Loan Types

For eligible rural homebuyers, the USDA Guaranteed Rural Housing Loan Program provides a path to homeownership with no down payment required. Designed to assist low to moderate-income buyers, USDA loans offer affordable financing options with flexible terms. Why Choose a USDA Loan? As an approved USDA lender, we help qualified borrowers secure low-interest loans with favorable repayment terms,...

Prosperity Home Mortgage, LLC introduces RAPID CLOSE™, an innovative solution designed to streamline the loan closing process. Powered by Simplifile®, this trusted platform allows borrowers to sign most of their closing documents digitally—anytime, anywhere—using a smartphone, tablet, or computer. Close with Ease Using RAPID CLOSE™ Sign Comfortably Complete most of your closing...

The FHA Streamline Refinance program allows eligible borrowers to refinance their existing FHA mortgage with minimal paperwork and at a lower interest rate. This option can help homeowners reduce their monthly mortgage payments, lower their interest rates, and accelerate home equity growth. Refinance with Confidence Key Features: Lender-Paid Closing Costs – Borrowers can refinance without...

The Federal Housing Administration (FHA) and Department of Veterans Affairs (VA) offer mortgage programs that are popular among homebuyers and those looking to refinance. However, these loans must meet specific eligibility requirements. FHA Loans Backed by the U.S. Department of Housing and Urban Development (HUD), FHA loans aim to make homeownership more accessible—especially for first-time...

When it comes to mortgage options, borrowers can choose between fixed-rate and adjustable-rate loans. These options are available for conventional conforming loans, jumbo (non-conforming) loans, as well as FHA and VA programs. Fixed-Rate Mortgage A fixed-rate mortgage maintains the same interest rate throughout the entire loan term, ensuring that the monthly principal and interest (P&I) payments...