Mortgage Financing
CONVENTIONAL
The most common type of mortgage.
Down Payment
20% (could go as low as 3%)
Best For
The vast majority of buyers.
FHA
A more affordable government-backed financing option with low down payments and easier credit requirements.
Down Payment
As low as 3.5%
Best For
First-time buyers and buyers with low credit scores.
VA*
A beneficial loan primarily for active-duty service members, veterans, and home surviving spouses.
Down Payment
As low as 0%
Best For
Veterans and active-duty service members.
203k
For renovating an average home into a dream dwelling.
Down Payment
As low as 3.5%
Best For
Buyers who choose fixer-uppers.
JUMBO
Mortgages that are larger than the conforming limit.
Down Payment
As low as 5%
Best for
Luxury buyer or high-cost markets.
* Subject to VA eligibility | Rates, terms, and availability of programs are subject to change without notice. [012721 322519v2]
Take out the loan that best fits you and your family, and build the life you’ve always imagined.
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