction Loan
  • Construction-only: finances the material cost of building a new home over one year, separate from your mortgage
  • Construction-to-permanent: converts to a traditional mortgage upon move-in so you only pay closing costs once
  • Typical requirements include a down payment, good credit score and low DTI
  • Best for homebuyers who...
    are building a completely new home from the ground up.
  • GET STARTED
  • Renovation Loan
  • Financed at the time of the home purchase, so buyers only have a single monthly payment
  • Typically based on post-construction appraisal value vs. other types of home improvement loans
  • Can be a more convenient and economical way to factor in renovation costs at the time of purchase
  • Best for homebuyers who...
    intend to make major improvements to a fixer-upper upon purchase.
  • GET STARTED
  • Bridge Loan
  • Short-term financing most commonly used when a buyer needs to make a sudden, unexpected move
  • Good option for borrowers who want to avoid making a sale-contingent offer
  • Flexibility to borrow for up to a year
  • Best for homebuyers who...
    want to purchase their new home before selling their current one.
  • GET STARTED