Mortgage Loan Programs and Eligibility Requirements

A comparison of available loan programs - conventional, FHA, VA, USDA, jumbo, HELOC and specialty financing - with the credit, down payment and property rules that decide which one fits.

With 20% down, conventional borrowers avoid private mortgage insurance entirely — and when PMI is required, it automatically ends once sufficient equity is reached.

Benefits of a conventional loan

What to consider

Ready to explore conventional loans? Terry Cooper can walk you through eligibility, compare options, and get you pre-approved in New Jersey.

Terry Cooper, Loan Officer/Recruiter at NEXA Lending. NMLS #170268. Call (732) 470-2118.

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