Home / Loan Programs / FHA, Conventional & VA
Purchase · Refinance · VA

Traditional Programs. Modern Process.

FHA, Conventional, VA, and Jumbo mortgage options with wholesale lender pricing, a 100% digital application process, and access to down payment grant programs that can cover up to 5% of your purchase price.

FHA 3.5% Down VA Zero Down Conventional 3% Down Up to 5% Grant Available Jumbo Available 100% Digital Process
FHA Loan
Federal Housing Administration
3.5% min down · 580+ FICO · Flexible guidelines
First-Time Buyers
Conventional
Fannie Mae / Freddie Mac
3% min down · 620+ FICO · No PMI at 20%
Move-Up Buyers
VA Loan
Veterans Administration
0% down · No PMI · Eligible veterans & active duty
Veterans & Military
Down Payment Grant
State Grant Programs
Up to 5% grant · Up to 100% LTV · May be forgivable
✓ Available Now
Down Payment Assistance

You may not need a
down payment at all.

State-backed grant programs can cover your down payment and most of your closing costs — and in some cases the grant is fully forgivable and never has to be repaid. These programs exist to make homeownership accessible to more buyers, and most people don't know they qualify.

💰

Up to 5% Grant for Down Payment

Grant funds can cover your required down payment — getting you into a home with significantly less cash out of pocket.

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Up to 100% LTV — No Money Down

Combined with an FHA or Conventional loan, the grant can bring your out-of-pocket cost to zero on the down payment.

Fully Forgivable — Never Paid Back

Many grant programs are structured as forgivable second mortgages. Meet the program requirements and the grant is forgiven — no repayment required.

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Closing Costs Covered

Grant funds can often be applied to closing costs in addition to the down payment — further reducing what you need to bring to the table.

Grant Program Overview
5%
Max Grant Amount
100%
Max LTV Available
$0
Down Payment Possible
Forgiven
No Repayment Required*

*Grant forgiveness subject to program requirements, occupancy period, and lender guidelines. Not all borrowers or properties qualify. Programs and availability subject to change. Income limits, purchase price limits, and first-time buyer requirements may apply depending on program.

Check My Grant Eligibility →

Not a commitment to lend. Subject to program availability and guidelines. MortgageToday LLC NMLS #2727066.

Mortgage Calculators

Run your numbers.
Both ways.

Check your monthly payment on a specific home or calculate what you may qualify for based on your income and debts.

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Your Income & Debts
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Estimates only. Actual qualification depends on credit, property, income documentation, and lender guidelines.

Program Comparison

Find the right program
for your situation.

As a wholesale mortgage broker, MortgageToday compares options across multiple lenders — not just one bank's guidelines.

FHA Loan

Best for: Buyers with lower credit or smaller down payment

Government-backed loan with flexible credit and income guidelines. Requires mortgage insurance regardless of down payment size.

Min Down Payment3.5%
Min FICO580+
Mortgage InsuranceRequired
Loan Limit (2026)$524,225+
Conventional

Best for: Buyers with stronger credit wanting flexibility

Fannie Mae and Freddie Mac backed loans. PMI can be removed at 20% equity. No mortgage insurance required with 20% down.

Min Down Payment3%
Min FICO620+
Mortgage InsuranceRemovable at 20%
Loan Limit (2026)$766,550+
VA Loan

Best for: Veterans and active duty military

Zero down payment for eligible veterans. No mortgage insurance ever. Competitive rates. One of the most powerful loan programs available.

Min Down Payment0%
Min FICOVaries by lender
Mortgage InsuranceNone
Funding FeeMay be waived
FAQ

Common questions,
direct answers.

FHA guidelines allow credit scores as low as 580 with 3.5% down, or as low as 500 with 10% down. Individual lenders may have overlay requirements above the FHA minimum. Your full credit profile, income, and property all factor into eligibility.
Grant eligibility depends on income limits, property purchase price, property location, occupancy, and first-time buyer status in some programs. Many buyers who don't consider themselves first-time buyers still qualify under certain program definitions. The best first step is a scenario review to determine which programs apply to your specific situation.
FHA loans are government-backed with more flexible credit guidelines but require mortgage insurance for the life of the loan in most cases. Conventional loans are not government-backed and allow PMI to be removed once equity reaches 20%. For well-qualified buyers, conventional often offers better long-term cost. For buyers with lower credit or down payment, FHA is often more accessible.
Yes. VA loans are available in all 50 states for eligible veterans, active duty service members, and qualifying surviving spouses. MortgageToday LLC is licensed in both Florida and Texas and works with wholesale lenders offering VA programs.
A mortgage broker has access to multiple wholesale lenders — which means more program options and pricing competition. A bank can only offer its own products at its own rates. MortgageToday LLC compares options across 40+ wholesale lenders to find the best fit for your scenario rather than fitting you into one lender's box.
Know Your Numbers

Start with your home value.

Whether you're buying, refinancing, or exploring options — knowing your property's value is the foundation. Get an estimate below then start your application.

Ready to find the right
program for your file?

FHA, Conventional, VA, grants — we compare options across multiple lenders so you don't have to. Start with an application or book a review.