Loan Options
We work with multiple lenders to find the loan that best fits your goals and financial situation.
At Mortgage Enterprises, we have access to a wide variety of loan programs to meet the needs of every borrower. Whether you're a first-time homebuyer, a veteran, or looking to refinance, we'll help you compare options and choose the right fit — all in one place.
Conventional Loans
Conventional loans are the most common type of mortgage and are not backed by the government. They typically require a higher credit score and down payment but offer competitive interest rates and flexible terms.
- ✓Fixed or adjustable rates
- ✓Down payments as low as 3%
- ✓No upfront mortgage insurance with 20% down
- ✓Loan terms from 10 to 30 years
FHA Loans
FHA loans are insured by the Federal Housing Administration and are ideal for first-time homebuyers or those with less-than-perfect credit. They offer lower down payment requirements and more flexible qualification standards.
- ✓Down payments as low as 3.5%
- ✓More flexible credit requirements
- ✓Competitive interest rates
- ✓Great for first-time buyers
VA Loans
VA loans are available to eligible veterans, active-duty service members, and surviving spouses. They are guaranteed by the Department of Veterans Affairs and offer outstanding benefits with no down payment required.
- ✓No down payment required
- ✓No private mortgage insurance (PMI)
- ✓Competitive interest rates
- ✓Flexible credit requirements
USDA Loans
USDA loans are backed by the U.S. Department of Agriculture and are designed for eligible rural and suburban homebuyers. They offer 100% financing with no down payment for qualified borrowers.
- ✓No down payment required
- ✓Low mortgage insurance rates
- ✓Competitive fixed interest rates
- ✓Available in eligible rural areas
Refinancing
Refinancing replaces your existing mortgage with a new loan, often at a lower interest rate or with better terms. Whether you want to lower your monthly payment, shorten your loan term, or access your home's equity, we can help.
- ✓Rate-and-term refinancing
- ✓Cash-out refinancing
- ✓Streamline refinancing options
- ✓Reduce monthly payments
Jumbo Loans
Jumbo loans are for home purchases that exceed the conforming loan limits set by Fannie Mae and Freddie Mac. These loans are ideal for buyers purchasing higher-priced properties in competitive markets.
- ✓Loan amounts above conforming limits
- ✓Competitive rates for qualified borrowers
- ✓Fixed and adjustable rate options
- ✓Primary, secondary, and investment properties
Not Sure Which Loan Is Right for You?
We'll walk you through your options and help you make the best decision for your situation. Contact us today for a free, no-obligation consultation.