Types of Loans

Scroll down and you can see, there is a plethora of options that you are faced with. Each loan program has its benefits and disadvantages, that is custom-tailored to each type of buyer. Down payments, credit scores, income, profession, region, and even race, can influence which type of Mortgage would be best. 

Consulting with a mortgage advisor is invaluable for homebuyers faced with numerous options in the mortgage market. A Homestead Mortgage Advisor brings expertise and experience to the table, helping homebuyers navigate the complexities of different loan programs. With their in-depth knowledge, they can analyze a homebuyer's financial situation, goals, and preferences to provide personalized guidance. 

Conventional

FHA

VA

USDA

First Time Homebuyer

Down Payment Assiatnce

Land Loans

Construction

Commercial

Reverse Mortgage

Home Equity Line of Credit (HELOC)

Jumbo

Interest Only 

Balloon Loan

Fixed Rate Mortgage

Adjustable Rate Mortgage (ARM)

Bank-Statement Loan

Asset Depletion

Section 184 (Tribal)

Manufactured