Loan Programs
Compare Conventional, Government Backed, or Non-QM —clearly and confidently.
Use this page to understand the most common mortgage programs, what they’re designed for, and how to choose the best fit for your goals. Want a quick recommendation? I’ll walk you through options based on your scenario.
Start here
The three core loan programs
Most buyers start by comparing these programs. Each has different down payment expectations, mortgage insurance rules, and eligibility guidelines.
Non-QM Bank Statements
Non-QM loans offer flexible financing for borrowers who don’t fit the rigid criteria of traditional agency mortgages. These programs prioritize your actual ability to pay over a standard W-2. They are the ideal solution for self-employed entrepreneurs and real estate investors looking for a common-sense approach to lending.
How to choose
A simple way to pick the right program
Start with your eligibility, then compare monthly payment, cash-to-close, and long-term cost. Here’s a practical framework I use with clients.
Step 1: Confirm eligibility & goals
We’ll look at occupancy (primary vs. investment), veteran eligibility, credit profile, and your timeline. Then we define what matters most: lowest payment, lowest cash-to-close, or fastest path to closing.
Step 2: Compare down payment & cash-to-close
Down payment is only part of the picture. We’ll estimate closing costs, prepaid items, and potential seller credits so you can plan your funds with fewer surprises.
Step 3: Compare mortgage insurance & pricing
FHA and Conventional handle mortgage insurance differently, and VA typically has no monthly MI. We’ll compare rate, MI, and APR to understand true monthly cost.
Step 4: Match the program to the property
Some programs have appraisal or condition requirements. We’ll align the loan program with the home type, condo approval status, and any needed repairs so the transaction stays on track.