Slide Know Your Options

When you’re ready to buy or refinance a home, you don’t want just any mortgage – you want the right mortgage for your current financial needs and long-term goals. At Hamilton Group Funding, we offer a wide range of options and will help you find the best solution. Here are a few of our most popular mortgage programs.


Standard Conventional Loans are great for any borrower! Whether you’re a first-time homebuyer, looking to purchase a second home, interested in purchasing an investment property or looking to refinance your current mortgage; Hamilton Group Funding offers a variety of conventional loan options to fit your needs.


  • Purchase programs with as little as 3% down (owner-occupied)
  • Fixed-Rate Mortgage options available with 10- to 30-year terms
  • Adjustable Rate Mortgages (ARMs) available with low interest rate and adjusted payment over time
  • Possibility of eliminating mortgage insurance
  • Minimum Credit Score of 620

FHA loans are a great option for borrowers in need of a low down payment option or flexible credit score requirements to purchase or refinance a home. Hamilton Group Funding offers a variety of FHA options, including the FHA Streamline program, which requires reduced documentation and underwriting compared to switching programs.


  • Down payment as low as 3.5%
  • Fixed-Rate Mortgage options available with 10- to 30- year terms
  • Adjustable Rate Mortgages (ARMs) available
  • High Balance available in certain counties
  • Minimum credit score of 580

Veterans and active duty service members can make home ownership a reality through the VA Loan Program. This program has low down payment options for purchase, competitive rates and a streamlined refinance option that reduces documentation needed to close – the VA Interest Rate Reduction Refinance Loan (IRRRL). The IRRRL is a longstanding program to honor veterans; this offering allows for qualifying flexibilities and other options not offered in any other loan program.


  • No down payment
  • No private mortgage insurance
  • Fixed-Rate Mortgage options available with 15- to 30- year terms
  • Adjustable Rate Mortgages (ARMs) available
  • Refinance with the VA IRRRL
  • Minimum credit score of 580

If you are looking for a home in a rural area, the USDA Loan Program offers low- and moderate-income borrowers more affordable housing finance options with little or no down payment or out-of-pocket costs. USDA’s definition of rural is liberal – 97% of properties can qualify for the program.


  • No down payment
  • Only 1 credit score required per borrower
  • Seller can contribute to the borrower’s closing costs
  • Fixed-Rate 30 year
  • Minimum 620 credit score

HomeReady® is a new loan program offered by Fannie Mae designed for creditworthy low- to moderate-income borrowers with expanded eligibility for financing a home, such as non-occupant co-borrowers, boarder income, rental income, and even non-borrower household income.


  • Down payment as low as 3% with no minimum borrower contribution
  • Lower private mortgage insurance costs
  • Use income from non-occupant co-borrowers to qualify
  • Down payment sources can include gifts, cash-on-hand, and down payment assistance programs.
  • Income from non-borrowing household members can help you qualify.
  • “Boarder income” (income from a roommate) can help you qualify.
  • Use rental income from a basement apartment or mother-in-law unit.
Home Possible®

The Freddie Mac Home Possible® loan program is designed for qualified low- and moderate-income borrowers. Through Home Possible® borrowers can qualify for a conforming conventional mortgage with a down payment as low as 3% of the property purchase price and no minimum borrower financial contribution. This program also can be used for a “no cash out” refinance of an existing mortgage.


  • Down payment as low as 3% down with no minimum borrower contribution
  • Flexible sources of income are allowed, including rental income from boarders and other units in multi-unit properties.
  • Potentially reduced interest rate for borrowers with low incomes or for properties in underserved areas
  • No upfront FHA mortgage insurance premium (MIP) and potentially lower ongoing private mortgage insurance (PMI) cost as compared to the ongoing FHA MIP cost
  • Borrower(s) not required to maintain reserves if buying a single-family property

The Jumbo Loan Programs are geared toward borrowers looking to finance a loan above the Conventional County Loan Limits – currently $453,100. The Jumbo Suite is a combination of three offerings that have more flexibility than High Balance loans, including an option with no mortgage insurance, more fixed-rate options and financing up to $3 million. Jumbo loans can be used for a first-time homebuyer, an investment property or to refinance an existing property.


  • Ability to exceed county loan limits
  • Finance up to $3 million
  • Fixed Rate Mortgage options available with 10- to 30-year terms
  • Adjust Rate Mortgages (ARMs) available
  • No mortgage insurance required if your loan-to-value ratio is greater than 80%
  • Minimum credit score of 680
Reverse Mortgage


  • No mortgage payments
  • No credit qualifying
  • For borrowers 62 years & older