Loan Types We Offer
At HMAC Team Voltage Mortgages we separate ourselves from other mortgage lenders by offering exceptional customer service and a broad selection of home financing products. From loans for first-time homebuyers to refinance programs for accessing your home’s equity, HMAC Team Voltage Mortgages can help you achieve your goals.
Our Home Loan Programs
Below are listings of our purchase and refinance programs. Should you have any questions, don’t hesitate to contact us. We’ll be happy to walk you through our home loans and the financing process.
Various types of loan programs
FHA Loans
The FHA, or Federal Housing Administration, provides mortgage insurance on loans made by FHA-approved lenders. FHA insures these loans on single family and multi-family homes in the United States and its territories.
Conventional Loans
A conventional loan is a loan backed by either Fannie Mae or Freddie Mac, the two entities which comprise the Federal Housing Finance Agency (FHFA). More than half of all new mortgage loans are conventional loans, which include special mortgage programs such as the HomeReady™
VA Loans
A VA loan is a mortgage loan in the United States guaranteed by the U.S. Department of Veterans Affairs (VA). The loan may be issued by qualified lenders. The VA loan was designed to offer long-term financing to eligible American veterans or their surviving spouses (provided they do not remarry).
Reverse Mortgages
A Reverse Mortgage is a special type of loan sold to homeowners age 62 years and older. This type of loan allows homeowners to access a portion of their home equity as cash; you receive money from the lender, rather than making payments to the lender.
Additional Programs
Government Programs:
- FHA Loans
- VA Loans
- 203k Limited
- 203k Standard
- USDA
- Manual Underwriting – Exception
- DACA & ITIN Loans
Investor Loans
- Bridge
- Blanket
- Asset Depletion
- Profit & Loss
- Rehab/Fix n Flip
- New Construction
- Land Loans
- Debt Service Coverage Ratio (DSCR)
Down Payment Assistance
- ALHFA ZIP
- GSFA Platinum
- Chenoa
- Other programs
Conventional Loans:
- FNMA / FHLMC Conventional
- Renovation Loan
- HomeReady
- Home Possible
Non Prime Loan Programs
- Bank Statements
- Alternative QM Loans
- Foreign National
Jumbo Loans:
- Manual Underwriting
- Exceptions
Common Program Highlights*
CalHFA ZIP
- Available with Conventional & FHA
- Assistance with Down payment & Closing Costs
- Allows for minimal borrower contribution
GFSA
- Available with Conventional, FHA, VA
- Assistance with Down payment & closing Costs
- Low to moderate income families
FHA Loans
- 3.5% down payment
- Gift funds allowed
- Down Payment assistance programs
Conventional Loans
- 3% down payment option
- Gift funds allowed owner occ/ 2nd home
- Down payment assistance programs
Jumbo
- Documentation per AUS
- LTV up to 89.99% (impounds required)
- First time homebuyer allowed
VA Loans
- 100% financing
- NO VAFF if borrower exempt
- Gift funds allowed
*All loan programs, terms and interest rates are subject to change and/or discontinuance without advance notice.
Can't find the loan program you need?
Related Information
HMAC Team Voltage Mortgages offers both Fixed Rate & Adjustable Rate mortgages in a variety of terms . . .
A home equity line of credit (HELOC) offers a flexible way to borrow funds. Click here to read more.
A significant part of the home buying process is saving up for a down payment. How much is right . . .