Mortgage solutions & types of home loans

No matter your situation, buying your first home, upgrading for a growing family, serving as a veteran, purchasing a second property, or tapping into your home’s equity, we’re here to help.

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Types of home loans we offer

Conventional loans

Mortgage loan options commonly used for home purchases or refinances, offering a range of terms and rate structures based on borrower qualifications. Ask about these loans.

Affordability

30‑year fixed

A fixed‑rate loan option that provides consistent monthly payments over a longer repayment term for purchases or refinances, subject to qualification guidelines.
Save on interest

15‑year fixed

A fixed‑rate loan with a shorter term designed to pay off the mortgage faster, typically resulting in higher monthly payments and lower total interest paid.
Large loan amounts

Jumbo loan

A conventional loan option for amounts that exceed conforming loan limits, available for qualifying purchases or refinances based on underwriting standards.
Save on interest

Adjustable‑Rate mortgage (ARM)

A loan option with an initial fixed rate period followed by rate adjustments at scheduled intervals, which may cause payment amounts to change over time.
Affordability

Rate & term refinance

A refinance option used to change the interest rate, loan term, or both, without increasing the loan amount beyond closing costs, as applicable.

Government loans

Reliable mortgage options with predictable rates and terms—commonly used for buying or refinancing a home. Ask about these loans.

Low Credit

FHA loan

A government‑insured loan option designed to support home purchases or refinances with more flexible credit and down payment requirements, subject to program guidelines and eligibility.
Affordability

VA loan

A government‑backed loan available to eligible service members and veterans, offering flexible qualification standards and purchase or refinance options based on program requirements.
Affordability

USDA loan

A government‑insured loan option for eligible rural and suburban home purchases, offering affordable financing based on location, income limits, and program guidelines.

Low down payment purchase loans

Purchase loan options designed to help qualified buyers move forward with reduced upfront costs, subject to program guidelines and eligibility requirements. Ask about these loans.

Affordability

HomeReady® / Home Possible®

Purchase loan options designed for qualified buyers seeking lower down payment requirements and flexible credit guidelines, based on program terms and eligibility.
Affordability

State bond and down payment assistance

State‑sponsored loan programs that may help eligible buyers reduce upfront costs through down payment and closing cost assistance, subject to income, location, and program guidelines.

Cash-out

Refinance options that allow qualified homeowners to access a portion of their available home equity for financial needs, subject to loan terms and eligibility. Ask about these loans.

Get cash-out

Home equity loan

A loan option that allows homeowners to access home equity through a single lump‑sum amount, with a fixed interest rate and defined repayment term.
Get cash-out

Cash‑out refinance

A refinance option that replaces an existing loan while allowing qualified borrowers to convert a portion of home equity into cash at closing.

Have questions?

For over 30 years, Allied has helped borrowers find loan options that fit their unique needs. Ready to take the next step? Start your homebuying journey today.

Download our Homebuyer Guide

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