Loan Options

Mortgages Are Not 

One-Size-Fits-All

There are a variety of loan options available for every situation. What’s most important

to us is finding a mortgage that’s right for you.

Loan Options

  • FHA Loan
  • Fixed Rate
  • Adjustable Rate Mortgage
  • VA Loan
  • USDA Loan
  • Renovation Loans
  • 15 Year Mortgage
  • 100% Financing
  • Jumbo Loans
  • Down Payment Assistance
  • Cash Out Refinance
  • Debt Consolidation Refinance
  • Streamline Refinance


FHA Loan

The most popular loan option for first time homebuyers. Purchase your home with as little as 3.5% down with a Federal Housing Administration loan.

  • Only 3.5% down payment needed

  • Qualify with a credit score as low as 600

  • Fewer restrictions make it easier to qualify

  • Insured by the Federal Housing Administration

For example, base loan amount of $200,000 (total loan amount of $203,500 financing UFMIP), 30 year fixed rate loan at 4.0% (5.126% APR) with LTV of 96.5%, monthly payment $971.54 with monthly mortgage insurance of $140.53. Taxes and homeowners insurance not included. Restrictions may apply.

Conventional & Fixed Rate

Stick to your budget with a loan that’s simple and straightforward. A 30-year fixed rate mortgage is the most popular home loan option available. It is ideal for home buyers because of its straightforward structure and its predictable and steady monthly payment. With a 30 year fixed-rate mortgage, it is easy to set your budget because your total payment of principle and interest remain unchanged for the entire term of the loan.

  • Security and peace of mind with a monthly payment that does not change

  • Purchase your home with a down Payment as low as 3%

  • Interest remains unchanged for entire term of the loan

  • Ideal if you plan to stay in your home for years to come

For example, loan amount of $339,500, 30 year fixed rate loan at 3.875% (4.404% APR) with LTV of 97%, monthly payment of $1,596.45 with monthly mortgage insurance of $200.87. Taxes and homeowners insurance not included. Restrictions may apply.

Adjustable Rate

Take advantage of the lowest rates possible with an Adjustable Rate Mortgage. An adjustable rate mortgage, also referred to as an ARM or variable rate, is a loan option with a low introductory rate. The interest rate with this mortgage will adjust over time (typically 5 to 7 years). Depending on changes in the financial index associated with your loan, your monthly payment will either increase or decrease.

  • Take advantage of a low introductory mortgage rate

  • Enjoy low initial monthly payments

  • Ideal for those planning on moving within a few years

  • Pay off your mortgage with no penalties

For example, loan amount of $240,000, 30 year 5/1 adjustable rate loan 3.50% (3.353% APR) with LTV of 80%, monthly payment of $1,077.71. Taxes and homeowners insurance not included.

Limitations on Interest Rate Payment Changes. Your interest rate will not increase or decrease on the first change date by more than 2.00 percentage points from the initials interest rate excluding any buydown. After the initial adjustment period, your interest rate will not increase or decrease by more than 2.00 percentage points per year. Your interest rate cannot increase more than 5.000 percentage points above the initial interest rate (excluding an buydown) over the life of the loan.

VA Loans

A VA Loan lets you purchase your home with zero down and fewer restrictions. It’s designed specifically to help you purchase a home with fewer restrictions and with little to no down payment. The Veterans Affairs (or VA) loan is governed by the United States Department of Veterans’ Affairs and offers lower rates and lower payments.

  • 100% financing available

  • No monthly mortgage insurance

  • Lower interest rates and fees

  • Fewer credit restrictions

For example, base loan amount of $300,000 (total loan amount of $306,900 financing funding fee of 2.3%), 30 year fixed rate at 4.00% (4.273%) with LTV of 100%,, monthly payment of $1,465.19. Taxes and homeowners insurance not included. Restrictions may apply.

USDA Loan

You just might be surprised at how many areas in the United States are designated for USDA loans. The USDA (United States Department of Agriculture) loan, also known as a Rural Development loan is ideal for new home buyers purchasing a home in one of these designated USDA rural areas because of its low rates, no money down and 100% financing to qualified buyers. With zero required down payment this loan is perfect for home buyers who are concerned with funding and meeting the qualifying income requirements of a conventional loan.

