For high-value properties, Jumbo loans typically require stricter credit and income qualifications.

Key Features:

• Higher loan limits for high-cost areas

• Access to premium or large properties

• Flexible loan terms, both fixed and adjustable

• Typically no PMI, even if putting down less than 20%

• Competitive interest rates, similar to conventional loans

• Customizable loan solutions to meet your financial needs

A government-backed mortgage designed for borrowers with lower credit scores or smaller down payments.

Key Features:

• Low down payment requirements, often as low as 3.5%

• Flexible credit score requirements, making it easier to qualify

• Higher debt-to-income ratios allowed by lenders

• Government-insured loans, making lenders more likely to approve

• Available for refinancing an existing mortgage

• FHA loans can be assumed by a new buyer

A government-backed mortgage for veterans, active-duty service members, and eligible spouses, featuring no down payment requirements and competitive interest rates.

Key Features:

• No down payment required

• No PMI required

• Lower interest rates than conventional loans

• More forgiving with credit scores

• VA loans feature strict limits on closing costs

• VA loans can be assumed by a new buyer

A government-backed mortgage for low- to moderate-income borrowers in eligible rural and suburban areas, offering no down payment and competitive interest rates.

Key Features:

• No down payment required

• Low interest rates, helping you save on long-term costs

• More lenient credit score qualifications

• USDA loans can be used to build or improve homes

• Tailored for homes in eligible rural areas

Down payment assistance loans to help homebuyers pay for a down payment and closing costs.

Key Features:

• DPA loans help cover initial costs, making homeownership more accessible

• Easier path to homeownership, especially for first-time buyers

• Many offer flexible repayment terms to reduce financial strain

• Help make monthly payments more affordable

• Cater to a range of income levels, and those who may not qualify for a conventional loan

• Support the building of long-term wealth through homeownership

Gold Star Mortgage also offers a variety of non-qualified mortgage loans, including Debt Service Coverage Ratio, Bank Statement, Stated Income, and P&L loans.

Key Features:

• Alternative options to loan qualification

• Loans for self-employed professionals

• Streamlined income documentation

A revolving line of credit that allows homeowners to borrow against the equity in their home, providing flexible access to funds.

Key Features:

• Flexible access to funds, allowing you to borrow as needed

• Lower interest rates than personal loans or credit cards

• Eligible for interest-only payments during draw period

• Funds can be used for any purpose

• In some cases, interest on HELOC may be tax deductible

• Borrow only what you need, when you need it

A short-term loan used to finance the construction or renovation of a home or other real estate property. Construction loans can also be used to cover the cost of land, permits, and more.

Key Features:

• Customized financing for new builds or renovations

• Funds can be release in stages to match the construction process

• Eligible for interest-only payments on funds disbursed

• After construction, can be converted to a long-term mortgage

• Can cover both land purchase and building expenses

• Ideal for homeowners and developers alike