Loan Options Overview

Compare common mortgage programs available to homebuyers. Rates shown are current national averages adjusted by loan type.

Down payment assistance programs available through select lenders. Ask about eligibility during your personalized analysis.

Know Your Rights as a Homebuyer

Before working with any mortgage professional — including me — make sure you understand your rights and have access to unbiased resources.

Questions to Ask Any Loan Officer

Before you commit to working with anyone — including me — ask these questions:

1. Are you a broker or a direct lender? Brokers shop multiple lenders; direct lenders offer only their own products.
2. How are you compensated? Understand whether you're paying origination fees, lender credits, or yield spread premiums.
3. Can I see a Loan Estimate before committing? By law, you're entitled to a Loan Estimate within 3 business days of applying.
4. What are all the costs — not just the rate? Compare APR, closing costs, points, and total cost of the loan over time.
5. Is there a prepayment penalty? Most modern loans don't have one, but always ask.
6. What programs am I eligible for? FHA, VA, USDA, conventional, down payment assistance — a good LO explores all options.
7. Can you explain this in my language? If you're more comfortable in Spanish (or any language), you deserve clear communication.