At Luminate Mortgage, Inc., we offer a range of loan programs to meet the diverse needs of our clients. Our loan programs include:

1. Conventional Loans: These loans are ideal for borrowers with good credit and stable income. They typically have fixed or adjustable interest rates, require a minimum down payment, and have flexible terms.

2. FHA Loans: Backed by the Federal Housing Administration (FHA), these loans are suitable for first-time homebuyers and borrowers with limited credit history. They offer competitive interest rates, low down payment options, and more lenient qualification requirements.

3. VA Loans: Available exclusively to active-duty military personnel, veterans, and their eligible spouses, VA loans provide financing options with favorable terms. They offer no-down-payment options, lower interest rates, and do not require private mortgage insurance (PMI).

4. USDA Loans: Designed for low-to-moderate income homebuyers in eligible rural and suburban areas, USDA loans offer 100% financing and subsidized interest rates. They have income restrictions and property location requirements.

5. Jumbo Loans: These loans exceed the loan limits set by Fannie Mae and Freddie Mac. Jumbo loans are suitable for borrowers who need financing for high-value properties. They often require a larger down payment and have stricter qualification criteria.

6. Adjustable-Rate Mortgages (ARMs): ARMs have an initial fixed-rate period, after which the interest rate periodically adjusts based on market conditions. Borrowers may benefit from lower initial rates and different loan terms.

7. Refinance Loans: We offer refinancing options to help homeowners take advantage of lower interest rates or to change the terms of their existing mortgage. Whether it's a rate-and-term refinance or cash-out refinance, we can assist borrowers in finding the most suitable solution.

Our experienced loan officers can guide you through the process, explain the eligibility criteria, and provide personalized advice tailored to your financial situation. Contact us today to learn more about our loan programs and find out which one best suits your needs.