Start with the goal—not the loan acronym.

Flexible paths for primary homes, second homes, and eligible investment properties.

A government-insured option that may support lower down payments and broader credit profiles, subject to FHA and lender requirements.

For eligible service members, veterans, and qualifying surviving spouses, subject to entitlement, occupancy, property, and underwriting rules.

For eligible primary-home buyers and properties in qualifying areas, subject to income and program limits.

For larger balances or scenarios that do not fit standard agency limits and guidelines.

Compare low-down-payment programs, eligible assistance, payment, cash needed, and long-term tradeoffs.

Plan around occupancy, rental-income treatment, reserves, appraisal, and program-specific requirements.

Explore financing that may combine eligible acquisition, construction, or improvement costs.

Review the rate, payment, term, and closing-cost tradeoff without treating the headline rate as the whole decision.

Replace the current mortgage and access eligible equity while measuring the new balance, payment, costs, and risk.

Compare payment relief against total interest and the time required to repay the loan.

See whether current equity and program rules support a different structure.

Coordinate financing feasibility, title, deadlines, and documentation with the client’s attorney and settlement professionals.

Evaluate leverage, cash flow, reserves, DSCR, conventional, and portfolio alternatives around the property.

A revolving line secured by the home. HELOCs commonly have adjustable rates and payments that can change with the balance and rate.

A closed-end second mortgage that typically provides one lump sum and often uses a fixed rate.

A new first mortgage that pays off the existing loan and provides eligible cash from the new balance.

Model the payment, closing costs, rate risk, access to future draws, and effect on the existing first mortgage.

Agency financing for eligible one-to-four-unit investment properties, subject to income, reserves, property, and underwriting.

A business-purpose investment path that may focus more heavily on eligible property cash flow, while still reviewing credit, leverage, reserves, rent support, and property.

A potential documentation path for eligible self-employed borrowers when qualifying income does not fit standard tax-return analysis.

A possible alternative when eligible assets are central to the ability-to-repay analysis.

For larger balances, complex assets, or scenarios that fall outside standard agency guidelines.

Review property eligibility, occupancy, rent, reserves, valuation, and lender-specific structure before assuming a program fits.

The most common reverse mortgage is generally for homeowners age 62 or older who meet occupancy, equity, financial-assessment, property, and counseling requirements.

Eligible borrowers age 62 or older may use HECM proceeds toward a new principal residence and bring the required cash difference and closing costs.

A non-government-insured reverse option that may serve certain higher-value homes or other eligible scenarios, subject to lender availability.

Review a HELOC, home equity loan, cash-out refinance, sale, downsizing, or other strategy with the appropriate financial, legal, tax, and housing professionals.