Home Loan Options
Homebuying isn’t a one-mortgage-fits-all experience. That’s why, at Guardian, we have a variety of home loan options to match your financial needs. From initial inquiry to closing, our experienced loan originators are here to guide you through the home financing process, and provide service for the life of your loan. Let our experienced loan professionals help you choose a loan that’s right for you.
Which Loan is Right For You?
Whether you’re a first-time homebuyer or an experienced real estate investor, conventional loans are an appealing option for many reasons. If you have a good credit score, low debt-to-income ratios, and seek maximum flexibility, ask your loan originator about conventional loans. Conventional loans are not guaranteed or insured by a government agency.
You don’t have to press “pause” on your dreams of homeownership simply because your finances aren’t in perfect line. The federal government has loans for veterans, servicemen and surviving spouses, as well as general programs to help you find a loan, should you meet the requirements. Government loans offer lenient income and credit qualifications, a low down payment, and more. Speak to your loan originator if you think you may be eligible for a government option.
If you are eyeing a large home purchase, a jumbo loan may be the right option for you. A jumbo loan is one that exceeds the statutory size limit eligible for purchase or securitization by federal agencies. Talk to one of our loan originators if a large purchase is in your future.
When you’re building a home, you have details to manage and timelines to meet. Construction loans let you finance your home from the ground up, with a one-time close. Unlike a standard mortgage, the term on a construction loan only lasts for the amount of time it takes to build the home — usually one year or less. Once the construction is complete, you transition to a mortgage chosen by you and your loan originator.