Loan Programs

Mortgage Options for Different Goals and Situations

Whether you’re buying a home, refinancing, accessing home equity, self-employed, investing in real estate, or looking for a specialty mortgage solution, Prime Choice Funding offers a wide range of loan programs to help you explore your options.

Choose a category below to learn more.

Home Equity

TAP INTO YOUR HOME’S EQUITY

HELOC, Home Equity Loan / HELOAN, and cash-out refinance options.

Refinance

OPTIONS FOR YOUR CURRENT MORTGAGE

Explore rate-and-term, cash-out, FHA, and VA refinance options.

Purchase

FINANCING FOR YOUR NEXT HOME

Conventional, FHA, VA, USDA, Jumbo, Non-QM & down payment assistance options.

Specialty Loans

ALTERNATIVE & NON-QM MORTGAGE OPTIONS

Flexible mortgage solutions for self-employed borrowers, alternative income, investors, and unique financial situations.

Purchase Loans

Whether you’re buying your first home or your next one, explore purchase programs designed for different homebuyer needs.

FHA Loans

Lower down payment options and flexible qualifying guidelines may be available for eligible borrowers.

Conventional Loans

Flexible mortgage options for qualified homebuyers, with a variety of down payment and term choices.

VA Loans

Eligible Veterans and service members may qualify for benefits including zero down payment and no monthly private mortgage insurance.

Jumbo & Down Payment Assistance

Explore higher-loan-amount financing and certain down payment assistance programs for eligible homebuyers.

Home Equity

Your home equity may provide access to funds for home improvements, debt consolidation, major expenses, investments, or other financial goals.

HELOC

A revolving home equity line of credit that allows you to borrow as needed, subject to program terms.

Home Equity Loan / HELOAN

Receive funds in a lump sum with a fixed-payment structure while keeping your existing first mortgage in place.

Cash-Out Refinance

Replace your current mortgage with a new, larger loan and receive eligible equity proceeds in cash.

Explore Home Equity Options

Different equity solutions serve different goals. Our team can help you review available options.

Refinance Loans

Your mortgage needs can change over time. Refinancing may help you adjust your loan structure, access equity, or explore other financing goals.

Rate-and-Term Refinance

Change the rate, term, or structure of your existing mortgage.

Cash-Out Refinance

Access eligible home equity through a new mortgage.

FHA Refinance

Refinance options may be available for eligible FHA borrowers.

VA Refinance / IRRRL

Eligible Veterans may have access to VA refinance options, including the VA Interest Rate Reduction Refinance Loan.

Self-Employed & Alternative Income Loans

Traditional W-2 income and tax returns do not always reflect the full financial picture of a business owner, independent contractor, or self-employed borrower. Explore alternative-documentation mortgage options designed for different income situations.

Bank Statement Loans

Use eligible personal or business bank deposits to help determine qualifying income.

1099 Loans

Certain programs may use eligible 1099 earnings for income qualification.

Profit & Loss (P&L) Loans

Qualifying income may be evaluated using an eligible business Profit & Loss statement.

Asset Utilization Loans

Certain eligible financial assets may be used to help determine qualifying income.

Non-QM Jumbo Loans

Alternative-documentation options may be available for higher loan amounts.

No-Tax-Return Options

Certain programs may allow eligible borrowers to qualify without using traditional personal tax returns for income documentation.

No Income Home Loans — Primary Residence

Your Income Doesn’t Have to Tell the Whole Story

No Income Home Loan programs offer qualified borrowers an alternative way to purchase or refinance a primary residence without traditional income or employment verification. Certain options may also be available for second homes.

Instead of traditional income qualification, eligibility may be based on factors such as credit, assets, reserves, equity, property, occupancy, and the overall loan scenario.

No income verification does not mean no qualification. Credit, asset, reserve, property, loan-to-value, and other underwriting requirements may still apply.

Real Estate Investor Loans

Real estate investors may have access to mortgage programs that focus more heavily on the property and investment strategy rather than traditional personal-income documentation.

DSCR Loans

Qualify primarily using the rental income of an eligible investment property.

DSCR Cash-Out Refinance

Access equity from an eligible rental property.

Short-Term Rental Loans

Certain programs may finance eligible Airbnb, VRBO, vacation, and short-term rental properties.

LLC DSCR Loans

Eligible DSCR programs may permit ownership through an LLC or other approved business entity.

Low-DSCR & No-Ratio Programs

Alternative investor options may be available when a property does not meet traditional DSCR thresholds.

Interest-Only DSCR

Certain programs may offer an eligible interest-only payment structure.

Multifamily Options

Financing may be available for 2–4 units and certain larger multifamily properties.

Investor Financing Options

Different properties and strategies may fit different programs. Tell us about your scenario.

VA Home Loans

Eligible Veterans, active-duty service members, and certain surviving spouses may have access to VA purchase and refinance benefits.

Reverse Mortgage

For eligible older homeowners, a reverse mortgage may provide access to home equity while allowing the borrower to remain in the home, subject to program requirements.

ITIN Loans

Mortgage options may be available for eligible borrowers using an Individual Taxpayer Identification Number rather than a Social Security number.

Foreign National Loans

Certain programs may help eligible non-U.S. citizens purchase or finance U.S. real estate using alternative documentation.

Find the Mortgage Option That Fits Your Goals

No two borrowers have exactly the same needs. Prime Choice Funding offers a wide range of mortgage programs for homebuyers, homeowners, self-employed borrowers, Veterans, real estate investors, and borrowers with alternative income or documentation needs.

Tell us what you’re looking to accomplish, and our team can help you explore available options.

Prefer to talk with us? Call (877) 787-7463

Prime Choice Funding, Inc. | NMLS #117375

Loan programs, documentation requirements, credit requirements, rates, terms, LTV limits, property eligibility, and availability vary by lender and borrower qualifications. Not all programs are available in all states or for all property types. This information is for general informational purposes only and is not a commitment to lend.

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