Every buyer's situation is different. We'll help you find the right mortgage for your goals, budget, and timeline.
At a Glance
Compare all available loan programs side by side.
| Loan Type | Down Payment | Terms | Mortgage Insurance |
|---|---|---|---|
| Fixed Rate / Conventional | 5% | 15 or 30 years, fixed | No (if <80% LTV) |
| FHA Home Loans | 3.5% | 10, 15, 20, 25 or 30 years, fixed & adjustable | Yes |
| VA Home Loans | None | 15, 20, 25 or 30 years, fixed & adjustable | No |
| Jumbo Home Loans | 20% | 15 or 30 years, fixed & adjustable | No |
| USDA Home Mortgages | None | 30 years, fixed | No (Up-Front Guarantee Fee financed) |
| Renovation Mortgage 203(k) | 3.5% | 30 years, fixed | Yes |
| Adjustable Rate Mortgage (ARM) | Varies | 3/1, 5/1, 7/1 or 10/1 | Varies |
North Carolina
A conventional (fixed-rate) mortgage is one of the most popular types of home financing in North Carolina because it offers predictability for your budget. Conventional loans typically require a 5%–20% down payment and higher income/credit requirements than government-backed loans.
With terms of 15 or 30 years and a fixed rate, your payment never changes — making budgeting simple and reliable.
North Carolina
FHA home loans are extremely popular among North Carolina first-time homebuyers. Backed by the Federal Housing Administration, these loans offer lower down payments (just 3.5%) and more flexible credit requirements than conventional loans.
If you have a credit score as low as 580, you may still qualify for an FHA loan — making homeownership accessible to more North Carolinians.
North Carolina
VA loans are an incredible benefit for eligible veterans, active-duty service members, and surviving spouses. They require zero down payment and have no private mortgage insurance requirement.
As a thank-you for your service, the VA loan program offers some of the most competitive rates available in the mortgage market.
North Carolina
A jumbo home loan is used to finance NC properties that are too expensive for conventional conforming loan limits. These are ideal for luxury homes in markets like Wilmington, Raleigh, Charlotte, and the Outer Banks.
Jumbo loans typically require stronger credit, higher reserves, and a 20% down payment — but offer competitive rates for well-qualified buyers.
North Carolina
USDA loans are a fantastic option for homebuyers in rural and suburban areas of North Carolina. With zero down payment required and government backing, these loans make homeownership accessible in qualifying locations.
NC has a wealth of eligible USDA areas. Ask us if your target property qualifies — you may be surprised how many NC communities are covered.
North Carolina
The FHA 203(k) renovation loan lets you finance the purchase and renovation of a home in a single mortgage. Instead of juggling a separate construction loan, you roll it all together — simplifying the process significantly.
Perfect for buying a fixer-upper in NC and turning it into your dream home with one convenient loan and closing.
Contact us today and we'll walk you through all your options with no pressure and no obligation.