  • No money down required

  • 100% financing available for qualified buyers

  • Take advantage of a lower interest rate

  • Own a home in a designated USDA area

For example, base loan amount of $300,000 (total loan amount of $303,030 financing 1% guarantee fee), 30 year fixed rate loan at 4.00% (4.525% APR) with LTV of 100%, monthly payment of $1,446.71 with monthly USDA premium of $87.68. Taxes and homeowners insurance not included. Restrictions may apply.

Renovation Loans

Whether you’re buying a fixer upper or looking to add value to your current home, we’ve got the right loan option for your home improvement project.

  • Finance your home purchase and repairs in one loan

  • Low down payment options and credit score requirements

  • Build equity immediately after repairs are completed

  • Competitive interest rates compared to other loans

For example, base loan amount of $167,645.00 (total loan amount of $170578.00 financing UFMIP, renovation costs of $34,726.00), 30 year fixed rate loan at 4.5% (5.742% APR) with LTV of 96.5%, monthly payment $864.29 with monthly mortgage insurance of $117.88. Taxes and homeowners insurance not included. Restrictions may apply.

15 Year Mortgage

In a 15-year fixed rate mortgage, you will be able to take advantage of a lower interest rate than you would with a 30-year fixed rate mortgage and you’ll own your home quicker too! It is a great way to save! A lower interest rate and a shorter term means that you will save thousands in interest over the life of your loan.

  • Take advantage of a lower interest rate

  • Save thousands on interest over the life of your loan

  • Gain 3x the paid equity compared to a 30-year mortgage

  • Pay off your mortgage faster

For example, loan amount of $300,000, 15 year fixed rate loan at 3.50% (3.645% APR) with LTV of 80%, monthly payment of $2,144.65. Taxes and homeowners insurance not included. Restrictions may apply.

100% Financing

Purchase your dream home with no money down. Homespire Mortgage is proud to offer our new 100% financing program to help you open the doors to homeownership. Our new 100% Financing Program is an affordable housing option created to help home buyers purchase a home with little to no investment. Eligible home buyers can receive down payment assistance.

  • Down payment assistance up to 3.5% amortized second mortgage

  • Minimum credit requirement of 640

  • 30 Year fixed FHA mortgage

  • No first-time home buyer requirement

For example, base loan amount of $200,000 (total loan amount of $203,500 financing UFMIP), 30 year fixed rate loan at 4.0% (5.126% APR) with LTV of 96.5%, monthly payment $971.54 with monthly mortgage insurance of $140.53. Taxes and homeowners insurance not included. Restrictions may apply.

Jumbo Loans

Dream bigger with a Jumbo Loan from Homespire Mortgage. If you're planning on purchasing a high-value property, you may consider a Jumbo Loan. At Homespire Mortgage, our Jumbo Loans allow 95% loan-to-value financing with loan amounts up to $2.5 million. Imagine a Jumbo Loan without the jumbo down payment!

For example, loan amount of $1,200,000, 30 year fixed rate loan at 4.50% (4.534% APR) with LTV of 80%, monthly payment of $6,080.22. Taxes and homeowners insurance not included. Restrictions may apply.

Down Payment Assistance

Did you know there are over 2,500 down payment assistance programs nationwide that will give you free money for a down payment on your home? Homespire Mortgage is proud to participate with various federal, state, county, and city governments that offer down payment assistance programs for eligible home buyers. Talk with a Loan Officer to find out if you are eligible for any local programs and how much assistance you can receive for your down payment.

Cash Out Refinance

Take advantage of your home’s equity and get cash at closing to use where you need it most with a cash-out refinance. This is money that’s sitting in your home! This may be the perfect opportunity to knock out some home improvements, pay college tuition, or pay off high interest credit card debt.

  • Mortgage debt can be repaid over a longer period of time (up to 30 years) compared to other debts like medical expenses, credit cards, and student loans.

  • With home values on the rise, tapping into your existing equity could mean more cash in hand than you expected when you first bought your home.

  • Mortgage interest is tax-deductible, by consolidating other debts into your mortgage you may be able to deduct the interest paid on it.

Debt Consolidation Refinance

A debt-consolidation refinance allows you to move all your debt to one place: your mortgage. Get rid of deferring due dates and put all your debt in one low monthly payment.

  • Take advantage of low mortgage rates and pay off your higher-interest debt with a ‘cash out’ refinance.

  • Move all your debt to one place: your mortgage. Get rid of deferring due dates and put all your debt in one low monthly payment.

