At Eagle Home Mortgage, we offer a wide variety of home loan programs to fit virtually any borrower need. Our knowledgeable home loan professionals take the time to understand your financial situation and goals and help you select the best solution for you, now and into the future.


Loan Options


     Find the Right Loan for You


  Fixed Rate

Your interest rate remains the same over the term of the loan – a good option if you would like your monthly principal and interest payment to remain unchanged. The most popular term is 30 years, but shorter terms are available.


Adjustable-rate mortgages feature lower rates and payments early on in the loan term. The interest rate is lower than a fixed-rate, however the rate fluctuates based on a set index. The lower initial payments may allow you to qualify for a larger loan than if you chose a fixed-rate type.

How it works:
The initial rate and payment amount on an ARM will remain in effect for a limited period. The interest rate changes periodically, usually in relation to an index, and payments may go up or down accordingly. An interest-rate cap places a limit on the amount your interest rate can increase.

You might choose this type of loan if:
- You plan to own the property only for a short time
- You expect your income will increase to cover any potential rise in the interest rate
- Interest rates are high at the time of purchase


A jumbo loan is a mortgage with a single loan amount over the conforming loan limit set by the Federal Housing Finance Agency. The current limit is set at $424,100 in most areas of the country. The limit is $625,500 in high-cost areas.

Jumbo Mortgages are primarily designed for buyers who are able to afford a luxury home and higher monthly payments.

Jumbo loans are:
- Available as fixed-rate or adjustable-rate loans
- For those qualified buyers that need a mortgage loan over the conforming limits
- For those looking for a luxury vacation home or investment property


FHA offers a low minimum down payment of 3.5%, low minimum credit score requirement and relaxed qualifications. Programs are available with down payment allowable in the form of gift funds. Mortgage insurance is required.

These programs are provided at higher loan-to-value ratios than the standard conforming guidelines and have the ability to review compensating factors that allow for more flexible underwriting standards.

A loan insured by FHA is usually available at an attractive rate and is available to all qualified borrowers. The main advantage is that FHA home loans are a great option for those that may have a few credit blemishes or no traditional credit. The credit standards are usually not as strict as conventional loans.

Who it's for:
- Borrowers who don't have a significant down payment
- Borrowers who need low minimum credit score requirements or flexible underwriting standards
- First time home buyers
- Those who have a few bumps and bruises on their credit.


For qualified veterans and military personnel, VA offers options for little to no down payment and relaxed credit and employment criteria. Jumbo loans may be available.

One major benefit of VA loans is that 100% financing is available for veterans who qualify for purchases and refinances with no mortgage insurance required. Gift funds are allowed.


Helping to extend homeownership by offering 100% financing opportunities to individual and families who buy a home in designated rural areas.

This program assists in providing low to moderate income households the opportunity to own their own home in an eligible rural area.

USDA guaranteed loans are for those qualified individuals who meet the income and other eligibility requirements within the eligible rural areas.

  Bond Program

Lower interest second mortgage loan programs for down payments available through local and state agencies dedicated to increasing housing access and affordability.

State and local Housing Finance Agencies offer programs to assist low to moderate income homebuyers by offering eligible participants special loan or down payment assistance programs.

For those qualified buyers who are within the income limits in need of help with a down payment.

Great for first time homebuyers.

  Renovation Loans

Options for financing home repairs include FHA 203k (Full and Streamline) and HomeStyle renovation loans.

  Reverse Mortgage

For homeowners age 62 or older, a reverse mortgage is a type of home equity loan that allows you to convert some of the equity in your home into cash while you retain home ownership.

A reverse mortgage is a government backed home loan that allows a homeowner to access the existing equity in their home and convert it to cash. Instead of making monthly mortgage payments like a traditional home loan, Reverse Mortgages are paid back in one lump sum when the borrower no longer resides in the home.

For all qualified applicants at least 62 years old and occupy the home as their primary residence. There are no employment or health requirements.