LOan
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Not sure which type of mortgage loan is right for your situation? You're in the right place.
Glory Mortgage offers a full range of mortgage loan programs — from government-backed options like FHA, VA, and USDA loans, to Conventional, Jumbo, Reverse Mortgages, and specialty Non-QM products for self-employed borrowers, investors, and foreign nationals.
As a licensed mortgage broker in 13 states, we don't limit you to one lender's options. We shop dozens of programs on your behalf using a single credit report — so you compare mortgage loan options side by side and choose the one that fits your life.
A conventional loan is the most widely used mortgage program in the U.S. — ideal for buyers with good credit, stable income, and some down payment saved. Unlike FHA or VA loans, conventional loans are not backed by a government agency, which gives them more flexibility on property types and loan structures.
Conventional Loan Highlights:
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Credit scores of 620 or higher
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Down payments as low as 3% for qualifying borrowers
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Fixed and adjustable rates available
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Loan terms of 10, 15, 20, and 30 years
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2026 loan limit: up to $832,750 (up to $1,249,125 in high-cost areas)
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Available for primary, secondary, and investment properties
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Available for purchase and refinance transactions
Best for: Buyers with solid credit who want flexibility in loan terms, property types, and down payment amounts.
An FHA loan is insured by the Federal Housing Administration (FHA), a division of the U.S. Department of Housing and Urban Development (HUD). FHA loans are among the most popular mortgage programs for first-time buyers because they accept lower credit scores and higher debt-to-income ratios than conventional loans.
FHA Loan Highlights:
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Down payment as low as 3.5% (can be gifted from a family member)
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Credit scores as low as 580 qualify
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Seller can contribute up to 6% toward buyer's closing costs
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FHA Down Payment Assistance available — 100% financing options for qualifying borrowers
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Requires Mortgage Insurance Premium (MIP) for the life of the loan
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Available for purchase and refinance transactions
Best for: First-time homebuyers, buyers with lower credit scores, and those who need down payment flexibility.
A VA loan is a mortgage benefit earned through military service, guaranteed by the U.S. Department of Veterans Affairs. VA loans consistently offer some of the most competitive rates and terms available — with no down payment required and no monthly mortgage insurance.
VA Loan Highlights:
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For Veterans, Active Duty Military, and members of the Reserves
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100% financing — no down payment required
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No monthly Private Mortgage Insurance (PMI)
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Borrowers can include up to an additional $100,000 for home repairs
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Closing costs can be gifted by immediate family
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Available for purchase and refinance transactions
Best for: Veterans and active-duty military members who want to maximize their buying power with no money down.
A USDA loan is a zero-down mortgage program offered through the U.S. Department of Agriculture for buyers purchasing in eligible rural and suburban areas. USDA loans are an excellent choice for first-time buyers who want to avoid a large down payment.
USDA Loan Highlights:
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100% financing — no down payment required
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Primary residences only
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New manufactured homes are eligible
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USDA home improvement loan option: up to 10% of purchase price for repairs
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30-year fixed rate only
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Property must be in a USDA Rural Development-eligible area
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Income limits apply based on household size and location
Best for: Buyers purchasing in qualifying rural or suburban areas who want 100% financing with competitive rates.
A jumbo loan is a mortgage that exceeds the conventional conforming loan limit of $832,750 in 2026. If you're purchasing a high-value or luxury home, a jumbo loan gives you the financing power to do so without splitting the purchase across multiple mortgages.
Jumbo Loan Highlights:
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Financing above the $832,750 conforming loan limit
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Loan amounts up to $4.5 million available
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Fixed and adjustable rate options
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Purchase options available with as little as 10% down — with no PMI
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One loan instead of multiple mortgages (piggyback loans)
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Available for primary, secondary, and investment properties
Best for: Buyers of high-value or luxury properties who need financing above standard loan limits.
A reverse mortgage allows homeowners age 62 and older to convert a portion of their home's equity into cash — without making monthly mortgage payments. These loans are insured by the Federal Housing Administration and can provide meaningful financial flexibility in retirement.
Reverse Mortgage Highlights:
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For homeowners age 62 and older
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Primary residence only
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No monthly mortgage payments required
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Receive funds as a lump sum, monthly payments, or a line of credit
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Loan balance is repaid when the home is sold or the borrower no longer lives there
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FHA-insured (HECM — Home Equity Conversion Mortgage)
Best for: Seniors who want to access home equity to supplement retirement income, cover healthcare costs, or pay off an existing mortgage.