“Conventional” means that the loan is not part of a specific government program. Conforming loans have maximum loan amounts that are set by the government. Other rules for conforming loans are set by Fannie Mae or Freddie Mac, companies that provide backing for conforming loans.

Are loans issued by private lenders but backed by the Federal HousingAdministration (FHA). Because they’re insured by the FHA, these loans bring home ownership into reach for low- or moderate-income buyers who might otherwise have a hard time getting approved by conventional lenders.

A jumbo loan, or jumbo mortgage, is a home loan for an amount that exceeds the “conforming loan limit” set on mortgages eligible for purchase by Fannie Mae and Freddie Mac, the government-sponsored enterprises (GSEs) that ultimately buy and administer most single-family-home mortgages in the U.S

A USDA loan is a home loan guaranteed by the United States Department of Agriculture. Being backed by the government allows USDA loans to have lower interest rates and lower down payment requirements than conventional loans.

The debt service coverage ratio, also known as “debt coverage ratio”, is the ratio of operating income available to debt servicing for interest, principal and lease payments. It is a popular benchmark used in the measurement of an entity’s ability to produce enough cash to cover its debt payments.

Asset depletion loans use your assets as collateral instead of your income. This program allows you to deplete your assets as a way to count that money as income for the duration of the loan.

With a VA Loan you could purchase a home with ZERO money down! Take the first step by calling us to help you request your VA eligibility letter. If you are a “Veteran” includes certain members of the selected reserve, active duty services personnel, and certain categories of spouses you have access to VA loan programs.

Home Equity loans that can fund faster, have flexible terms from 5 to 30 years, and give you access to up to 95% of your home’s equity in cash without affecting your first mortgage rate.

A bridge loan is a temporary loan with a maturity of 12 months or less. An example of such a loan is one used to finance the purchase of a new property where the investors plan to sell the property within 12 months.

 Non-QM loan, or a non-qualified mortgage, is a type of mortgage loan that allows you toqualify based on alternative methods, instead of the traditional income verification requiredfor  most loans. Common examples include bank statements or using your assets as income.

For Self Employed/Wage Earner borrowers

-Personal or business bank statement program

-No income document program

-1099 program

-P&L only program

Fix and flip loans (also called hard money rehab loans, investment property rehab loans, or house flipping loans) are short-term financing solutions designed for real estate investors. They provide fast access to capital needed to purchase, renovate, and resell a property for profit. Unlike traditional mortgages, these loans focus on the property’s after-repair value (ARV), giving investors the flexibility to leverage a home’s future potential rather than its current condition. This makes them an ideal choice for investors who need quick funding to take advantage of market opportunities.

A construction loan is a short-term financing option designed to cover the costs of building or renovating a home. Unlike traditional mortgages, construction loans provide funds in stages as the project progresses, ensuring contractors and builders are paid throughout the construction process. Once the home is completed, the loan can often be converted into a standard mortgage. This type of loan is ideal for homeowners or investors looking to build custom properties or undertake major remodels.