Every loan we offer, in one place.
Buying, refinancing or pulling equity out, across conventional, FHA, VA and jumbo programs. As a broker we shop your file to multiple lenders, so start with what you want to do and we will find the loan that fits.
Every loan type, one team
Fixed, adjustable, government-backed or jumbo: the same licensed pro shops all of them for you.
Loan options built around your goal.
Pick what you are trying to do and we will narrow the list. Every option below is one we handle in-house, with one dedicated pro on your file.
Fast refinance
FHA streamline refinance
Already in an FHA loan? Less documentation, often no appraisal, and closings that are often quicker than a full refinance.
Save on interest
Rate and term refinance
Swap your current loan for a lower rate or a different term without taking cash out. Lower payment, less interest, or both.
Cash from equity
Cash-out refinance
Replace your mortgage and take a lump sum at closing for renovations, debt consolidation or whatever comes next.
Keep your first mortgage
Home equity line of credit
A line you draw on as you need it, or a fixed-sum home equity loan, behind the mortgage you already have. Your current rate stays as it is.
Which program fits?
The four main purchase programs side by side. Your pro will confirm which you qualify for.
| What matters | Conventional | FHA | VA | Jumbo |
|---|---|---|---|---|
| Minimum down payment | As little as 3% | 3.5% | 0% | Varies by lender |
| Credit score | Typically 620 and up | 580 for the lowest down payment | No program minimum; lender guidelines apply | Higher; varies by lender |
| Mortgage insurance | PMI until 20% equity | MIP for the life of most loans | None; a one-time funding fee instead | Varies by lender |
| Loan size | Up to the conforming limit | Up to the FHA limit for your county | No set cap with full entitlement; lender approval still applies | Above the conforming limit |
| Who it suits | Buyers with solid credit and savings | First-time buyers and lower scores | Eligible veterans, service members and spouses | Higher-priced homes |
General program guidelines, not a commitment to lend. Limits, minimums and insurance terms change and vary by lender and county. Your pro will confirm current figures for your situation.
The U.S. mortgage market right now.
National average rates from the Federal Reserve Bank of St. Louis FRED database: the Freddie Mac survey for conventional and the Optimal Blue indices for FHA and VA, shown as third-party market benchmarks, not MortgagePros pricing. Your rate and APR depend on your credit, equity, loan type and the day you lock. We will show you your real number in minutes.
FHA 30-year fixed, U.S. average
7.08%
VA 30-year fixed, U.S. average
6.90%
Sources: Freddie Mac Primary Mortgage Market Survey (conventional, 30-year national average, week of Oct 15, 2026) and Optimal Blue Mortgage Market Indices (FHA and VA, 30-year national averages as of Oct 15, 2026), distributed through FRED, Federal Reserve Bank of St. Louis; the figures and dates refresh automatically from the source. These are third-party market benchmarks, not MortgagePros rates and not an offer of credit. Your rate and APR depend on your credit, loan type, property and lock date.
Mortgage questions, answered.
The things people ask before they pick a loan. If yours is not here, a licensed pro will answer it directly.
What is the difference between a cash-out refinance and a refinance?
If you want to withdraw cash from your home equity, you use a cash-out refinance, provided you are eligible. It gives you a lump sum at closing that can be used for any purpose. If you just want a lower interest rate or a different term, you use a rate-and-term refinance, which can lower your monthly payment and save a great deal over the life of the loan.
Why work with a mortgage broker?
From comparing rates and fees across lenders to completing the application and closing on time, brokers do this every day. We shop your file across multiple lenders instead of offering one menu, which is especially valuable for a first-time buyer navigating today’s market.
How much down payment do I need for a purchase?
You can buy with as little as 3 percent down on some conventional programs, 3.5 percent on FHA, and 0 percent on VA if you are eligible. Your situation, loan type, location and lender requirements decide the exact figure, so ask your pro what you qualify for.
Is a fixed rate or an adjustable rate better?
It depends on your plans. An adjustable-rate mortgage can make sense if you expect to move soon, believe rates will fall, or need the lowest payment now. A fixed rate is the safer choice if you plan to stay for years, are offered a rate that fits your budget, and want a principal-and-interest payment that never changes.
What fees go into closing costs?
Closing costs are the fees and charges beyond the purchase price that are due when the transaction closes. They cover the third parties who performed services along the way, such as the title company, the appraiser, and the lender. Your pro walks you through every line before you commit.
How are interest rates determined?
Rates follow the financial markets and can change daily, sometimes several times in one day, in response to economic indicators. Your individual rate also reflects your credit, equity, loan type and term.
What is the difference between mortgage insurance and homeowners insurance?
Mortgage insurance is required when you have less than 20 percent equity and protects the lender if a borrower defaults. It comes in two forms, private mortgage insurance (PMI) and the FHA mortgage insurance premium (MIP). Homeowners insurance covers loss from damage to your home and belongings, as your policy describes.
What is the difference between MIP and PMI?
Both are mortgage insurance and both add a premium to your monthly payment in exchange for letting you borrow a larger share of the home’s value. PMI applies to conventional loans and can be removed once you reach 20 percent equity. MIP applies to FHA loans and, on most FHA loans today, lasts for the life of the loan unless you refinance.
Not sure which loan fits?
That is the job. About two minutes online, or one call to 248-416-1361, and a licensed pro matches you to the right program.