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Loan programs

Explore Mortgage & Real Estate Financing Programs

Learn how different loan programs work, what lenders actually evaluate, where borrowers get tripped up, and when another financing structure may make more sense.

1099 Only

Contractors & commission earners

Qualify off one or two years of 1099s with no tax returns and no deposit analysis. Cleaner than a bank statement loan when nearly all your income arrives on a 1099.

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Asset Depletion

Qualify on assets, not income

Turns a documented balance sheet into qualifying income. The go-to for retirees and anyone with real assets and thin reportable income.

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Bank Statement

For business owners · Non-QM

If write-offs make your tax returns understate what you actually earn, this is the fix. Income comes from 12 or 24 months of deposits instead of returns.

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Bridge Loan

Short-term financing between today and the permanent solution

Short-term financing used when a property or borrower is not yet ready for permanent debt — or when timing requires capital before another sale, refinance, lease-up or stabilization event.

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Cash-Out Refinance

Replace the first, take equity

Replaces your existing first mortgage with a larger one and hands you the difference. Makes sense when today's rate is at or below what you already have.

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Commercial Property

Office · retail · industrial

Office, retail, warehouse, industrial, self-storage, hospitality, and special purpose. Underwriting looks at the asset and its cash flow first.

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Commercial Real Estate Line of Credit

Reusable capital secured by eligible real estate

A revolving or draw-based credit facility for experienced real-estate owners who want reusable capital for acquisitions, improvements, deposits or portfolio needs rather than closing a new mortgage for every opportunity.

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Construction-to-Permanent

Build a primary home and convert to long-term mortgage

Owner-occupied construction financing designed to fund land and home construction, then transition into permanent residential mortgage financing. One-close and two-close structures exist depending on lender/program.

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Conventional

Fannie Mae & Freddie Mac

The standard home loan. As little as 3% down for first-time buyers, and PMI falls off automatically at 78% LTV. Works further down the credit scale than most people expect when equity and DTI line up.

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DSCR Rental

Qualify on rent, not income

The workhorse of investor lending. The property qualifies itself — rent divided by the payment gives a DSCR ratio, and your tax returns never come up.

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FHA

Government insured · flexible credit

Built for buyers whose credit is still healing. 3.5% down at 580 and up, 10% below that — and some lenders write into the low 500s. MIP is not credit-score based, so 580 and 780 pay the same rate.

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FHA 203(k) Limited

Streamline · cosmetic work

The lighter version, often called the streamline. Up to $75,000 of non-structural work with no HUD consultant and far less paperwork than the standard 203(k).

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FHA 203(k) Standard

Structural renovation · no cost cap

Buy a house and finance a full gut renovation in one loan, based on what the home will be worth when the work is done. Structural work, additions, and moving walls all qualify.

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Fix & Flip / Bridge

Short-term · purchase plus rehab

Short-term money for buying, renovating, and exiting. Sized against LTC and ARV rather than your income, with rehab funds released on a DRAW.

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Fixed Second Mortgage (HELOAN)

Closed-end · fixed rate

A one-time lump sum in LIENPOS behind your first mortgage, at a fixed rate for a fixed term. Predictable payment, no variable-rate exposure.

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Foreign National Investor

U.S. real-estate financing for non-U.S. residents

Investor financing for eligible non-U.S. citizens who live primarily outside the United States. Programs often qualify the property and borrower without requiring a traditional U.S. income/credit profile.

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Ground-Up Construction

Build from dirt · draw schedule

Finances a build from raw land through certificate of occupancy, funded on a DRAW as work is inspected and completed.

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HELOC

Revolving line · draw as needed

A revolving line you draw against and repay repeatedly, secured by your home. Usually IO during the draw period, then it converts to amortizing.

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HomeStyle Renovation

Conventional renovation · investors too

Fannie Mae's renovation loan. Conventional pricing, no upfront mortgage insurance, and unlike 203(k) it works on second homes and investment property.

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ITIN Mortgage

Financing for borrowers using an ITIN

Mortgage programs designed for eligible borrowers who use an Individual Taxpayer Identification Number rather than a Social Security number. Documentation, residency, credit alternatives and down-payment requirements vary by lender.

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Jumbo Mortgage

Loan sizes above conforming limits

A mortgage for loan amounts above the applicable conforming limit. Jumbo underwriting is lender-specific, so liquidity, reserves, credit and property profile can matter more than on a standard agency loan.

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Land & Farm

Lots · acreage · agricultural

Raw land, finished lots, and agricultural acreage. What the parcel is zoned for and whether it carries ENTITLE drives everything.

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Multifamily & Mixed Use

5+ units · apartments over retail

Five units and up crosses from residential into commercial underwriting, even though it still feels like housing. Mixed use adds a commercial square footage cap.

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No-Ratio & No-Doc

No income calculated at all

No income stated, no employment verified, no DSCR tested. Equity and credit carry the entire file. Available on both primary homes and investment property, with very different limits.

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Non-Warrantable Condo

Financing when the condo project misses agency standards

Specialized financing for condominium units in projects that do not meet standard Fannie Mae, Freddie Mac, FHA or VA project requirements. The borrower can be excellent and still need a specialty condo lender because the issue is the project.

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Portfolio & Blanket

Several rentals, one loan

Wraps multiple rental properties into a single loan with one payment and one closing. Worth it once individual financing becomes the bottleneck.

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Profit & Loss Only

CPA-prepared P&L · Non-QM

When deposits are lumpy or seasonal, a profit and loss statement can carry the file instead. Often the cleanest path for businesses that invoice in large, irregular chunks.

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Reverse Mortgage / HECM

Home-equity access for eligible older homeowners

A Home Equity Conversion Mortgage is the federally insured reverse-mortgage program for eligible homeowners. Instead of making a traditional monthly principal-and-interest mortgage payment, the borrower accesses home equity under program rules while continuing to meet property-charge and occupancy obligations.

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SBA 504 Owner-Occupied Real Estate

Long-term fixed-asset financing for operating businesses

A fixed-asset program commonly used by eligible operating businesses to acquire, build or improve owner-occupied commercial real estate and major equipment. The structure typically combines a bank first mortgage, a CDC/SBA-backed second component and borrower equity.

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SBA 7(a) Business + Real Estate

Business acquisition, working capital and owner-occupied real estate

A flexible SBA-guaranteed business loan that can finance eligible business acquisitions, owner-occupied real estate, equipment, working capital and certain related costs in one structure.

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Short-Term Rental DSCR

Airbnb / VRBO investment financing

A DSCR-style investment loan designed for short-term rentals where qualifying income may come from established property history, appraisal market-rent analysis or lender-approved short-term-rental projections.

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USDA Rural

Zero down in eligible areas

No down payment at all, but the property must sit in a USDA-eligible area and household income is capped. The eligible map is broader than people assume.

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VA

Veterans & surviving spouses

The strongest program in the business if you qualify. No down payment, no monthly mortgage insurance at any LTV, and no loan limit with full entitlement.

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VA Renovation

Zero down + rehab for veterans

Combines VA's zero-down benefit with renovation financing. Buy a home that needs work with no money down and no monthly mortgage insurance.

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Not sure which program fits?

Tell us about the deal and LoanFight will show you the financing paths worth reviewing.

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