Choosing a Loan Program
The right type of mortgage for you depends on many different factors.

Conventional Conforming Fixed Rate Mortgages
Conventional loans are secured by government sponsored entities or GSE's such as Fannie Mae and Freddie Mac. The current loan limit is $417,000.

Conventional Conforming Adjustable Rate Mortgages (ARM)
Conventional loans are secured by government sponsored entities or GSE's such as Fannie Mae and Freddie Mac. We use The London InterBank Offered (LIBOR) index to determine the interest rate for some types of ARMs. The current loan limit is $417,000.

Conventional Non-Conforming Fixed Rate and ARM Mortgages
Non-Conforming Mortgages (Also known as Jumbo Loans) exceed the current conforming loan limit of $417,000.

FHA Mortgages
An FHA insured loan is a Federal Housing Administration mortgage insurance backed mortgage loan which is provided by a FHA-approved lender. FHA insured loans are a type of federal assistance and have historically allowed lower income Americans to borrow money for the purchase of a home that they would not otherwise be able to afford. 

VA Mortgages
A VA loan is a mortgage loan in the United States guarenteed by the U.S. Department of Veterans Affairs (VA). The VA loan was designed to offer long-term financing to eligible American veterans or their surviving spouses.

USDA Home Mortgages
USDA Home Loans provide up to 100% financing for a home purchase or refinance. These loans are guaranteed by the USDA. There are many qualifying factors for a USDA home loan, things such as income limits and loan amounts may limit eligibility.