Loan Options at Secure Choice Lending

FHA Loans - For a Wide Range of Homebuyers

An FHA loan is a home loan the Federal Housing Administration insures. FHA loans offer a smaller down payment and lower closing costs, with more flexible lending standards that make homeownership accessible to a wider range of borrowers. FHA loans allow a down payment of as little as 3.5% on a mortgage. FHA loans are a popular choice for borrowers at all income levels, especially those who prefer more relaxed credit requirements compared to conventional loans.

• Relaxed credit qualifications
• Lowest required down payment
• Easiest to qualify
• Perfect for first-time home buyers

VA Loans - For Veterans and Active Military Members

A VA loan is a home loan the U.S. Department of Veteran Affairs insures and guarantees. A VA loan offers eligible borrowers the option to purchase a home with 0% down payment. Available to millions of veterans and active military members, VA loans are easier to qualify for than conventional loans. VA loans allow borrowers to qualify for 100% financing.

• 0% down payment
• No mortgage insurance premium
• Lower interest rates
• Relaxed credit qualifications

Conventional Loans - For Standard Homebuyers

A conventional loan is one of the most popular mortgage options available, offering competitive rates and flexible terms. With down payment options ranging from 3% to 20%, conventional loans are a great fit for a wide range of borrowers. Conventional loans provide more flexibility in loan amounts and property types, and private mortgage insurance is removed once you reach 80% loan-to-value.

• More streamlined process
• Reduced or NO mortgage insurance premium
• No mortgage insurance premium equals a lower payment
• Typically higher loan limits

Contact Secure Choice Lending at (951) 733-8925 or info@securechoicelending.com. NMLS #1689518.