Loan programs
Mortgage Loan Programs
Whether you’re buying, refinancing or tapping your equity, we compare programs from a wide network of lenders to find the loan that fits you.
Your goal
What would you like to do?
- Home purchase Get pre-qualified, compare programs and buy with confidence. Learn more
- Refinance Change your rate, term or loan type when the numbers make sense. Learn more
- Cash-out refinance Turn your home equity into cash for renovations or debt payoff. Learn more
- First-time buyers Guidance and assistance programs in Virginia, Maryland and DC. Learn more
Loan types
Find the program that fits
- Conventional loans Fixed- or adjustable-rate financing for purchases and refinances. Learn more
- FHA loans Flexible credit guidelines and a low down payment. FHA Streamline refinances available. Learn more
- VA loans For eligible veterans, service members and surviving spouses. Learn more
- Jumbo loans Financing for higher-priced homes above conforming loan limits. Learn more
- HELOC A revolving line of credit against your home equity, to draw from as needed. Learn more
- Home equity loan One lump sum against your home equity, usually at a fixed rate. Learn more
- Non-QM loans Flexible ways to qualify for self-employed borrowers and investors. Learn more
Compare loan types at a glance
| Feature | Conventional loans | FHA loans | VA loans | Jumbo loans |
|---|---|---|---|---|
| Best for | Borrowers with solid credit | Flexible credit; first-time buyers | Eligible veterans and service members | Higher-priced homes |
| Down payment | Low-down-payment options available | Low down payment | No down payment for eligible borrowers | Usually larger |
| Mortgage insurance | PMI with a smaller down payment; can be removed | Upfront and annual premiums | None (one-time funding fee instead) | Usually none |
| Credit flexibility | Moderate | High | High (lender standards apply) | Strict |
| Property types | Primary, second and investment homes | Primary residence only | Primary residence only | Varies by lender |
A general overview. Program guidelines vary by lender and borrower, and all loans are subject to credit approval.
Not sure which loan fits?
Tell us about your goals and we’ll compare your options side by side, with no obligation.