The Many Flavors of Home Loans
There are almost as many different types of loans as there are people. We offer lots of options and use a special computer-bidding program to shop the competition for the best rate available.
We’ll be happy to help you determine which loan is best for you and tell you the best rate we can find. Just give us a call at (916) 635-6737.
We’ve provided an overview of the various loan programs to help you get an idea of what’s available.
Types of Loans and Assistance Programs
LOANS:
1. Government Loans
a. FHA
b. VA
2. Conventional Loans
a. 30-Year Fixed
b. 15-Year Fixed
c. 7-Year
d. 5-Year
e. 3-Year
f. No-PMI (Private Mortgage Insurance)
- a. 80/15/5
- b. 80/10/10
3. Jumbo
4. PERS
5. Specialty Programs
a. Zero-Down Payment
b. Stated Income
c. No Income
d. No Assets
e. Poor Credit
Down Payment Assistance
1. California ACCESS
2. California GOLD
3. Nehemiah
4. County Grants
5. County Loans
First-Time Home Buyer
1. Mortgage Credit Certificates
2. Down-Payment Assistance
3. Grants
4. Loans
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