Which loan is best for me, and why?

We have a variety of loan options to match different needs and situations:

• Conventional Loans: Are the most common and are great if you’ve got solid credit and a steady income. You’ll usually need a down payment of at least 3–5%.
• OHFA Loans: A top choice for first-time buyers with downpayment assistance available for qualified borrowers.
• FHA Loans: Are a good option for some first-time buyers or families with lower credit scores. These loans are backed by the government and only require a 3.5% down payment.
• VA Loans: Are available to veterans, active-duty military, and some military spouses. There is no down payment required, no mortgage insurance, and can contain very competitive rates.
• USDA Loans: Are for homes in certain rural or suburban areas and come with 0% down if you qualify. A great option if you’re buying outside a major city.
• Jumbo Loans: Are for buying a high-priced home that goes over the regular loan limits. It usually requires a higher credit score and a bigger down payment.