At Benchmark Home Loans, we offer a range of loan programs to cater to various needs. Our loan programs include:

1. Conventional Loans: These are traditional loans that adhere to the guidelines set by Fannie Mae and Freddie Mac. They typically require a 20% down payment, but options with lower down payments are also available.

2. FHA Loans: Backed by the Federal Housing Administration, FHA loans provide flexibility and require a lower down payment (as low as 3.5%). They are ideal for first-time homebuyers or individuals with limited credit history.

3. VA Loans: Designed for veterans, active-duty service members, and eligible military spouses, VA loans offer favorable terms and benefits. They often require no down payment, have competitive interest rates, and do not necessitate private mortgage insurance (PMI).

4. USDA Loans: These loans, provided by the United States Department of Agriculture, aim to promote homeownership in rural areas. They offer low-interest rates and require no down payment, making them particularly attractive for qualifying individuals and families.

5. Jumbo Loans: Intended for higher-priced properties, jumbo loans exceed the conventional loan limits established by Fannie Mae and Freddie Mac. They are suitable for those looking to finance luxury homes.

6. Renovation Loans: Our renovation loan programs, such as the FHA 203(k) loan, allow borrowers to finance both the purchase price and the cost of renovations or upgrades. This option is beneficial for those seeking to personalize their new home.

7. Refinance Loans: We facilitate refinancing options for homeowners looking to lower their interest rates, shorten their loan terms, or access equity in their homes through cash-out refinancing.

Please note that loan availability depends on factors such as creditworthiness, property location, and other qualifying criteria. Contact our team at Benchmark Home Loans to discuss your specific lending needs and find the loan program that suits you best.