Home Mortgage Loan Options | Better Lending

The Latest Primary Mortgage Rates

Competitive to get you the best value on a refinance or purchase of a new mortgage loan.

The Perfect Loan Built for You

Conventional Loan Blue House

Conventional Loan

A conventional loan is the type most people are familiar with and they are offered by most lenders. These loans often follow the guidelines for down payments and income set by two institutions that are sponsored by the U.S. Government: Fannie Mae and Freddie Mac.

FHA Loan

Jumbo loans are a type of nonconforming conventional loan.

These loans are for those who want to borrow more than the conforming loan servicing limit permissible in their geographical area.

FHA Loan House with Yard
Jumbo Loan Giant House

Jumbo Loan

Jumbo loans are a type of nonconforming conventional loan. These loans are for those who want to borrow more than the conforming loan servicing limit permissible in their geographical area.

USDA Loan

USDA loans are an excellent option for homebuyers who prefer to live in a rural setting. This program, which is administered by the United States Department of Agriculture, assists approved lenders in providing low- and moderate-income households the chance to own adequate, decent, and safe dwellings as their primary residence in eligible rural areas.

USDA Loan Front of House
VA Loan American Flag in front of House

VA Loan

Much like FHA loans, VA loans are insured by the government. However, they are only available to current members of the Armed Forces or veterans of the Armed Forces (which includes the Reserves and National Guard). The reason is that the U.S. Department of Veterans Affairs is the government agency responsible for insuring these loans. This program has helped millions of members of the U.S. military buy a home ever since its inception in 1944.

The Latest Primary Mortgage Rates Breakdown

Conventional FHA FHA Streamline VA VA Streamline Jumbo USDA USDA - Streamline Assist
Income Documents Needed Needed Not Needed Needed Not Needed Needed Needed Not Needed
Appraisal Needed (Waiver Available)* Needed Not Needed Needed Not Needed Needed Needed Not Needed
Yearly Terms 10, 15, 20, 25, 30 Any (min. 10) Any (min. 10) Any (min. 10) Any (min. 10) 10, 15, 20, 25, 30 Any (min. 10) Any (min. 10)
Min Down Payment 3% 3,50% N/A 0% N/A Please Call 0% N/A
Min Credit Score 620 620 620 620 620 Please Call 500 500
Cashout from Equity Up to 95% of the Value Up to 97.5% of the Value N/A Up to 100% of the Value N/A Please Call None N/A

Ready to Apply?

Checkmark Online Computer

Apply Now Apply Now

Chat Bubble

Chat Now Chat Now

Phone Call

Call Us Call Us

Get a Call

Get a Call Get a Call

Related Resources