Guaranteed by the Department of Veterans Affairs, these loans offer favorable terms and no down payment for eligible veterans, active-duty service members, and certain members of the National Guard and Reserves. 

Best For: Veterans and active-duty military personnel.

Backed by the U.S. Department of Agriculture, these loans are for rural property buyers and offer low interest rates and no down payment. 

Best For: Buyers looking to purchase a home in a rural or suburban area that have higher credit scores and low debt to income ratios.

Available to homeowners aged 62 and older, these loans allow you to convert part of your home equity into cash without selling your home. The loan is repaid when the homeowner moves out or passes away. 

Best For: Seniors looking to supplement their retirement income and can be used to purchase a home too!

These loans finance the construction of a new home and convert to a permanent mortgage once the construction is complete, eliminating the need for two separate loans. 

Best For: Individuals building a new home and those that want less costs and hassle of multiple transactions.

A revolving line of credit secured by your home’s equity, allowing you to borrow as needed up to a certain limit. Interest is paid only on the amount borrowed. 

Best For: Homeowners needing flexible access to funds for home improvements, education, or other expenses.

A loan that allows you to borrow a lump sum against your home’s equity, typically with a fixed interest rate and repayment term. 

Best For: Homeowners needing a specific amount of money for a one-time expense.

These programs provide grants or low-interest loans to help with the down payment and closing costs, making homeownership more accessible. May be used with Conventional, FHA, VA and USDA loans.  

Best For: First-time homebuyers or those needing financial assistance to cover down payment and closing costs.

These are non-conforming loans that exceed the local county conventional loan limits. They are designed for high-value properties and typically require a higher credit score, a larger down payment, and lower debt-to-income (DTI) ratios. However, they offer competitive interest rates and flexible terms for qualified borrowers. 

Best For: Borrowers looking to finance luxury homes or properties in high-cost areas, and those with strong credit profiles and the ability to manage larger down payments and lower DTI ratios.