Understanding Loan Types
A clear breakdown of each loan type — so you can choose the one that fits your situation.
Not all mortgages are the same. Each loan type has different requirements, benefits, and ideal scenarios. Below, we’ll break down the most common options so you can see what makes sense for your goals and financial situation.
- Conventional Loans
- Flexible term options
- As little as 3–5% down (for qualified buyers)
- No upfront mortgage insurance
- DSCR
- Qualify based on rental income
- Ideal for real estate investors
- No personal employment or tax return required
- FHA Loans
- Lower credit score flexibility
- 3.5% minimum down payment
- Designed to help more buyers qualify
- VA Loans
- No down payment (for eligible veterans)
- No monthly mortgage insurance
- Competitive interest rates
- CES
- Tap into your home's equity as a lump sum
- Use funds for debt consolidation, improvements, or major expenses
- Fixed-rate options available
- Bank Statement Loans
- Qualify using bank deposits instead of tax returns
- Designed for self-employed borrowers
- Flexible income documentation requirements
- HELOC
- Access equity from your home
- Flexible draw period
- Great for renovations or large expenses
Let’s Match You With the Right Loan
We don’t push products. We look at your numbers and recommend what actually fits.