Loan Type Navigator
Which Loan Type Is Right for Me?
There are 4 types of home loans in the US, and they have very different rules. Some let you buy with zero money down. Some charge extra fees that never go away. Choosing the wrong one can cost you tens of thousands of dollars over the life of your loan.
The 4 loan types: FHA (government-backed, low down payment), VA (for veterans, zero down), USDA (for rural areas, zero down), and Conventional (standard, PMI cancels over time).
How this works: Answer 5 quick questions about your situation — military service, credit score, where you want to live, how long you’ll stay, and how much you’ve saved. We’ll recommend the best loan types for you and compare them side by side.
Why it matters: Many first-time buyers default to conventional loans without knowing they qualify for VA or USDA programs with zero down payment. This tool makes sure you don’t miss a better option.
How long do you plan to stay in the home?
Eligibility requirements and rates vary by lender. This is a starting point — confirm eligibility with a licensed lender.