Conventional Loan

• Criteria set by Fannie Mae and Freddie Mac​

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• Available for most any type of property including a second home or investment properties

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• PMI is not required if you have at least 20% down payment

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• The mortgage insurance (PMI) is not permanent 

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• Not guaranteed or insured by a Government agency​ ​​

FHA Loan

• ​Mortgage issued by an FHA -approved lender and insured by the Federal Housing Administration 

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• Designed for low-to-moderate income borrowers with minimal down payment

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• Accepts lower down payment and credit score requirements

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• Most popular with first-time home buyers  

VA Loan

• Designed for American veterans, military members currently serving, reservists and select surviving spouses (provided they do not remarry) 

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• VA program offers zero down home financing to eligible veterans to purchase a home 

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• Guaranteed by the US Department of Veteran Affairs 

Reverse Mortgage

• Available to homeowners 62 and older with considerable home equity amount 

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• Can borrow against the value of their home and receive funds as a lump sum, fixed monthly payment or line of credit 

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• Does not require the homeowner to make any loan payments – only taxes and insurance

No Tax Return Loan

• Loan programs are designed for self-employed, real estate professionals, and retired borrowers who have excellent credit and strong liquid reserves, and/or balance sheet. 

• No tax return loan uses financials such as business bank statements, retirement accounts, and cash-flow statements to underwrite in lieu of traditional tax returns and W-2s.