Traditional Mortgage Loans

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FHA Loans

FHA loans are designed to help those who need it. These loans have government backing. Because of this they have lower credit requirements, and are perfect for those first time buyers. FHA loans are designed to make qualifying for a home easier.

Features

  • Lower credit score requirements

  • Smaller down payments

  • More lenient Debt-to-income ratios

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Conventional Loans

Conventional loans are loans not backed by the government. However, the can offer certain benefits to qualified buyers. These loans can also be obtained quicker than a traditional government backed loan.

Features

  • Higher credit score requirements

  • Larger down payments

  • No upfront mortgage insurance

  • Lower borrowing costs

  • Faster closing times

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Other Loan Programs

VA Loans

  • Exclusive to Military personal

  • No down payment

  • Competitive interest rates

USDA Loans

  • Only eligible in rural communities

  • No down payment

Refinance

  • Replace existing mortgage to one with a lower interest rate, change terms, or access home equity