Residential loan programs

Residential mortgage loan programs, explained before they're offered.

Cornerstone First Mortgage offers a wide shelf of programs. Daniel's job is to help you understand them, then match the right one to your real situation. Start with any home loan program below, or contact Daniel's team to walk through it.

Start Your Application

Your secure application is with Cornerstone First Mortgage, LLC (NMLS #173855). Starting an application is not a loan approval or a commitment to lend.

Home purchase loans

Purchase · Refinance

Fixed-Rate Mortgage

A fixed-rate mortgage keeps the same interest rate for the life of the loan, so the principal and interest part of your payment never changes.

How it works

Purchase · Refinance

Adjustable-Rate Mortgage (ARM)

An adjustable-rate mortgage starts with a rate that's fixed for an initial period, then adjusts on a set schedule based on a market index.

How it works

Purchase · Refinance

FHA Loans

FHA loans are insured by the Federal Housing Administration and offer flexible guidelines that can fit buyers who are still building savings or credit.

How it works

Purchase · Refinance

VA Loans

VA loans are made by private lenders and guaranteed by the U.S. Department of Veterans Affairs. Benefits may be available to eligible service members, veterans and surviving spouses.

How it works

Purchase

USDA Loans

USDA loans help eligible buyers purchase a primary residence in USDA-designated areas, which include many rural and suburban communities.

How it works

Purchase · Refinance

Jumbo Loans

Jumbo loans finance amounts above the conforming loan limits set for Fannie Mae and Freddie Mac, for higher-priced homes and high-cost areas.

How it works

Purchase · Refinance

Renovation & Rehab Loans

A renovation loan finances the purchase of a home and the cost of improving it in a single loan, with renovation funds released as the work is completed.

How it works

Purchase

Down Payment Assistance (DPA)

Down payment assistance programs help eligible buyers cover part of the down payment or closing costs, through a grant, a second loan, or a combination.

How it works

Self-employed and investor mortgage loans

Self-employed · Investors

Non-QM Loans

Non-QM (non-qualified mortgage) loans use alternative ways to document income and assets, for borrowers whose finances don't fit standard agency guidelines.

How it works

Refinance options for homeowners

Homeowners

Refinance

A refinance replaces your current mortgage with a new one under different terms, for example to change your rate, your term, or your type of loan.

How it works

Homeowners

Cash-Out Refinance

A cash-out refinance replaces your current mortgage with a larger loan and gives you the difference in cash, using the equity you've built.

How it works

Eligibility depends on borrower, property, and program requirements. Interest rates, products, and loan terms are subject to change without notice. Looking for commercial or business-purpose financing? See commercial lending.

Ready when you are

Your mortgage starts here.

Ready to take the next step? Start your secure application. Not sure which program fits? Contact Daniel's team and he'll walk through your options in plain English.

Start Your Application

Your secure application is with Cornerstone First Mortgage, LLC (NMLS #173855). Starting an application is not a loan approval or a commitment to lend.