VA mortgages allow Veterans to purchase real estate at great rates with no money down. We offer both purchase and refinance VA mortgage loans.
Down Payment Required: None
Minimum Credit Score: None
Other Requirements: Must be a Veteran
Cash Out Refi Limit: 100% of property value
Conventional mortgages from Fannie Mae and Freddie Mac allow great rates and terms to borrowers with excellent credit. Great for both purchases and refinances.
Down Payment Required: 3-5%, depending on program
Minimum Credit Score: 620
Maximum Debt Ratio: Depending on program, can be as high as 50%
Cash Out Refi Limit: 80% of property value
Click here to view frequently asked questions about Conventional mortgage loans
FHA mortgages are great for borrowers who want a low down payment, have a lower credit score or issues with the credit like a foreclosure or a bankruptcy. Can be used for both a purchase and a refinance mortgage loan.
Minimum Down Payment: 3.5%
Minimum Credit Score: 580, or can do 550 with 10% down
Maximum Debt Ratio: 56.9%
Cash Out Refi Limit: 85% of property value