Mortgage Loan Programs and Eligibility Requirements

A comparison of available loan programs - conventional, FHA, VA, USDA, jumbo, HELOC and specialty financing - with the credit, down payment and property rules that decide which one fits.

VA loans typically offer competitive rates and more flexible underwriting, making them one of the strongest home-financing benefits available to those who served.

Benefits of a VA loan

• $0 down payment for qualifying borrowers
• No monthly private mortgage insurance (PMI)
• Competitive interest rates
• Limits on certain closing costs a veteran can be charged
• Reusable benefit — it can be used more than once

What to consider

• A one-time VA funding fee usually applies (it can often be financed)
• A Certificate of Eligibility (COE) is required — we can help you obtain it
• The home must be your primary residence

Ready to explore va loans? Ciaara Hoffmann can walk you through eligibility, compare options, and get you pre-approved in Alaska and 19 more states.

Ciaara Hoffmann, Mortgage Loan Officer at Zillow Home Loans, LLC. NMLS #1976131. Call (909) 217-5510.

• Conventional loans for strong credit and steady income
• FHA loans with flexible credit and low down payment
• VA loans with no down payment for eligible veterans
• USDA loans for eligible rural and suburban properties
• Jumbo, DSCR, bank statement and bridge financing