Conventional
As little as 3% downA broad range of fixed and adjustable options for primary homes, second homes, and investment properties.
- 15-, 20-, and 30-year terms
- PMI may be removable
- Strong fit for many borrowers
Loan options
The right structure matters as much as the headline rate.
Compare common programs by cash required, qualification profile, and long-term cost.
FHA
As little as 3.5% downGovernment-insured financing that can work well for first-time buyers and borrowers rebuilding credit.
- Flexible credit guidelines
- Gift funds may be allowed
- Mortgage insurance required
VA
0% down may be availableA powerful benefit for qualified veterans, active-duty service members, and eligible surviving spouses.
- No monthly PMI
- Competitive terms
- VA eligibility required
Jumbo
Custom structuresFinancing above conforming loan limits with options tailored to stronger income and asset profiles.
- Higher loan amounts
- Fixed and ARM options
- Reserves often required
A program is a starting point, not a verdict.
The least cash down is not always the lowest-cost choice. Mortgage insurance, rate, loan limits, seller concessions, reserve requirements, and future flexibility can change the answer. A useful comparison models more than one structure against the same purchase.
Compare my options