Loan programs

Find the home loan that fits your life

Every program in plain language, side by side. Not sure where to start? Tell us your goal and we'll point you to the right fit.

Programs

Six ways to finance a home

Every program is available for a purchase or a refinance, including FHA Streamline and VA IRRRL options.

Fannie Mae and Freddie Mac loans for primary homes, second homes, and rentals.

Best forSteady income and solid credit

Government-insured loans with flexible credit guidelines and help from family allowed.

Best forFirst-time buyers, rebuilding credit

Guaranteed by the VA, with no monthly mortgage insurance for eligible borrowers.

Best forVeterans, service members, surviving spouses

Guaranteed loans for moderate-income buyers in eligible rural and suburban areas.

Best forModerate-income buyers outside cities

Qualify on a property's rent or your bank deposits, and close in an LLC.

Best forInvestors and self-employed borrowers

Borrow against your equity as you need it, without refinancing your first mortgage.

Best forHomeowners keeping a low first-mortgage rate

Compare

Program	Best for	Property use	Mortgage insurance or fees	Key requirement
Conventional	Steady income and solid credit	Primary, second home, investment	PMI with a smaller down payment; removable	Credit and debt-to-income guidelines
FHA	First-time buyers, rebuilding credit	Primary residence (1 to 4 units)	Upfront and annual MIP	Home meets FHA property standards
VA	Veterans, service members, surviving spouses	Primary residence (1 to 4 units)	No monthly MI; one-time funding fee	Certificate of Eligibility
USDA	Moderate-income buyers outside cities	Primary residence	Upfront and annual guarantee fee	Eligible area and income limits
DSCR & Non‑QM	Investors and self-employed borrowers	Investment (DSCR); any occupancy (bank statement)	No mortgage insurance; pricing varies	Rent covers the housing expense (DSCR)
HELOC	Homeowners keeping a low first-mortgage rate	Primary residence (some lenders allow others)	No mortgage insurance; closing costs vary	Enough equity in your home