Buying a home is exciting, but choosing the right loan can feel overwhelming. With so many options out there, how do you know which one is right for you? Let’s break down the most common loan types so you can feel confident moving forward.

Conventional Loans

These are the most common type of mortgage. They often work best for buyers with stronger credit scores and stable income. Conventional loans may require as little as 3% down.

FHA Loans

Backed by the Federal Housing Administration, FHA loans are popular among first-time buyers. They allow for a lower down payment (as little as 3.5%) and are more forgiving of lower credit scores.

VA Loans

VA loans are a fantastic benefit for qualified veterans, active-duty service members, and certain surviving spouses. They require no down payment and no monthly mortgage insurance, making them one of the most affordable options available.

USDA Loans

For homes in eligible rural or suburban areas, USDA loans allow buyers to purchase with no down payment. They’re a great option for buyers who meet the income and location requirements.

Which Loan Is Right for You?

It depends on your credit, income, and the type of home you’re buying. That’s why working with a knowledgeable lender is so important — we can walk you through your options and help you find the perfect fit.