Loan Options

Which mortgage is right for you?

With so many loan types available, it can get a bit confusing. We’re here to help you. Our expert loan officers can guide you through the available mortgage options and help you choose what will work best for you and your unique financial situation. You can trust on our loan professionals to help you find the perfect loan option for you. Browse these options below, then contact one of our local branches to get started on your journey home!

Check out our home loan options.

30-Year Fixed Rate Mortgage

Lock in that interest rate for the long haul! With a 30-year fixed rate mortgage, you can count on consistent mortgage payments for the duration of the loan, and enjoy peace of mind knowing your housing budget will remain steady. We recommend this type of home loan if you plan on staying in your home for more than 5 years, have good credit and a reliable income.

15-Year Fixed Rate Mortgage

Want to pay off your mortgage twice as fast and pay less interest? A 15-year fixed rate mortgage might be what you’re looking for. Higher payments, quicker pay-off!

FHA Loan

Achieve your dream of home ownership with an FHA loan! These loans allow for lower credit scores, and down payment options as low as 3.5%. Are you a first-time homebuyer? If you’re looking to buy a home for the first time, an FHA loan might be a good option for you.

VA Loan

VA loans offer special benefits to current members of the military, veterans and eligible surviving spouses. Benefits include less-restrictive credit guidelines and lower down payment options. We’re always pleased to help those who serve our country get into a home!

Jumbo Loan

Make the move into your dream home! Jumbo loans provide a great option for home buyers purchasing homes that exceed conforming limits. If you want to buy a lot more real estate, and you have good credit and a large down payment, a jumbo loan might be right for you.

USDA Loan

Move away from the city and purchase a home with no down payment. USDA loans offer programs to rural home buyers who meet USDA’s income eligibility requirements. For eligible home buyers, USDA loans feature no down payment options and generally favorable interest rates. This is a good loan option for lower income homebuyers and first-time homebuyers in rural and suburban areas.

Reverse Mortgage (HECM)

Get money from your lender instead of making monthly payments to your lender. A reverse mortgage is available to homeowners age 62 and older with equity in their homes. Reverse mortgage payments can be received monthly, in a lump sum or through a line of credit. Most reverse mortgages today are called HECMs, short for Home Equity Conversion Mortgage.

Adjustable Rate Mortgage (ARM)

Not quite ready to lock in a long-term fixed rate? An adjustable rate mortgage might be a good option for you. ARMs feature lower interest rates, but the interest rate can change (or adjust) after a fixed amount of time. This type of loan might also be a good option for you if you are looking to own a home for a shorter period of time.

SNL Direct Portfolio Loan

Ready to invest in your next property? Look no further than our exclusive SNL Direct portfolio loan. Backed by Security National Life (SNL), this loan features no income documentation requirement, eligibility to close as an LLC and a competitive interest rate.

Non-QM Loan

Are you an entrepreneur or have irregular income? For homebuyers with non-traditional or complex tax returns, a Non-QM loan is a great option. Examples of a Non-QM loan include interest-only mortgages or limited/alternative documentation loans.

203(k) rehabilitation loan

Buy a fixer-upper and get financing for both the home and the repairs. A 203k financing loan, sometimes called a renovation or rehab loan — or an FHA construction loan — lets you finance a home and the necessary repairs in one transaction.

Down Payment Assistance Programs

Looking for a little help in getting into a new home? Down payment assistance programs help homebuyers with access to large sums of money through grants or loans to use as a downpayment. These funds can be made available through government and state housing agency programs or private organizations. In many cases the downpayment doesn’t have to be paid back. 

This is not a commitment to make a loan, nor should it be construed as lending advice. Loans are subject to borrower qualifications, including income, property evaluation, sufficient equity in the home to meet LTV requirements, and final credit approval. Approvals are subject to underwriting guidelines, interest rates, and program guidelines, and are subject to change without notice based on applicant’s eligibility and market conditions. Refinancing an existing loan may result in total finance charges being higher over life of loan. Reduction in payments may reflect longer loan term. Terms of the loan may be subject to payment of points and fees by the applicant. SecurityNational Mortgage Company is an Equal Housing Lender NMLS# 3116.

Start your journey home today!

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