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Loan Options

Finding a great home loan involves careful consideration of your needs, finances and history. We are here to guide you.

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There are so many home loan options out there, and finding a great home loan involves careful consideration of your needs, finances and history.

At New Way Mortgage, we offer a variety of loan programs to meet your needs and are here to guide you through the entire process of getting a mortgage for your new home or a refinance for your current home. We’ll help you figure out what the best loan program for your current situation is. No matter what you need, let us help you! We’ll make the process as quick and easy as possible.

Purchase or Refinance Loan Options

Conventional

A loan not backed by the government, with flexible terms, competitive rates, and higher loan limits.

FHA

A government-backed loan with low down payment and credit score requirements, ideal for first-time homebuyers.

VA

A zero-down loan backed by the VA, offering low rates and no PMI to eligible veterans, service members, and families.

Renovation

A loan that finances both a home’s purchase (or refinance) and renovation costs, helping buyers fund improvements.

USDA

A zero-down mortgage backed by the government for low-to-moderate-income buyers in rural and suburban areas.

Jumbo

A jumbo loan is a mortgage exceeding conforming loan limits, offering higher loan amounts but requiring strong credit.

First Time Home Buyer

A first-time homebuyer loan offers low down payments, flexible credit requirements, and assistance programs to new buyers.

Low Down Payment Options

Explore all the options that may be able to make you a home owner with a low down payment.

Investment Property

Rental property financing provides loans for buying or refinancing investment properties, often requiring larger down payments.

Refinance

A rate-term refinance is a mortgage loan that replaces an existing loan to lower the interest rate, change the loan term, or both, without cashing out equity.

Cash Out Refinance

A cash-out refinance is a mortgage loan that lets homeowners replace their current loan with a larger one, withdrawing the difference as cash.

Self-Employed

A bank statement loan is a mortgage for self-employed borrowers that uses bank deposits instead of tax returns to verify income.

CalHFA

A CalHFA loan is a state-backed mortgage that helps first-time homebuyers in California with down payment and closing cost assistance.

Fix and Flip

A short-term loan for investors to buy, renovate, and sell properties quickly with fast funding.

DSCR

A DSCR loan is a real estate investment loan that qualifies borrowers based on the property’s rental income rather than personal income.

Get started today!

Fill out the questionnaire on this page to start a discussion about your mortgage needs today!

Wanna connect with us?

Great! We’re here to help you every step of the way. Whether you have questions, need guidance, or are ready to begin your mortgage journey, here’s how you can reach us:

📞 Call or Text: 916-465-6639
📧 Email: hello@newwaymortgage.com
📅 Schedule an Appointment: www.meetnewway.com

Also, don’t forget to check out and subscribe to our YouTube channel for helpful mortgage tips: www.newwayhome.com 🎥🏡

Let’s make your homeownership dreams a reality! 🚀

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