Types of loans
Every major loan program, compared properly.
Which one fits depends on your situation, not on which product a bank happens to be selling this month.
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Conventional Loans
Competitive rates, flexible terms and low monthly payments for buyers with good credit and steady income.
Best for First-time and repeat buyers with solid credit
- As little as 3% down for qualified first-time buyers
- No mortgage insurance once you reach 20% equity
- Fixed and adjustable terms from 10 to 30 years
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FHA Loans
Government-backed financing built for buyers with limited savings or a shorter credit history.
Best for First-time buyers and anyone rebuilding credit
- 3.5% down payment
- More flexible credit guidelines than conventional
- Gift funds allowed toward the down payment
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VA Loans
Financing for veterans, active-duty service members and eligible surviving spouses.
Best for Veterans and active-duty military
- 100% financing, no down payment required
- No monthly mortgage insurance
- Reusable benefit you can draw on more than once
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USDA Loans
Zero-down financing for eligible homes in rural and many suburban areas across the Carolinas.
Best for Buyers outside the metro core
- No down payment for eligible properties
- Flexible credit requirements
- Much of Cabarrus and the surrounding counties qualify
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Jumbo Loans
Financing for homes priced above conforming loan limits, with underwriting handled personally.
Best for Higher-value purchases
- Loan amounts above the conforming limit
- Competitive rates on larger balances
- Underwriting that accounts for complex income
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DSCR Loans
Investment property financing that qualifies on the rental income the property produces, not on your personal tax returns.
Best for Real estate investors and self-employed buyers
- Qualifies on property cash flow, not personal income
- No tax returns or employment verification required
- Build a portfolio without hitting conventional loan limits
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First-Time Buyer Programs
Low down payment loans, grants and flexible approval paths for buyers purchasing their first home.
Best for Anyone buying their first home
- Down payment assistance and grant programs
- Low down payment options across several loan types
- A walkthrough of every step, in plain language
FAQ
Common questions
How do I know which loan program is right for me?
That is the conversation, and it is free. The right program depends on your down payment, your credit history, whether you have served in the military, where the property is, and what you want your payment to look like. We walk through the options together rather than pointing you at a form.
What is the difference between a mortgage broker and a bank?
A bank can only offer you its own loan products. As an independent brokerage, we compare programs across many lenders and bring you the ones that fit. If one lender treats your income or credit situation unfavorably, we can go to another.
Can I qualify for more than one program?
Often, yes, and they will not cost the same over time. A buyer who qualifies for both FHA and conventional financing may find one is meaningfully cheaper depending on their credit and down payment. Comparing them properly is the point of working with a broker.
Does checking my options affect my credit?
An initial conversation does not require a credit pull. When you are ready to move toward a pre-approval, we will discuss exactly what happens and when before anything is run.
Let's find out what you qualify for.
Start with a conversation. If it makes sense to go further, we will, and if it does not, you will know that too.