Conventional

A Conventional mortgage loan is a popular home financing option that is not backed by the government. These loans typically offer competitive interest rates and flexible terms, making them ideal for borrowers with good to excellent credit. Conventional loans come in various fixed and adjustable-rate options and can be used for primary residences, second homes, or investment properties. They often require a down payment as low as 3%, but larger down payments can help avoid Private Mortgage Insurance (PMI). This type of loan is a great choice for those looking for straightforward, reliable home financing.

VA

VA mortgage loans are a valuable benefit for eligible veterans and active-duty service members.  Backed by the Department of Veterans Affairs, these loans offer competitive interest rates, no down payment requirements, and no private mortgage insurance (PMI). Designed to make homeownership more accessible, VA loans provide flexible credit requirements and can be used for purchasing or refinancing a home. Whether you're buying your first home or refinancing an existing loan, VA mortgage loans can help you achieve your homeownership goals with favorable terms.

FHA

FHA loans are government-backed mortgages designed for first-time homebuyers and those with lower credit scores. These loans are insured by the Federal Housing Administration (FHA), offering more flexible qualification requirements, including a lower down payment (as low as 3.5%) and more lenient credit standards. FHA loans are an excellent option for borrowers who may not qualify for conventional financing but still want to achieve their dream of homeownership. They also offer competitive interest rates, making homeownership more accessible and affordable.

USDA

A USDA mortgage loan, backed by the U.S. Department of Agriculture, is designed to help low- to moderate-income buyers purchase homes in eligible rural areas with zero down payment. These loans offer competitive interest rates and low mortgage insurance premiums, making homeownership more accessible. Ideal for those seeking affordable home financing in qualifying rural and suburban regions, USDA loans provide an excellent opportunity to secure a home with minimal upfront costs.

Reverse/Home Equity Conversion Mortgage

A Home Equity Conversion Mortgage (HECM) loan, commonly known as a reverse mortgage, allows homeowners aged 62 and older to convert part of their home’s equity into cash. This type of loan provides financial flexibility, allowing seniors to supplement retirement income, pay off existing mortgages, or cover healthcare costs. Unlike traditional mortgages, no monthly payments are required, and the loan is repaid when the homeowner sells the home, moves out permanently, or passes away. HECM loans are insured by the FHA, ensuring a secure and reliable option for eligible homeowners.

Jumbo

Jumbo loans are designed for homebuyers looking to finance properties that exceed the conforming loan limits set by Fannie Mae and Freddie Mac. Ideal for purchasing luxury homes or high-value properties, jumbo loans offer flexible terms and competitive rates. These loans provide the necessary financing for buyers looking to make significant investments in premium real estate markets. Whether you're upgrading to your dream home or investing in a high-end property, a jumbo loan can help you secure the funds you need.

Construction

A Construction Mortgage Loan is designed to help you build your dream home from the ground up. Unlike traditional mortgages, this loan provides funds in stages as your construction progresses, ensuring you have the capital needed for each phase of your project. With flexible terms and competitive rates, a Construction Mortgage Loan offers the financial support and peace of mind to turn your vision into reality. Whether you're building a custom home or renovating an existing property, this loan is tailored to meet your unique needs, helping you navigate the complexities of construction with ease.

203k Rehab Loans

A 203k Rehab Loan is a versatile mortgage option that allows homebuyers and homeowners to finance both the purchase (or refinance) of a home and the cost of its renovation through a single loan. Ideal for properties in need of updates or repairs, this FHA-backed loan provides a convenient way to invest in your home while spreading the costs over time. Whether you're looking to modernize a fixer-upper or make necessary repairs, a 203k Rehab Loan offers the flexibility and financial support to transform your vision into reality.

Manufactured

Manufactured Home Construction Loans are designed for those looking to finance the construction of a manufactured home, offering flexible terms and competitive rates. Whether you're purchasing land and building from the ground up or moving a pre-existing manufactured home, our mortgage solution supports your unique needs. Enjoy a streamlined process with personalized guidance every step of the way, ensuring your path to a new home is smooth and stress-free. Build your future today with confidence and ease.

Agricultural Lending

Our financing programs are flexible to meet the needs of multiple types of clients with a variety of hobby farm loans, rural residential loans, and full-time farm loans. Rural property financing and helping customers achieve their long-term goals is what motivates us at Loan Fox Inc. Whether you are at the beginning of your agricultural journey or somewhere in the middle, Loan Fox Inc. and our partner, United Ag Lending, provides financing to meet you where you are.