A conventional loan is one of the most popular mortgage options for well-qualified borrowers.
These loans are not government-backed and typically offer competitive rates, flexible terms, and lower overall costs when you have strong credit.

Best for: Buyers with established credit and steady income who want flexible loan terms.tion text goes here

Backed by the Federal Housing Administration, FHA loans make homeownership more accessible for buyers with limited savings or less-than-perfect credit.

Best for: First-time buyers or those who need lower down payment options.

Highlights:

• Down payments as low as 3.5%

• More forgiving credit requirements

VA loans are available to eligible veterans, active-duty service members, and surviving spouses. These loans offer exceptional benefits and are guaranteed by the U.S. Department of Veterans Affairs.

Best for: Eligible military borrowers and families.

Highlights:

• 0% down payment options

• No private mortgage insurance (PMI)

• Competitive rates and flexible terms

Designed to support homeownership in eligible rural and suburban areas, USDA loans are backed by the U.S. Department of Agriculture.

Best for: Buyers purchasing in rural or qualifying suburban communities.

Highlights:

• 0% down payment for eligible areas

• Income-based qualification

DSCR (Debt Service Coverage Ratio) loans are built for real estate investors who qualify based on a property’s income, not personal income.

Best for: Investors growing rental portfolios or purchasing under LLCs.

Highlights:

• No tax returns required

• Qualification based on rental cash flow

Construction loans finance the cost of building a new home or completing major renovations. They can convert to permanent financing once the project is complete.

Best for: Builders, homeowners, or investors developing new properties.

Highlights:

• Interest-only payments during construction

• Seamless conversion to permanent loan

Bridge loans help borrowers buy or build before selling an existing property. They provide short-term financing to “bridge” the gap between transactions.

Best for: Homeowners or investors managing transitions between properties.

Highlights:

• Access equity before your sale closes

• Fast approvals for time-sensitive deals

Refinancing can help lower your rate, adjust your loan term, or access cash from your home’s equity.

Best for: Homeowners looking to improve their loan terms or fund major expenses.

Highlights:

• Rate-and-term or cash-out options

• Streamlined programs for existing FHA and VA borrowers