What types of mortgage loans does Planet Home Lending offer?

Planet Home Lending offers a variety of mortgage loan products that cater to different needs and circumstances of borrowers. Among the most common types of loans are conventional loans, which are not insured or guaranteed by the federal government and usually require a higher credit score. There are also government-backed loans such as FHA loans, which are designed to help first-time homebuyers and those with lower credit scores by allowing lower down payments. VA loans are another option available for eligible veterans and active-duty service members, offering loans with favorable terms and often no down payment requirements. Additionally, Planet Home Lending provides refinancing options, enabling homeowners to refinance their existing mortgages to potentially lower their interest rates or tap into their home equity. Jumbo loans are also available for borrowers seeking to finance properties that exceed the conforming loan limits. Borrowers can find more detailed information about these various loan products and their specific requirements on the current web page of Planet Home Lending.