Loan Programs

Loan options, explained simply

Every homebuyer’s situation is different. Here’s a plain-language look at common loan programs and who they tend to fit best — we’ll narrow down the right one for you together.

FHA Loans

Best for: first-time buyers, limited savings or credit history

Backed by the Federal Housing Administration, FHA loans allow for lower down payments and more flexible credit requirements than many other loan types.

VA Loans

Best for: veterans, active-duty service members, eligible spouses

Available to eligible veterans, active-duty service members, and certain surviving spouses. VA loans often require no down payment and no private mortgage insurance.

Conventional Loans

Best for: buyers with solid credit seeking flexible terms

Not backed by a government agency, conventional loans typically offer competitive rates for buyers with steady income and good credit.

USDA Loans

Best for: eligible rural and suburban buyers

Designed for eligible rural and suburban homebuyers, USDA loans can offer 100% financing with no down payment required, based on location and income.

Jumbo Loans

Best for: buyers purchasing higher-value homes

For loan amounts above the conventional limit, jumbo loans finance higher-priced homes and come with their own tailored qualification requirements.

First-Time Homebuyer Programs

Best for: first-time buyers who want extra support

Special programs that can offer down payment assistance, reduced fees, or more flexible qualification for those buying their very first home.

This information is general and educational only. It is not a commitment to lend, a guarantee of approval, or a quote of specific rates or terms. Program availability, rates, and eligibility vary by borrower and property. Contact Adriana to review the options that fit your specific situation.

Not sure which program fits you?

That’s exactly what a quick conversation is for.

Contact Adriana