  • Get rid of high-interest on credit card debt. You’ll end up paying much less each month and in many cases, the interest is usually tax deductible.

Streamline Refinance

It’s easy and straightforward to lower your monthly payment. Take advantage of today’s low mortgage rates and put more money back in your pockets! Just a small reduction on your mortgage rate can significantly lower your monthly mortgage payment.

  • Refinancing to a lower rate means that you will enjoy a lower monthly payment

  • Just a small reduction on your mortgage rate can significantly lower your monthly mortgage payment

  • Refinancing changes the terms of your mortgage which can also save you money in the long-run

FHA Loan

FHA Loan

The most popular loan option for first time homebuyers. Purchase your home with as little as 3.5% down with a Federal Housing Administration loan.

  • Only 3.5% down payment needed
  • Qualify with a credit score as low as 550
  • Take advantage of lower mortgage insurance premiums
  • Security of a government backed loan
For example, base loan amount of $200,000.00 (total loan amount of $203500.00 financing UFMIP), 30 year fixed rate loan at 4.0% (5.126% APR) with LTV of 96.5%, monthly payment $971.54 with monthly mortgage insurance of $140.53. Taxes and homeowners insurance not included. Restrictions may apply.

Fixed Rate

Conventional & Fixed Rate

Stick to your budget with a loan that’s simple and straightforward. A 30-year fixed rate mortgage is the most popular home loan option available. It is ideal for home buyers because of its straightforward structure and its predictable and steady monthly payment. With a 30 year fixed-rate mortgage, it is easy to set your budget because your total payment of principle and interest remain unchanged for the entire term of the loan.

  • Security and peace of mind with a monthly payment that does not change

  • Purchase your home with a down Payment as low as 3%

  • Interest remains unchanged for entire term of the loan

  • Ideal if you plan to stay in your home for years to come

For example, loan amount of $339500.00, 30 year fixed rate loan at 3.875% (4.404% APR) with LTV of 97%, monthly payment of $1596.45 with monthly mortgage insurance of $200.87. Taxes and homeowners insurance not included. Restrictions may apply.

Adjustable Rate Mortgage

Adjustable Rate

Take advantage of the lowest rates possible with an Adjustable Rate Mortgage. An adjustable rate mortgage, also referred to as an ARM or variable rate, is a loan option with a low introductory rate. The interest rate with this mortgage will adjust over time (typically 5 to 7 years). Depending on changes in the financial index associated with your loan, your monthly payment will either increase or decrease.

  • Take advantage of a low introductory mortgage rate
  • Enjoy low initial monthly payments
  • Ideal for those planning on moving within a few years
  • Pay off your mortgage with no penalties

For example, loan amount of $240000.00, 30 year 5/1 adjustable rate loan 3.50% (3.353% APR) with LTV of 80%, monthly payment of $1077.71. Taxes and homeowners insurance not included.

Limitations on Interest Rate Payment Changes. Your interest rate will not increase or decrease on the first change date by more than 2.00 percentage points from the initials interest rate excluding any buydown. After the initial adjustment period, your interest rate will not increase or decrease by more than 2.00 percentage points per year. Your interest rate cannot increase more than 5.000 percentage points above the initial interest rate (excluding an buydown) over the life of the loan.

VA Loan

VA Loans

A VA Loan lets you purchase your home with zero down and fewer restrictions. It’s designed specifically to help you purchase a home with fewer restrictions and with little to no down payment. The Veterans Affairs (or VA) loan is governed by the United States Department of Veterans’ Affairs and offers lower rates and lower payments.

  • 100% financing available

  • No monthly mortgage insurance

  • Lower interest rates and fees

  • Guaranteed by the VA

For example, base loan amount of $300000.00 (total loan amount of $306900.00 financing funding fee of 2.3%), 30 year fixed rate at 4.00% (4.273%) with LTV of 100%,, monthly payment of $1465.19. Taxes and homeowners insurance not included. Restrictions may apply.

USDA Loan

USDA Loan

You just might be surprised at how many areas in the United States are designated for USDA loans. The USDA (United States Department of Agriculture) loan, also known as a Rural Development loan is ideal for new home buyers purchasing a home in one of these designated USDA rural areas because of its low rates, no money down and 100% financing to qualified buyers. With zero required down payment this loan is perfect for home buyers who are concerned with funding and meeting the qualifying income requirements of a conventional loan.

