These loans are not a part of a government program and come in all shapes and sizes. Conventional loans are broken down into conforming and nonconforming loans, depending on whether or not they follow the guidelines set by Fannie Mae and Freddie Mac.
Hello! Are you looking to buy a home or refinance your loan?
Make it home. Make it a SuperLoan.
Which Home Loan Is Right for You?
Buy a HomeLet’s see together.
Get Pre-Approved &
a Customized Quote
Buying a Home: Loan Options
When purchasing a home, get a loan that meets your needs.
SuperLoans is here to guide you and support you every step of the way.
Conventional Loans
Fixed-Rate Mortgage Loans
If you plan on staying in your house for an extended period of time, sleep tight knowing you’ll have the security of a steady payment amount. Plan your budget around a regular mortgage payment at a low interest rate that will remain constant throughout the term of your loan.
FHA Loans
An FHA loan provides a government-insured loan with flexible loan options. These loans may be ideal for first-time homebuyers trying to put down as little money as possible, homeowners searching for straightforward refinance choices, and borrowers with less-than-perfect credit.
VA Loans
Exclusively for veterans and their surviving spouses. Finance up to 100% of the value of your new house with no money down and no private mortgage insurance, or refinance your property with minimal paperwork.
“Reverse Mortgage” Loans*
Like a traditional mortgage, a HECM/Reverse Mortgage loan lets you borrow money while using your home as collateral. With a Reverse Mortgage loan, the title to your property remains in your name, just like with a standard mortgage. However, unlike a typical mortgage, you don’t make monthly mortgage payments with a reverse mortgage loan. Each month, interest and fees are added to the unpaid principal balance, which causes it to rise. When you no longer reside in your home, the loan is repaid. The HECM is a special type of home loan only for homeowners who are 62 and older.
Jumbo Loans
Jumbo and Super Jumbo loans can provide loan amounts above the regulated loan limits of conforming loans.
Renovation Loans
These loans not only help you finance your home but also cover upgrades, improvements, and repairs in your house, possibly helping you build equity along the way.
USDA Loans
Purchase or refinance property in a rural area (as defined by the United States Department of Agriculture). USDA loans are available to borrowers with low or moderate income and provide financing up to 100% of the property value .
Self-Employed Loans
It's difficult to estimate your annual income when your monthly income fluctuates, but that shouldn't prevent you from purchasing a home. Purchase or refinance your home using your bank statements in lieu of your pay stubs and W2s.
Down Payment Assistance Programs
Paying the upfront down payment and loan closing costs may be challenging for first-time homebuyers. Ask us about our down payment assistance programs, which may offer cash grants, low-rate loans, or tax incentives to eligible homebuyers.
Investment Loans
Acquire, build, or improve properties with an investment loan. There are various options available depending on your needs and qualifications.
*SuperLoans is a DBA of American Financial Network, Inc. American Financial Network, Inc. is not acting on behalf of, or at the direction of the federal, state, or any of their agencies, and this offer is not being made by an agency of the government. Borrower aged 62 and over may qualify for a reverse mortgage loan program on their primary residence, based upon the property’s current equity. The borrower may choose to receive loan proceeds in one lump sum, or over regularly scheduled intervals. There are no monthly payments required so long as the borrower occupies the property as their principal residence, ensures the condition of the property is maintained to FHA standards, and remains current on all taxes (i.e., property tax), insurance (i.e., hazard) dues (i.e., homeowner association dues), and other costs separate from the reverse mortgage itself. The loan is due and payable when the borrower vacates or sells the property. Borrower must complete counseling with a government certified counselor before applying. Borrower should address questions concerning taxes, Social Security, Medicare, and other related matters to professionals in those fields.
