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Purchase Loan Types

Solutions for Every Homebuyer

Are you ready to purchase your new home? Whether you’re a first-time homebuyer or have done this many times, you will find Gateway Mortgage offers a wide range of smart mortgage solutions. Browse the loan types available below or reach out to one of our local locations. We’re here to help.

  • Conventional Loans

    Provide flexible terms, offer great rates, and generally have a streamlined loan experience with less documentation and faster processing.

  • FHA Loans

    Are government-insured loans with flexible options for first-time homebuyers, and those with less than perfect credit or lacking a large down payment.

  • VA Home Loans

    Help military families realize homeownership with flexible guidelines, up to 100% financing, reduced interest rates and lower closing costs.

  • USDA (Rural) Home Loans

    Are an ideal choice if you have low-to-moderate income, want to live in a rural area or outside of the city, and are looking for 100% financing.

  • Lock & Shop

    Allows qualified homebuyers to lock their rate while shopping for a new home.

  • Adjustable Rate Mortgages (ARMs)

    Make a lot of sense for homebuyers who want a lower initial lower interest rate and are comfortable with future rate adjustments.

  • Fannie Mae's HomeReady

    Covers a wide range of property types and is an attractive program for first-time homebuyers or those seeking a low-down payment option.

  • Freddie Mac Home Possible and Home Possible Advantage

    Is designed for first-time homebuyers or people in high-cost markets needing greater flexibility with max loan amounts and qualifying income limits.

  • Bonds and Down Payment Assistance Programs

    Can help qualified homebuyers cover their down payment and closing costs with forgivable grants and favorable second mortgages.

  • Condo Loans

    Help homebuyers who are interested in homeownership but prefer a different set of nuances and amenities that urban areas offer.