Financing Your New Home
Understanding your financing options is one of the most important steps in buying a home—and it doesn’t have to feel overwhelming. Whether you're a first-time buyer, upgrading, downsizing, or investing, this page will help you understand the basics and connect you with trusted lending resources.
Pre-approval helps you understand your budget, strengthens your offers, and helps you shop with confidence.
Select from the options to get started.
Mortgage Loan Types
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Conventional loans
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FHA loans
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VA loans
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USDA loans
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Jumbo loans
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Adjustable-rate mortgages (ARM)
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First-time homebuyer programs
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Down payment assistance programs
There are many financing options available, and the right loan depends on your unique goals, financial situation, and homebuying plans. From conventional and FHA loans to VA, USDA, jumbo financing, and first-time buyer assistance programs, each option offers different benefits, requirements, and flexibility. Understanding the basics of each loan type can help you feel more confident as you prepare to buy—and a trusted lender can help determine which option is the best fit for you.
Financing Timeline
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Pre-approval
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Home shopping
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Offer accepted
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Inspection/appraisal
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Final underwriting
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Closing day
Once you apply for financing, there are several important steps before you receive the keys to your new home. The process typically begins with pre-approval, followed by home shopping and submitting an offer. After your offer is accepted, your lender will coordinate inspections, appraisal, and final underwriting before everything is finalized on closing day.