Loan types

Featured resources

Stressed man holding glasses, indicating potential stress related to homeownership or finances.

4-minute read

VA loan forbearance: Everything you need to know

If you have a VA loan and are facing financial difficulties, your options extend beyond a VA loan forbearance. See how to catch up and what to do next.

An Indian woman on a laptop, potentially working or engaging in real estate-related activities online.

6-minute read

What are the pros and cons of FHA loans?

An FHA loan can be a great way to purchase a home, but FHA loans aren’t for everyone. Uncover the pros and cons of an FHA loan and whether one is right for you.

A happy young couple holding paper cups and looking at a smartphone, potentially depicting a lifestyle or social setting around a home.

4-minute read

FHA flipping rules: Guidelines and exceptions

FHA flipping rules restrict a borrower from financing a recently sold home with an FHA loan. Learn the current constraints and exceptions of FHA flipping rules.

Two men fixing drywall, potentially illustrating renovation or repair work being done inside a house.

8-minute read

VA renovation loan: The home improvement loan for veterans

Did you know you can bundle a home purchase and renovation costs into one loan with a VA Renovation loan? Find out if you qualify and how to apply.

Exterior view of a stucco home with architectural details and landscaping.

4-minute read

How do super conforming loans work?

Don't let high-cost housing markets stop your home buying dreams. See if a super conforming loan could be your key to unlocking homeownership.

Financial advisor consulting with a client, potentially discussing real estate investments or financial planning.

7-minute read

VA loan vs. conventional loan: What's the difference?

Conventional and VA loans are two different types of mortgages. Trying to decide which is best for you? Read our guide on VA loans vs. conventional loans.

Possibly a beach house with chairs on beach facing the ocean indicating a property intended for investment purposes.

5-minute read

VA loan for investment property: Can you use one?

VA loans can make homes more affordable for qualifying military personnel, but can you use a VA loan for an investment property or a second home? Get the answer.

A large brick home with a sprawling green lawn and well-tended landscaping.

5-minute read

USDA streamline refinance: Everything you need to know

A USDA Streamline Refinance lets eligible borrowers with little or no home equity refinance when interest rates fall. See the other benefits.

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4-minute read

Opening new doors to homeownership with a Jumbo Smart loan

Our Jumbo Smart loan simplifies the process of qualifying for a jumbo mortgage. Read on for details!

A country-style home with a wrap-around deck, showcasing its exterior and architectural design.

6-minute read

VA loan down payment requirements

VA loans have different down payment terms compared to other types of mortgage loans. Use this guide to learn about the requirements for VA loan down payments.

An older couple drinking tea in a garden, potentially illustrating a tranquil retirement or leisure setting.

4-minute read

Your guide to home repair grants: What is the Section 504 home repair program?

The USDA’s Section 504 Home Repair Program can be a vital lifeline for eligible homeowners in need of a loan or grant. Learn about how this program works.

A woman using a laptop at home, likely managing finances or exploring real estate options online.

5-minute read

Everything you need to know about the statement of service for VA loans

When applying for a VA loan, you’ll need to submit a statement of service. Learn more about the statement of service for VA loans and why it’s required.

Aerial view of Dupont Circle in DC, possibly showcasing a location or neighborhood for real estate discussions.

2-minute read

FHA announces lower mortgage insurance premiums for FHA loans

Learn more about the FHA reducing Mortgage Insurance Premiums and how it affects you.

An older couple spending time together, potentially in a home setting.

4-minute read

Single-purpose reverse mortgages: What you need to know

Wondering whether a single-purpose reverse mortgage may be right for you? Learn what it is and what the pros and cons of a single-purpose reverse mortgage are.

A person looking at his phone surrounded by boxes indicating he just moved into a new house or apartment.

3-minute read

VA non-allowable fees: What buyers don't have to pay

Non-allowable fees for a VA loan are costs that a buyer isn't responsible for paying. Learn what fees in a VA loan are non-allowable and why that is.

5-minute read

FHA or conventional: What's better?

FHA and conventional loans are two of the most popular loan types, but have different standards for credit score, down payment, and more. We’ll walk through what might work best for your circumstances.

6-minute read

Types of loans described

In this episode of The Red Desk, we’re going to go detail different types of loans, including conforming and nonconforming, jumbo, and more.

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