Conventional Conforming loans have maximum loan amounts that are set by the government and must follow a specific set of standards set by Fannie Mae & Freddie Mac. These types of loans are the most common for the average borrower.
Learn more about our conventional mortgage programs.
An FHA loan is a government-backed mortgage insured by the Federal Housing Administration. FHA home loans require lower minimum credit scores and down payments than many conventional loans, which makes them especially popular with first-time homebuyers.
Learn more about our FHA mortgage programs.
Tap into your home equity with either a home equity line of credit (HELOC) or a home equity loan (HELOAN). Whether your goal is to purchase an investment property, pay down expensive debt, invest in stocks, make home improvements or even just have cash on hand we can help you determine what home equity option is best for you.
Learn more about Home Equity loans and lines of credit.
LoanFlight offers a 40 year term loan with interest only payments during the first 10 years. This is a great option when interest rates are higher or you are expecting to earn more income in the near future.
A jumbo loan is a type of financing where the loan amount is higher than the conforming loan limits set by the Federal Housing Finance Agency (FHFA). The 2022 loan limit on conforming loans for 1-unit properties is $647,200 in most areas and $970,800 in high-cost areas.
LoanFlight offers conventional and FHA mortgage loan programs for manufactured homes.
Learn more about our manufactured home mortgage programs.
A home equity conversion mortgage (more commonly known as a reverse mortgage) is a type of loan that allows homeowners ages 62 and older, typically who have paid off most or all of their mortgage, to borrow part of their home’s equity as tax-free income. Unlike a regular mortgage in which the homeowner makes payments to the lender, with a reverse mortgage, the lender pays the homeowner. The funds can be used for anything - medical expenses, offset monthly cashflow, investments or even just to travel!
LoanFlight thanks veterans for their service and is proud to offer VA loans to those who have served and their spouse. A VA loan is a $0-down mortgage option issued by private lenders and partially backed, or guaranteed, by the Department of Veterans Affairs (VA). Eligible borrowers can use a VA loan to purchase a property as their primary residence or refinance an existing mortgage.
Foreign national investors may qualify to purchase investment properties in the United States. Loan qualification is based on the property's cashflow, rather than the borrower. Purchase, refinance and cash-out options are available.
No ratio mortgage, is a type of mortgage that does not require verification of income. The loan decision is based on credit rating and the loan-to-value of the property. If the income is difficult to prove, a no-ratio mortgage is a viable alternative to a conventional mortgage loan.
Borrowers who do not have a social security number may be able to qualify for a loan using their individual tax identification number (ITIN). Eligibility requirements apply.
A bank statement mortgage is a special type of mortgage that allows the homeowner to qualify for a mortgage and borrow money based on only the assets in their bank account and not just their monthly or annual income. The type of mortgage is popular with small business owners or other borrowers who have a lot of assets but not a lot of cash flow. Specifically, anyone who does not receive W2 income or long-term and consistent 1099 income.
A loan option for eligible self-employed borrowers to purchase or refinance a home. This product allows personal or business bank statements to calculate income without requiring tax returns.
LoanFlight offers loan programs with up to $3M loan amounts. Meet with one of our specialized concierges to learn more about these programs.
New Home. Easy Financing. Get Cash Back.
Get pre-approved for a mortgage, then shop for the home of your dreams and get cash back when you close. LoanFlight can help with no lender fees, low rates and quick turnaround time.
A good credit history is imperative when qualifying for a loan. If you've been told you don't qualify based on your credit score, you may consider credit repair. LoanFlight has resources to help improve your credit score so you can refinance your current home or purchase the home of your dreams.
Available in Tampa, Florida only. LoanFlight is an approved Lender for the "Dare to Own the Dream" program, offering income-eligible home buyers of property within the City limits of Tampa.
Financing, appraisal and existing home contingencies are often roadblocks in getting offers accepted. Especially in this competitive market, sellers may choose to accept a cash offer, even if it's at a lower amount, so they can avoid these contingencies and ensure the sale closes.
Learn how LoanFlight can issue you an underwritten approval letter and how you may be able to convert your approval into a cash-backed offer to have ready if you need it.
LoanFlight can match you with a real estate agent in your area! When you use one of our partner real estate agents, you may also be eligible for 0.50% cash back on your purchase.