Loan Options
Seven ways into a home. Here is what each one actually is, who it fits, and what it asks of you.
Start with the situation, not the product
Most people arrive asking for a specific loan because somebody mentioned it. The better question is what you are trying to do. Pick the one that sounds like you.
Buying my first home
The programs open to you, what a down payment really has to be, and the help you may not know about.
FHA loanBuying my next home or an investment
Moving up, or financing a rental. The underwriting is a different exercise and so is the plan.
Non-QM loansRefinancing what I have
Lower the payment, shorten the term, drop mortgage insurance, or take equity out. The test is the break even.
RefinanceEvery loan, in plain terms
Seven ways in. One of them fits.
FHA Loan
A lower bar to clear. Built for a buyer with a smaller down payment or a shorter credit history.
See the details 02Conventional Loan
The standard. Priced on your credit, your down payment and the property.
See the details 03Jumbo Loan
Above the conforming limit. A different underwriting conversation, and one I have often.
See the details 04Hard Money and Rehab Loan
Short term money built around a property rather than a paycheck.
See the details 05Refinance
Change the loan you have. Lower the payment, shorten the term, or take equity out.
See the details 06Commercial Loans
Property held for business rather than for living in. Underwritten on the building.
See the details 07Non-QM Loans
Outside the standard rules and fully underwritten. Six types, one page.
See the detailsNot sure which one fits
Tell me the situation and I will tell you the honest answer, including when the answer is not yet.