Purchase a Home
Finding the right loan solution
Match the loan to your goals.
The right loan depends on your goals, not just the lowest advertised rate. We compare programs side by side so you can see the full cost.
Questions we help you answer
- How long will you keep the home? This affects whether paying points or choosing an adjustable rate makes sense.
- How much do you want to put down? A larger down payment lowers your loan amount and may remove mortgage insurance.
- What monthly payment is comfortable? We include taxes, insurance and HOA dues, not just principal and interest.
- Fixed or adjustable? A fixed rate keeps your principal and interest payment the same. An adjustable rate may start lower and change later.
- Do you qualify for a special program? VA, USDA and first-time buyer programs can lower your upfront costs.
Compare programs
| Program | Best for | Minimum down payment |
|---|---|---|
| Conventional | Buyers with solid credit | 3% for eligible first-time buyers |
| FHA | Lower down payment, flexible credit | 3.5% with qualifying credit |
| VA | Eligible veterans and service members | 0% for eligible borrowers |
| USDA | Eligible rural and suburban areas | 0% for eligible borrowers |
| Jumbo/Non-QM | High balances, self-employed, investors | Varies by program |
Program terms change. Eligibility, down payment and terms depend on borrower qualifications, property type and lender guidelines.