Home Buying Done Right
Every mortgage is different, but we treat the process the same: with your needs at the center. Our core mortgage options are foundational yet flexible to help you make home happen, on your terms. Our streamlined system and advanced technology makes the homebuying process a breeze.
Our 5 Core Mortgage Options
Conventional Loan
Reasons/Highlights
- Down payments as low as 3%
- Credit scores as low as 620 may be accepted
- Fixed-rate mortgages can simplify budgeting
- Adjustable-rate mortgages can offer lower initial payments
- Easier to get rid of PMI than any other loan type
FHA Loan
Need a mortgage with flexible financial requirements? Insured by the Federal Housing Administration, FHA loans are available to borrowers of all kinds, whether you’re buying a home or refinancing.
Reasons/Highlights
- Down payments as low as 3.5%
- Credit scores as low as 580 may be accepted
- FHA to FHA streamline refis don’t require an appraisal
- FHA-eligible down payment assistance programs allowed
- Great for first-time home buyers
VA Loan
Guaranteed by the United States Department of Veterans Affairs, a VA loan can offer exclusive homeownership benefits for veterans, active-duty service members, and eligible surviving spouses. On behalf of everyone at Cardinal Financial, thank you for your service.
Reasons/Highlights
- 0% down payment
- Credit scores as low as 580 may be accepted
- No private mortgage insurance (PMI) required
- Lowest interest rates available for qualifying borrowers
- Current VA loans can be streamline refinanced with no apprai
USDA Loan
For those looking to plant roots outside of the city and embrace a country lifestyle, a USDA loan can provide 100% financing (thanks to the U.S. Department of Agriculture) and some of the most flexible terms to boot.
Reasons/Highlights
- 0% down payment
- Credit scores as low as 580 may be accepted
- Low- to moderate-income households may qualify
- Available for rural properties only
- Available for US citizens, non-citizen US nationals, and qualified permanent resident aliens
Jumbo Loan
High-cost area? High-cost home? If you check either box, you’re in the right place. A jumbo loan can provide more mortgage for those with awesome credit, low debt, and a large down payment ready to go.
Reasons/Highlights
- More purchasing power
- Credit scores as low as 660 may be accepted
- Competitive interest rates
- Can be used for investment properties
- Can be used to purchase a home or refi your
"FINDING A HOUSE AND MAKING IT HOME IS AN EXCITING LIFE MILESTONE. WE’VE BUILT OUR COMPANY, WITH THE RIGHT PEOPLE AND PROCESSES, TO MAKE YOUR JOURNEY THERE A PLEASANT ONE."
-Erica Price, SVP, Cardinal Financial Company