Loan Products

Which Kind of Loan Fits You?

You probably know that toy bricks come in different shapes and sizes. The same concept can be applied to home loans. These different types of home loans can suit various situations and are designed for individuals depending on background, finances and preference. When you reach out, we can help you decide which loan works for your situation.

Conventional Loans

  • Purpose: Your traditional home loan for well-qualified borrowers with various down payment options.
  • Pros: Access to higher loan amounts, competitive interest rates and the ability to avoid mortgage insurance at certain loan-to-value ratios.

FHA Loans

  • Purpose: This is a government-backed loan that can make it easier to get a home loan.
  • Pros: Typically has less stringent requirements than conventional loans.

VA Loans

  • Purpose: Available for military service members and/or spouses provided you meet the eligibility guidelines.
  • Pros: No money down for the down payment and no mortgage insurance required is a big advantage to using this loan program.

USDA Loans

  • Purpose: Available within qualified rural areas (see map to see if you qualify) for eligible residents.
  • Pros: USDA Loans are great for a lower or no up-front down payment.

Jumbo Loans

  • Purpose: Loan amounts exceeding FHFA limits.
  • Pros: Great for financing high-end properties.
Have the Kick Butt Mortgage Team crunch your numbers and help you choose your best loan program

Southwest Funding - Branch 1208

  • 360 Central Ave Suite 800,
    Room 839 Saint Petersburg, FL 33713
  • Phone: 727-914-9758
  • NMLS: 32139
  • Individuals NMLS: 1277170
Powered by Southwest Funding, LP., NMLS 32139. Southwest Funding, LP is an equal housing lender. This is not a commitment to lend or extend credit. Programs, rates, terms and conditions are subject to change without notice. Terms and conditions apply. All rights reserved. Contact us for details.
Copyright © 2020 Kick Butt Mortgage Guy and its licensors. All rights reserved.
Close Menu