NMLS #2179191

Mortgage Options For Every Type of Borrower

We offer mortgage loans for every type of borrower. Whether it’s your first or second home, or you’re buying to invest, flip, or renovate, we provide a wider range of products and programs at competitive rates – compared to the big banks.

Take a look at the more popular options and contact us for more details.

Ideal for borrowers with a steady income and sufficient down payment, borrowers pay the same monthly payment amount (principal and interest payments) over the loan’s lifetime. 30-year and 15-year fixed available.

This type of mortgage carries a fixed rate for a set period of time before adjusting, depending on current market conditions.

Down payment assistance (DPA) helps first-time homebuyers with grants or low-interest loans that reduce the amount they need to save for a down payment.

There are many DPA programs nationwide and each state, county or city governments may offer different programs and types. Talk to us about options at Tracland Mortgage.

Good option for first-time homebuyers who may not have saved enough for a large down payment; or have suffered from bankruptcy or foreclosures may qualify for an FHA-backed mortgage. FHA loans allow for down payments as low as 3.5% for borrowers with a FICO® score of 580 or higher. If your credit score is between 500 and 579, you may still qualify with a 10% down payment.(Insured by the Federal Housing Association)

Designed for military veterans, VA loans are mortgages guaranteed by the Department of Veteran Affairs, offering exceptional benefits, including low interest rates and no down payment requirement.

This loan type allows 62 or older senior homeowners with considerable home equity to borrower against the value of their home and receive funds as a lump sum, fixed monthly payment or line of credit, while still living in the home.

A Jumbo Loan is a loan larger than the limits set by the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. Because jumbo loans cannot be funded by these two agencies, they usually carry a higher interest rate.

This mortgage is ideal for independent workers, 1099 contractors, or self-employed individuals, especially those buying rental properties. Instead of requiring traditional income proof—like tax returns—it allows qualification using bank statements or assets as collateral.

FHA 203(k) Loan: Perfect for buyers looking to purchase and renovate a home with a single loan. It covers both the cost of the property and the renovation expenses. Ideal for fixer-uppers or older homes needing updates.

Fannie Mae HomeStyle® Loan: This loan lets you finance a home purchase and renovation costs under one convenient mortgage. It offers more flexibility than FHA loans, including luxury upgrades. Great for buyers wanting to personalize their new home from day one.

A land loan helps you purchase raw or undeveloped land for future building. It’s an ideal solution if you’re planning to custom-build a home or invest in land. Terms can vary based on land use, zoning, and development plans.

Hard money loans are short-term, asset-based loans ideal for investors needing fast funding. These loans are based more on property value than borrower credit. They’re commonly used for fix-and-flip projects or time-sensitive purchases.

An ADU (Accessory Dwelling Unit) loan helps finance the construction or conversion of secondary units on your property. Whether you’re building a backyard cottage or converting a garage, it’s a smart way to boost property value and rental income. Ideal for homeowners and investors maximizing space and return.

Mortgage Options For Every Type of Borrower

Let us know how we can help.