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.
First Time Homebuyer
First Time Homebuyer
Down Payment Assiatnce
Down Payment Assiatnce
Land Loans
Land Loans
Construction
Construction
Commercial
Commercial
Reverse Mortgage
Reverse Mortgage
Home Equity Line of Credit (HELOC)
Home Equity Line of Credit (HELOC)
Jumbo
Jumbo
Interest Only
Interest Only
Balloon Loan
Balloon Loan
Fixed Rate Mortgage
Fixed Rate Mortgage
Adjustable Rate Mortgage (ARM)
Adjustable Rate Mortgage (ARM)
Bank-Statement Loan
Bank-Statement Loan
Asset Depletion
Asset Depletion
Section 184 (Tribal)
Section 184 (Tribal)
Manufactured
Manufactured