Loan Programs

Loan Programs

Northwestern Capital helps you find the mortgage that fits your financial needs.

A conventional loan is a type of loan that is not offered or secured by a government entity like the FHA or VA. Instead, these loans are made available by government-sponsored enterprises such as Fannie Mae and Freddie Mac.

For high-cost areas, potential homeowners can still utilize the benefits of a conventional loan rather than going into a Jumbo Loan Program.

Mortgages above conventional limits may need to go with a jumbo mortgage for financing. Since they are portfolio loans from banks and private lenders, they come with unique underwriting requirements.

FHA loans are insured by the Federal Housing Administration and are mostly suitable for low-to-moderate income borrowers with lower down payments and/or less than perfect credit scores

VA Loan is a program established by the United State Department of Veterans Affairs to help veterans and their families purchase homes with no down payment. Borrowers must obtain a Certificate of Eligibility from VA to apply for this loan.

For more complex income situations, we offer products without verifying tax returns. With alternate income documents like P&L statements, Verification of Employments, 1099 only, Bank statement only, DSCR, etc., you can still get a mortgage with larger down payments and good credit scores.

You can still buy homes in the United States even though you are not a US citizen. With higher down payments, we allow foreign income and credit to be used to offer mortgages to non-residents.

Reverse mortgages are for homeowners ages 62 and older. This allows homeowners to convert their home equity value into cash without any monthly mortgage payments.

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