Loan Products

I offer many types of residential mortgage loan products including Conventional, FHA, VA, Jumbo, and First-time home buyer programs. Whether you’re purchasing a new home or refinancing your existing one, I can help to find the best option for you.

  • Non Conforming (Non-Warrantable) Condominium loans are available with our portfolio loan with down payments as low as 5% of the purchase price.  If your considering purchasing a condominium make me your first call!  I can finance projects not approved for conventional or FHA lending
  • Conventional loans refer to those types of loans that conform to Fannie Mae and/or Freddie Mac guidelines. Conventional loans are often available with as little as 3% down payment or equity. If there’s less than 20% down payment or equity in the home, PMI (or private mortgage insurance) is typically required. Conventional loans can be made in the central Ohio market for loan amounts up to $417,000 and require a minimum credit score of 620 (higher credit scores required if PMI is required).
  • FHA loans are government-backed mortgages that can be made with as little as 3.5% down payment or equity. Mortgage insurance is always required to be paid on an FHA loan regardless of the down payment or equity percentage. FHA loans can be made in the central Ohio market for loan amounts up to $341,250 and most lenders I work with require a 640 credit score.
  • VA loans are government-backed mortgages that can be made with as little as 0% down payment and do NOT require mortgage insurance. It is one of the few “no money down” options left these days. VA loans, however, require a VA funding fee to be paid in most cases which is allowed to financed into the loan amount. To be eligible for a VA loan, the borrower must have Department of Veterans Affairs (VA) eligibility.
  • Jumbo loans are loans in an amount that exceeds Fannie Mae and Freddie Mac’s conforming loan limits (currently at $417,000). Because Fannie Mae and Freddie Mac will not purchase these larger loans, guidelines are typically a little more restrictive and these larger-type of loans may have slightly higher interest rate options available.