Loan Options

➜ Fixed

A loan in which the interest rate does not change during the entire term of the loan.  If you are planning to stay in your home long term, find assurance in knowing you will have the stability of a consistent payment that never changes no matter what may change in your personal life.


An adjustable rate mortgage (ARM) is a type of mortgage in which the interest rate applied on the outstanding balance varies throughout the life of the loan. Normally, the initial interest rate is fixed for a period of time, after which it resets periodically, often every year or even monthly.

➜ Conventional

A conventional loan is not backed by a government agency and falls within maximum limits set by Fannie Mae or Freddie Mac.  The current conforming limit is $484,350 for most of the United States. In areas with higher housing prices like Orange County California, a loan is considered jumbo if it exceeds $726,525.


An FHA loan is a government insured loan with less strict credit requirements and qualifications. Only 3.5% down payment is required for FICO scores of 580 and above.  FHA Jumbo is also available and allows for higher loan amounts.

➜ VA

A VA loan is guaranteed by the US Department of Veterans Affairs. The program is for American veterans, military members currently serving in the U.S. military, reservists and select surviving spouses. 100% financing is available.  VA Jumbo is also available and allows for higher loan amounts.

➜ Jumbo

A Jumbo loans provide financing for loan amounts that are larger than conforming loan limits set by Fannie Mae and Freddie Mac.

➜ Home Equity Line (HELOC)

An equity line of credit, also known as a home equity line of credit, or HELOC, is a loan secured by a second mortgage which allows homeowners to borrower against the equity in their home.


A USDA loan is a zero down payment mortgage for eligible homebuyers in rural and suburban areas that are within the specified income limits.

➜ Down Payment Assistance

A Down Payment Assistance loan is issued by state and local authorities who subsidize the cost of becoming a homeowner for those who meet certain income requirements.  These programs offer down payment and/or closing cost assistance.

➜ Reverse

A Reverse Mortgage is a loan available to seniors age 62 and older.  It allows homeowners to convert their home equity into cash income with no monthly mortgage payments.