A Federal Housing Administration (FHA) loan is a government-backed mortgage option that offers low down payment and flexible qualification criteria, making it accessible to a wide range of borrowers.

A conventional loan is a traditional mortgage not insured or guaranteed by a government agency. It typically requires a higher credit score and a larger down payment compared to FHA loans.

A VA loan is a mortgage option available to eligible veterans, active-duty service members, and some military spouses. It offers favorable terms, such as no down payment and competitive interest rates.

A USDA loan is designed for rural and suburban homebuyers with low to moderate incomes. It is backed by the U.S. Department of Agriculture and offers low or no down payment options.

A HELOC is a revolving line of credit secured by the equity in your home. Borrowers can draw funds as needed, repay, and borrow again during the draw period.