Loan Options

Let's Find the Right Mortgage For You.

At Alta Home Lending, we believe getting a home loan should feel empowering, not overwhelming. Whether you're a first-time homebuyer, upgrading to a new space, or exploring refinancing options, we’re here to help you understand your choices and choose a mortgage that fits your life.

Here are some of the most common types of home loans we offer.

Conventional Loans

Conventional mortgages are the most widely used home loan option. They’re ideal for borrowers with good credit, stable income, and a moderate-to-large down payment. These loans can be used for a primary residence, second home, or investment property, and they often offer competitive interest rates and flexible terms.

GOOD FOR: Borrowers with strong credit and steady income.

FHA Loans

FHA loans are insured by the Federal Housing Administration and are designed to help buyers who may not qualify for a conventional mortgage. They offer lower down payment options (as low as 3.5%) and more flexible credit requirements, making them a great choice for first-time homebuyers.

GOOD FOR: First-time buyers or those with lower credit scores.

VA Loans

VA loans are backed by the Department of Veterans Affairs and available to eligible veterans, active-duty service members, and some military spouses. These loans offer major benefits like no down payment, no private mortgage insurance (PMI), and competitive interest rates.

GOOD FOR: Veterans and active-duty military looking to buy or refinance a home.

USDA Loans

A USDA loan is a government-backed mortgage that offers 100% financing for buyers purchasing in eligible rural and suburban areas. These loans are designed to make homeownership more accessible and affordable for lower-to-moderate income families.

GOOD FOR: Buyers in qualifying areas who want a zero-down mortgage.

Jumbo Loans

Jumbo mortgages are used for homes that exceed conventional loan limits (typically $806,500 or more, depending on your location). These loans often come with stricter requirements for credit, income, and reserves—but they provide the flexibility needed for luxury or high-value home purchases.

GOOD FOR: Buyers purchasing higher-end or luxury properties.

Refinance Options

Whether you want to lower your interest rate, change your loan term, or tap into your home’s equity, refinancing can help you reshape your financial future. We’ll walk you through all your refinance loan options and help you choose the right move at the right time.

GOOD FOR: Homeowners looking to save money or cash out.