Loan options

Which type of loan makes sense for you?

The best place to start is your budget, the home you want to buy and your plans for it. Here are the main loan types and a few things we’ll compare.

Talk with Eric Explore the differences

Eric Hyatt · Mortgage Loan Originator
NMLS #2026244 · F5 Mortgage LLC · NMLS #1938115
(303) 349-6677

Use these educational overviews to understand the questions worth asking. Your available options depend on your goals, documentation, property and current lender requirements. A personalized review is needed before recommending a program or quoting terms.

Compare structure & total cost

Conventional

Conventional loans are not federally insured or guaranteed. Ask how the down payment, credit profile, mortgage insurance, loan size and property affect the comparison.

Understand insurance & eligibility

FHA

FHA-insured financing has its own borrower and property requirements. Compare upfront and ongoing mortgage insurance with the full costs of other suitable options.

Start with benefit eligibility

VA

Eligible service members, veterans and surviving spouses may explore VA-backed financing. A Certificate of Eligibility does not replace lender review. Ask about entitlement, occupancy and any funding fee.

Look at the complete file

Jumbo

Financing above the applicable conforming limit can involve different credit, reserves, income and property requirements. Limits and lender requirements must be checked for the property and current year.

Match documentation to the income

Self-employed & nontraditional

Self-employment, variable income and rental property can call for different documentation. I’ll help you understand how your income would be reviewed and which available options may fit.

Verify the program & lender

Assistance programs

Assistance may have income limits, education requirements, repayment obligations or a second lien. Check the program’s participating-lender requirements and compare the complete financing costs.

Program requirements can change. I’ll confirm availability, eligibility and current terms for your situation before recommending a loan.

Ask for a fair comparison

Compare more
than the rate.

Ask for comparisons using the same purchase price, occupancy, loan amount, lock period and timeframe where possible. If those assumptions differ, ask why.

Rate, APR, points and lender credits
Monthly principal and interest plus mortgage insurance
Upfront premiums, fees and cash to close
Reserve and property requirements
Remaining balance and total cost over the time you expect to keep the loan

Review the CFPB Loan Estimate explainer ↗

Explore official VA benefit guidance ↗

Explore CHFA education & participating lenders ↗

Start with a conversation

Let’s talk about which options fit.

Tell me a little about your plans. I’ll follow up to answer your questions and help you work out the next step.

Call Eric · (303) 349-6677 Or email Eric at F5 Mortgage

Use email for general questions. Please do not email Social Security numbers, financial documents or other sensitive information. Ask Eric for the appropriate secure F5 workflow.

Mortgage company & licensing

Eric Hyatt, Mortgage Loan Originator · NMLS #2026244
F5 Mortgage LLC · NMLS #1938115 · Business phone: (303) 349-6677

Mortgage services through F5 Mortgage LLC. Real estate services brokered through HomeSmart, Colorado real estate license FA.100066211. Work with Eric for real estate, financing, or both. Your choice of lender and real estate broker is always yours.

Regulated by the Colorado Department of Regulatory Agencies. Equal Housing Opportunity. Information and calculator results are educational, are subject to change, and are not a rate quote, rate lock, approval or commitment to lend. Availability depends on current lender and program requirements, borrower eligibility, property and underwriting review.

NMLS Consumer Access F5 privacy policy Website terms & disclosures