Conventional Loans
A popular loan type, conventional fixed rate loans feature a constant interest rate for the life of the life. Generally speaking, monthly payments remain constant. Traditionally borrowers are expected to provide a 20 percent
FHA Loans
FHA (Federal Housing Administration) loans are government-backed mortgage loans designed to make homeownership more accessible for low to moderate-income individuals and those with less-than-perfect credit
HELOC Loans
A HELOC, or Home Equity Line of Credit, is a type of loan that allows homeowners to borrow money against the equity in their home. Essentially, it’s a revolving line of credit, like a credit card, where you can borrow, repay, and..
VA Loans
VA (Veterans Affairs) loans are mortgage loans specifically designed to assist eligible U.S. veterans, active-duty service members, and certain members of the National Guard and Reserves in achieving homeownership. These loans are backed by the U.S. Department…
USDA Loans
USDA (United States Department of Agriculture) loans are government-backed mortgage loans that primarily aim to promote homeownership in rural and suburban areas. These loans offer benefits such as zero down payment requirements,
Jumbo Loans
Jumbo loans are a type of mortgage loan designed for purchasing high-value homes that exceed the conventional loan limits set by government-sponsored entities like Fannie Mae and Freddie Mac. They offer the flexibility to finance luxury properties, with competitive.
Reverse Loans
Reverse mortgage loans, also known as reverse equity loans, are only available to homeowners 62 or older. Like its name indicates, this program pays the homeowner either a one-time large payout or monthly installment.
DSCR Loans
DSCR (Debt Service Coverage Ratio) loans are specialized financing options primarily used in commercial real estate and investment properties. These loans focus on the property’s ability to generate sufficient income to cover its
Construction Loans
Construction loans are short-term loans designed to fund the construction or renovation of residential or commercial properties. They provide borrowers with access to funds in stages as the project progresses, reducing the financial
Non-QM Loans
Non-QM (Non-Qualified Mortgage) loans are mortgage products that do not conform to the strict guidelines set by government-sponsored entities like Fannie Mae and Freddie Mac. These loans are typically designed for borrowers who may not meet traditional lending criteria,
Bank Statement Loans
Bank Statement Loans offer a flexible solution for self-employed individuals or those with non-traditional income. Instead of tax returns, these loans use your bank deposits to verify income, making them ideal for small business owners and freelancers
Refinance Loans
Home Refinance Loans, also known as refinancing, involve replacing an existing mortgage with a new one, typically with different terms or interest rates. Borrowers often pursue refinancing to lower their monthly mortgage payments,
Foreign National Loans
Foreign national loans are mortgage loans specifically tailored for individuals who are not U.S. citizens or permanent residents but wish to purchase property in the United States. These loans are designed to provide access to U.S. real estate markets,
Commercial Loans
Commercial loans are financial products designed to support businesses in various ways, including financing property acquisitions, expansion, or working capital needs. They typically offer more significant loan amounts and longer repayment terms compared to personal
Reverse Mortgage Loans
Reverse mortgage loans are a unique financial product designed primarily for seniors, allowing them to convert a portion of their home equity into cash. This type of loan enables homeowners aged 62 or older to borrow against the value of their home without the need to make monthly
Down Payment Assistance
We believe that the dream of homeownership should be within reach for everyone. One of the biggest barriers to buying a home can be saving for the down payment, but our down payment assistance programs are designed to help bridge that gap. Whether you’re a first-time homebuyer or need a little extra help,
PURCHASE LOAN
A purchase mortgage loan is a type of loan used to finance the purchase of a property. This loan is secured against the property you’re buying, meaning that the lender holds an interest in the home until the mortgage is fully paid off. Purchase mortgage loans come in various forms, allowing you to choose the option that best fits..
RENOVATION LOAN
Are you looking to purchase a home that needs a little TLC? The FHA 203(k) mortgage loan in Glen Allen, VA might be the perfect solution for you. This unique financing option combines the purchase price of a home with the funds needed for renovations, allowing you to turn a fixer-upper into your dream home.
