Conventional Loan
Mortgage financing is provided by non-government-sponsored lenders. A conventional mortgage, also known as a conforming mortgage, follows the criteria established by Fannie Mae and Freddie Mac.
Conventional loans offer favorable terms, including fixed or adjustable rates, flexible repayment options, down payments as low as 3%, competitive interest rates, and typically require a minimum credit score of 620. Additional conditions may apply.
FHA/VA Loan
FHA loans are a suitable choice for borrowers with lower credit scores and low-to-moderate income, as they typically demand a lower minimum down payment compared to many conventional loans.
VA loans are designed for veterans and active-duty service members, offering flexible approval criteria, payment plans, low down payments, and competitive interest rates.
Bridge Loan
Bridge loans are designed to provide temporary financing during a transition period, particularly in real estate.
Help homeowners who want to buy a new property but have not yet sold their current property.
Commercial Loan
Commercial loans are designed to help businesses meet various financial needs, such as purchasing equipment, buying or renovating real estate, expanding operations, or covering short-term cash flow gaps.
The information generated by this calculator serves solely for comparison purposes, and its accuracy cannot be guaranteed. We cannot ensure the accuracy of any data or inputs provided by users of the software.
Please be aware that this calculator does not offer pre-qualification for any loan program. It is imperative to independently confirm your eligibility for loan programs with one of our Loan Consultants. Qualification for loan programs may require additional details, such as credit scores and cash reserves, which are not captured by this calculator.
Moreover, details such as interest rates and pricing are subject to change without prior notification. Additional charges, such as HOA dues, are not included in the calculations. All estimates provided by this calculator, including interest rates, taxes, insurance, PMI payments, etc., are intended for comparison purposes only.
We cannot guarantee the accuracy or reliability of any information obtained from this calculator. It is advisable to use this tool as a reference and seek personalized advice from a professional loan consultant.
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