  • No money down required

  • 100% financing available for qualified buyers

  • Take advantage of a lower interest rate

  • Own a home in a designated USDA area

For example, base loan amount of $300000.00 (total loan amount of $303030.00 financing 1% guarantee fee), 30 year fixed rate loan at 4.00% (4.525% APR) with LTV of 100%, monthly payment of $1446.71 with monthly USDA annual of $87.68. Taxes and homeowners insurance not included. Restrictions may apply.

Renovation Loans

Renovation Loans

Whether you’re buying a fixer upper or looking to add value to your current home,
we’ve got the right loan option for your home improvement project.

  • Finance your home purchase and repairs in one loan

  • Low down payment options and credit score requirements

  • Build equity immediately after repairs are completed

  • Competitive interest rates compared to other loans

For example, base loan amount of $167645.00 (total loan amount of $170578.00 financing UFMIP, renovation costs of $34726.00), 30 year fixed rate loan at 4.5% (5.742% APR) with LTV of 96.5%, monthly payment $864.29 with monthly mortgage insurance of $117.88. Taxes and homeowners insurance not included. Restrictions may apply.

15 Year Mortgage

FHA LOAN

The most popular loan option for first time homebuyers. Purchase your home with as little as 3.5% down with a Federal Housing Administration loan.

  • Only 3.5% down payment needed

  • Qualify with a credit score as low as 550

  • Take advantage of lower mortgage insurance premiums

  • Security of a government backed loan

For example, loan amount of $300000.00, 15 year fixed rate loan at 3.50% (3.645% APR) with LTV of 80%, monthly payment of $2144.65. Taxes and homeowners insurance not included. Restrictions may apply.

100% Financing

FHA LOAN

The most popular loan option for first time homebuyers. Purchase your home with as little as 3.5% down with a Federal Housing Administration loan.

  • Only 3.5% down payment needed

  • Qualify with a credit score as low as 550

  • Take advantage of lower mortgage insurance premiums

  • Security of a government backed loan

For example, base loan amount of $200,000.00 (total loan amount of $203500.00 financing UFMIP), 30 year fixed rate loan at 4.0% (5.126% APR) with LTV of 96.5%, monthly payment $971.54 with monthly mortgage insurance of $140.53. Taxes and homeowners insurance not included. Restrictions may apply.

Jumbo Loans

FHA LOAN

The most popular loan option for first time homebuyers. Purchase your home with as little as 3.5% down with a Federal Housing Administration loan.

  • Only 3.5% down payment needed

  • Qualify with a credit score as low as 550

  • Take advantage of lower mortgage insurance premiums

  • Security of a government backed loan

For example, loan amount of $1200000.00, 30 year fixed rate loan at 4.50% (4.534% APR) with LTV of 80%, monthly payment of $6080.22. Taxes and homeowners insurance not included. Restrictions may apply.

Down Payment Assistance

FHA LOAN

The most popular loan option for first time homebuyers. Purchase your home with as little as 3.5% down with a Federal Housing Administration loan.

  • Only 3.5% down payment needed

  • Qualify with a credit score as low as 550

  • Take advantage of lower mortgage insurance premiums

  • Security of a government backed loan

Cash Out Refinance

Cash Out Refinance

Take advantage of your home’s equity and get cash at closing to use where you need it most with a cash-out refinance. This is money that’s sitting in your home! This may be the perfect opportunity to knock out some home improvements, pay college tuition, or pay off high interest credit card debt.

  • Mortgage debt can be repaid over a longer period of time (up to 30 years) compared to other debts like medical expenses, credit cards, and student loans.
  • With home values on the rise, tapping into your existing equity could mean more cash in hand than you expected when you first bought your home.
  • Mortgage interest is tax-deductible, by consolidating other debts into your mortgage you may be able to deduct the interest paid on it.

Debt Consolidation Refinance

Debt Consolidation Refinance

A debt-consolidation refinance allows you to move all your debt to one place: your mortgage. Get rid of deferring due dates and put all your debt in one low monthly payment.

  • Take advantage of low mortgage rates and pay off your higher-interest debt with a ‘cash out’ refinance.
  • Move all your debt to one place: your mortgage. Get rid of deferring due dates and put all your debt in one low monthly payment.
  • Get rid of high-interest on credit card debt. You’ll end up paying much less each month and in many cases, the interest is usually tax deductible.

