Discover the Different Types of Loan Options
Whether you need help with choosing a loan option
Or getting through the process, we have you covered. NW Mortgage Loan will go above and beyond to provide you with the best solutions.
This is a conventional mortgage in 15- or 30-year terms. The rate never changes and it is the most popular.
Federal Housing Administration (FHA) Loan
The FHA loan is available for a lower down payment than a traditional mortgage. This program is typically for families with lower incomes.
Veterans Affairs (VA) Loan
If you are a military veteran or still in active service, you may qualify for this type of loan. This can be used to purchase or refinance a house you can call your own.
This program is for those who are self-employed with no W2 requirement for application. The self-employed loan can be used for a purchase or refinance with a slightly higher down payment.