At Presidential Bank Mortgage, we offer a range of loan programs to cater to different needs. Our programs include:

1. Conventional Loans: These are traditional mortgage loans that conform to the guidelines set by Fannie Mae and Freddie Mac. They usually require a down payment and have fixed or adjustable interest rates.

2. FHA Loans: Backed by the Federal Housing Administration, FHA loans are designed for first-time homebuyers or those with limited down payment funds. They allow for lower down payments and have more flexible qualification criteria.

3. VA Loans: Exclusively available to eligible veterans, active-duty service members, and surviving spouses, VA loans offer favorable terms such as no down payment requirement and competitive interest rates.

4. USDA Loans: This program is offered by the United States Department of Agriculture (USDA) for rural and suburban homebuyers who meet income and property eligibility requirements. It provides low-interest financing options for qualified borrowers.

5. Jumbo Loans: Designed for luxury homes or properties that exceed conforming loan limits, jumbo loans provide financing for larger loan amounts.

6. Adjustable Rate Mortgages (ARMs): ARMs offer an initial fixed-rate period, typically 5, 7, or 10 years, followed by adjustable rates for the remaining loan term. These loans may be suitable for borrowers planning to sell or refinance before the rate adjusts.

7. Reverse Mortgages: Available to homeowners aged 62 or older, reverse mortgages allow borrowers to convert a portion of their home equity into loan proceeds. Repayment is typically deferred until the borrower leaves the home.

We understand that each borrower has unique circumstances, and our experienced loan officers will guide you through the process to find the most suitable loan program for your homeownership or refinancing needs.