Loan types

Understand the different loan types to figure out which ones might be right for you.

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Featured story 6-MINUTE READ

15-year vs. 30-year mortgage comparison

Adjustable rate mortgage tips

Learn why some buyers opt for a loan with a changing mortgage rate

FHA loan tips

Learn how FHA loans can make home buying more affordable

Fixed rate mortgage tips

Learn how this popular loan type works and what to expect

Home equity loan tips

Learn how to leverage your home equity with a home equity loan

Jumbo loan tips

Learn about your options for loans that exceed conforming loan limits

VA loan tips

Learn about the incredible benefits VA loans offer for service members

Additional loans

Learn about less common types of mortgages and whether they're right for you

Loan comparisons

Learn how different types of mortgages stack up

Featured resources

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8-minute read

What is Fannie Mae HomePath?

Fannie Mae HomePath is a program that helps home buyers purchase distressed and foreclosed homes at potentially lower prices. See if it’s right for you.

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6-minute read

USDA loan closing costs: What they cover and how to pay them

Learn about USDA loan closing costs, what they include, who pays them, and how to roll them into your loan or get them covered so you can leverage this loan.

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3-minute read

What is the Section 504 Home Repair program?

The USDA’s Section 504 Home Repair program can be a vital lifeline for eligible homeowners who are in need of a loan or grant. Learn how this program work...

A red house with a small patio, showcasing a residential property with distinct exterior color and design.

11-minute read

Land contracts: What they are and how they work

Land contracts are a form of seller financing where the seller holds the title while the buyer makes payments. Learn how they work and whether they're right for...

A quaint, grey urban home with a neatly trimmed lawn and a front porch adorned with potted plants.

6-minute read

What are the FHA loan down payment requirements?

FHA loans require a 3.5% down payment with a 580 credit score and 10% down with a 500 score. Explore how FHA loan down payment requirements work.

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6-minute read

What are conforming loans and what do they mean to borrowers?

Conforming loans comply with Fannie Mae and Freddie Mac rules and are thus eligible for purchase and resale to investors. Find out what that means for you.

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