Cash Out Refinance

Streamline Refinance

It’s easy and straightforward to lower your monthly payment. Take advantage of today’s low mortgage rates and put more money back in your pockets! Just a small reduction on your mortgage rate can significantly lower your monthly mortgage payment.

  • Refinancing to a lower rate means that you will enjoy a lower monthly payment
  • Just a small reduction on your mortgage rate can significantly lower your monthly mortgage payment
  • Refinancing changes the terms of your mortgage which can also save you money in the long-run

Why Clients Love Us

We’ve helped thousands of homeowners find a mortgage they can manage.

See what our clients have to say on Social Survey.

  • Completed transaction in October 2021 in Washington, DC. Val was responsive and fast. We were even able to move our closing up about 3 days and even with the expedited timeline there were no major issues. I was in constant communication with either her or... read more

    z
    zuser201610261900554
    2 days ago

    Completed transaction in October 2021 in Johns Creek, GA. Homespire and Ryan worked quickly to get me prequalified and provided excellent recommendations that made purchasing a home much easier. They also were quick to answer questions (we had several) and c... read more

    BC
    Brian Cole
    3 days ago

    Thorough and helpful Everyone was helpful in explain every part of the home buying process in Spanish and in English so that my family and I could understand everything perfectly. We had a closing date set for exactly a m... read more

    z
    zuser201405151203241
    3 days ago
  • Completed transaction in October 2021 in Washington, DC. Valentina and are team are exceptional! Everyone on her team was extremely responsive when I had any questions throughout the process. They provided top tier service and I was successfully able to clo... read more

    o
    octaviatnixon
    5 days ago

    Carlos martines Great service and great costumer service. Really friendly. I would recoment carlos martinez if you are a first time home buyer. Carlos martinez made the loan process go really well

    f3
    fcb 339
    6 days ago

    Extremely knowledgeable about all things mortgages. Would use again. I had been searching for a home over three years, and engaged with various lenders during this time. When my chosen lender was unable to help me with the appraisal process at the last minute, I was re... read more

    NN
    Ngoc Nguyen
    1 week ago
  • Perfect efficiency Carlos made the process super easy and pleasantly fast! I would recommend any one who wants to avoid any headaches to work with Carlos, as he is a true professional who will go out of his way to get t... read more

    r
    ramos1921
    1 week ago

    Completed transaction in October 2021 in Acworth, GA. Ryan was wonderful throughout the entire process. He was always extremely cordial and professional. There are two things I was most impressed with. The first is that Ryan always was available and answ... read more

    JC
    Jay Castleberry
    1 week ago

    Quick and Easy Explained the whole process clearly and in simple terms. Was quick to answer any questions I had. Same day estimates for homes to be able to make fast offers.

    H
    Henry
    1 week ago
  • Muy rápido y profesional Soy self employed y me ayudaron con el proceso para poder calificar para este préstamo. Fueron muy eficientes en todo los aspectos, muy profesionales y rápidos.
    Logramos cerrar el poco tiempo que ten...
    read more

    RC
    Rosita Cabral
    2 weeks ago

    The best Adrian took care of financial needs. He was able to combine my home equity loan and mortgage together in a single mortgage premium with an amazing monthly payment. Thanks for everything I always recom... read more

    JC
    Jose Cabrita
    3 weeks ago

    Awesome I found Sereva after having a bad experience with another loan officer. She was very helpful and professional and application to closing went by without any problems, would definitely recommend her

    f
    fhill7921
    4 weeks ago
  • Great comunication and knowledge! This was our first time buying a home and Adrian and his team did a great job to give us all the information that we needed and also they organized everything so we can go through this process efficie... read more

    MC
    Marcia Cruz
    1 month ago

    Ryan saves the day (and the deal)! We were deep in the process of securing a mortgage for our investment property when our ex-lender "dropped the ball". The loan became tainted and we had to scramble to secure new financing. Our real... read more

    GS
    Gary P. Schaefer
    1 month ago

    Great Experience Dan takes the time to crunch the numbers and outlines what you need to do to purchase a home. He cares about his clients and with his guidance my wife and I were able to purchase a home within months.... read more

    BC
    Brandon Cantarella
    1 month ago

Stop throwing away money on rent.

You may be able to own a home for as much as you
pay in rent. Let us do the math.

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