Fixed Rate Loans
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10-, 15-, 20-, and 30-year terms available.
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Purchase with as little as 3% down for qualified buyers.
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Your rate and monthly payment never change for the life of the loan.
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Great for buyers who plan to stay long-term and want payment stability.
Adjustable Rate Loans
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5/1, 7/1, and 10/1 ARM options available.
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Rate stays fixed for the initial period, then adjusts annually based on market indexes.
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Rate and payment caps limit how much your rate can increase at each adjustment and over the life of the loan.
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Often offers a lower starting rate than a 30-year fixed.
FHA Loans
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3.5% minimum down payment required on purchase.
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Minimum credit score typically 580 (higher scores may unlock better terms).
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Gift funds can be used for the entire down payment and closing costs.
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Can qualify 2 years after bankruptcy and 3 years after foreclosure.
VA Loans
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0% down payment for eligible veterans, active-duty service members, and surviving spouses.
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No private mortgage insurance (PMI) required.
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Competitive rates typically lower than conventional loans.
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Sellers can contribute up to 4% toward closing costs and concessions.
Reverse Mortgage Loans
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Eliminate your monthly mortgage payment and stay in your home.*
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Access your home equity as a lump sum, line of credit, or monthly payments.
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Available to homeowners 55 or older (age requirements vary by state).
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Must occupy the home as your primary residence.