loan options (50+ lenders)
Veterans (VA)
VA loans are home loans backed by the U.S. Department of Veterans Affairs, available exclusively to veterans, active-duty service members, and eligible military spouses. They require no down payment, no private mortgage insurance (PMI), and typically offer lower interest rates than conventional loans. Borrowers can purchase with $0 down and cover closing costs with minimal out-of-pocket expense. Disabled veterans are exempt from the VA funding fee, and the program allows for flexible credit requirements, making it one of the most powerful homebuying tools available to those who’ve served.
Reverse (HECM)
HECM loans (Home Equity Conversion Mortgages) are reverse mortgages insured by the FHA, designed for homeowners 62 and older. They allow you to convert a portion of your home equity into tax-free cash—without selling your home or taking on monthly mortgage payments. Repayment is deferred until you move, sell, or pass away. HECMs can be a smart financial tool for retirees looking to supplement income, cover expenses, or simply enjoy more financial freedom in retirement.
Conventional
Conventional loans are the most widely used type of home financing and are not backed by the government. They generally require a higher credit score and larger down payment, but in return, offer greater flexibility in terms, no upfront mortgage insurance, and competitive interest rates. Ideal for buyers with strong credit and steady income who want to avoid extra fees and enjoy more property type options.
FHA
FHA loans are government-backed mortgages insured by the Federal Housing Administration, designed to make homeownership more accessible—especially for first-time buyers. They allow for low down payments (as little as 3.5%), lower credit scores, and more flexible income requirements. FHA loans do require mortgage insurance, but they’re a solid option for buyers who need a little extra wiggle room to qualify. Think of them as a launchpad for homeownership when traditional loans feel just out of reach.
USDA Rural
USDA Rural loans are government-backed mortgages offered through the U.S. Department of Agriculture, designed to promote homeownership in eligible rural and suburban areas. They feature zero down payment, low interest rates, and reduced mortgage insurance costs. These loans are ideal for low-to-moderate income buyers who meet geographic and income eligibility requirements. If you're dreaming of a home with a little more space—and a lot less out-of-pocket—USDA might be your hidden gem.
Non QM
Non-QM (Non-Qualified Mortgage) loans are designed for borrowers who don’t fit the traditional lending mold. These loans are ideal for self-employed individuals, real estate investors, or those with unique income situations—like high assets but irregular cash flow. They allow for alternative documentation (like bank statements or asset depletion), and can offer flexible terms and creative solutions. While rates may be higher than conventional loans, Non-QM loans open doors.3.5%), lower credit scores, and more flexible income requirements.