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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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