• Conventional

    CONVENTIONAL

    Conventional loans are not part of a specific government program. The rules for conforming loans are set by Fannie Mae or Freddie Mac, companies that provide backing for conforming loans.

    Credit Score: 620 and higher.

    Down payment: 3-5% or more

    Loan amount: one unit $806,500

    Mortgage Insurance Required: If your down payment is less than 20%

    Income Required

    Owner Occupied

  • FHA

    FHA

    FHA loan is a mortgage that is insured by the Federal Housing Administration. FHA loans are a good option for first-time homebuyers who may not have saved enough for a large down payment.

    Credit Score: 580 minimum.

    Down payment: 3.5%

    Loan amount: one unit $524,225

    Mortgage Insurance Required

    Income Required

    Owner Occupied

  • VA

    VA

    VA (Veterans Affairs) loans. VA helps Veterans, Servicemembers, and eligible surviving spouses become homeowners.

    Credit Score: NOT required.

    Down payment: NOT required.

    Loan amount: one unit $806,500

    No Private Mortgage Insurance

    Owner Occupied

  • Bank Statements

    BANK STATEMENTS

    A Bank Statement loan is a type of mortgage that allows self-employed borrowers to verify their income based on their personal or business bank statements, rather than traditional methods like tax returns, W-2s, or 1099.

    Credit Score: 620 minimum

    Down payment: 10%

    Loan amount: up to $4 millions

    No Private Mortgage Insurance

    Owner Occupied, Non-owner occupied, Second homes

  • Foreign Nationals

    FOREIGN NATIONALS

    This mortgage product is for foreign nationals wanting to purchase or refinance a home in the United States. This is a DSCR program with a 1:1 ratio on cash flow.

    Credit Score: Not required

    Down payment: 25%

    Loan amount: up to $3 millions

    No income required

    Non-owner occupied only

    No Private Mortgage Insurance

  • DSCR

    DSCR

    A DSCR loan, or debt service coverage ratio loan, is a type of mortgage used for purchasing short-term or long-term rental investment properties. With a DSCR loan, borrowers can qualify for a mortgage based on a property’s rental analysis.

    Credit Score: 620 minimum

    Down payment: 20%

    Loan amount: up to $3 millions

    No income required

    Non-owner occupied only

    No Private Mortgage Insurance

  • ITIN

    ITIN

    An ITIN loan is a mortgage program designed specifically for non-US citizens who do not have a Social Security Number but do have an ITIN.

    Credit Score: 620 minimum

    Down payment: 10-20%

    Loan amount: up to $1.5 millions

    No Private Mortgage Insurance

    Owner Occupied, Non-owner occupied, Second homes