Because every customer is different, we provide a large variety of customized home loan programs including refinance and home purchase options.
To determine the best kind of loan for your unique needs, be sure to discuss your home loan options with one of our Loan Officers.
Our Secure Funding Loan Officers are specially trained to meet your individual needs, so you are able to achieve your financial goals. When you fill out an application, your Loan Officer meets with you one-on-one. That way you’ll get to know us, and we’ll get to know you. Then your Secure Funding Loan Officer can work effectively with you to design a program best suited to meet your specific financial needs. In this section, you’ll find definitions of many types of home loans.
Your home loan is a large – and often long-term – financial commitment so it makes sense to get it right first time. What’s right for you will depend on a range of factors including the size of the loan you require, the property you intend to purchase, the deposit you have and your lifestyle. Your Secure Funding mortgage broker can help you compare rates, loan features, fees and charges to help you secure the right home loan for your needs. Secure Funding brokers have access to more than 800 home loan products and will help you compare home loan interest rates, fees and charges to ensure you get the best home loan deal for your financial situation.
HARP is a Mortgage Refinance Loan that is designed to help homeowners, who have not been late on their mortgage payments and who have been denied loans because of their declining property values, get a new more affordable, more stable mortgage without the Property Value limitations.
FHA Loan is a Mortgage Loan that is insured and backed by the Federal Housing Administration. This loan is often used by First Time Homebuyers since the program has low down payment and flexible credit requirements.
FHA Streamline is a Refinance Loan Program that is designated to reduce an existing FHA loan’s current Interest Rate, Loan Term or both. Typically this loan does not require borrower’s to provide income qualifications or a property Appraisal.
VA Loan is a mortgage loan that is guaranteed by the U.S. Department of Veterans Affairs. This loan is designated for eligible American Veterans or their surviving spouses and offers 100% financing with no mortgage insurance to the borrowers.
VA IRRRL is a Refinance Loan Program that is designated to reduce en existing VA loan’s current Interest rate, Loan Term or both. Typically this loan does not require borrower’s to provide income qualifications or a property Appraisal.
A Conventional Loan is a Mortgage Loan that is not insured or guaranteed by any Government Agency. Conventional loans adhere to Fannie Mae guidelines and typically require excellent credit and larger down payment. Unlike FHA and VA Loans, Conventional loans can be used to finance a primary residence, a second home, or an investment property.
USDA is a mortgage loan that offers 100% financing in rural areas and is guaranteed by the United States Department of Agriculture. USDA loans and have low interest rates and have flexible underwriting guidelines and can be used for Purchase or Refinance transactions.
CalHFA is a First Time Homebuyer loan that is can be used as a First Mortgage Loan or as a Down Payment Assistance Loan. CalHFA loans have eligibility requirements based on Income, Household members, and County Limits.