Loan Programs
There is rarely one mortgage that fits everyone. The programs below are the main options Connor can help you explore through First Choice Mortgage, so you can see which one may be worth a closer look before you commit to anything.
01 · Home Purchase
The four directions below cover most purchase scenarios Connor works through with borrowers across Georgia and South Carolina.
01
A flexible option for many homebuyers, including both first-time and move-up buyers, with a range of down-payment and mortgage-insurance structures depending on the loan scenario.
If you have a steady credit history, this is often a natural starting point when weighing different down-payment approaches.
02
FHA financing may provide another path to homeownership for eligible borrowers, including some first-time buyers, subject to FHA and lender guidelines. FHA loans aren't limited to first-time buyers.
Worth a conversation when a lower down payment or more flexible credit criteria matter to your situation.
Connor is not part of FHA or the federal government.
03
VA financing is for eligible veterans, active-duty service members, certain Guard and Reserve members, and other qualifying borrowers. First Choice Mortgage offers a range of VA-related options: VA Purchase, the VA IRRRL (Streamline), VA Cash-Out, VA Jumbo, and VA construction and one-time-close scenarios where available.
If you have qualifying military service, VA financing is one of the first options worth discussing with Connor.
04
USDA financing may be an option for eligible borrowers purchasing qualifying properties in eligible rural areas, which can be especially relevant across parts of Georgia and South Carolina.
If you're buying outside a metro area, Connor can check whether the property sits in an eligible rural zone.
Connor is not affiliated with USDA or the federal government.
02 · Specialized Financing
These programs serve borrowers whose financing needs fall outside a typical purchase loan: higher loan amounts, non-traditional income, or investment property goals.
05
Jumbo financing covers higher loan amounts that exceed standard conforming limits and may be used for higher-value residential purchases. Depending on the borrower and scenario, options may include conventional, VA, or specialized jumbo programs.
Financing a higher-value home? This is the category to start with.
06
Self-employed borrowers and people with non-traditional income may have financing options beyond standard W-2 documentation. Depending on the program and borrower, First Choice Mortgage may offer options using bank statements, 1099 income, profit-and-loss statements, assets, and other alternative documentation. Documentation and underwriting requirements still apply.
If you're self-employed, a contractor, or have income that doesn't fit conventional documentation, these programs exist for situations like yours.
07
DSCR financing may be available for real-estate investors, where a property's rental income and cash-flow characteristics can play an important role in qualification rather than relying solely on personal income.
If you're building a rental portfolio, qualification can center on the property's cash flow rather than personal income alone.
03 · Refinance
Refinancing can change the structure of an existing mortgage, but whether it makes sense depends on the numbers, costs, current market conditions, and your goals. Connor can help you understand which options may be worth reviewing.
08
Homeowners may explore refinancing to change the structure of an existing mortgage, such as the rate, the term, or both, subject to current rates, costs, your eligibility, and your financial goals. A refinance doesn't automatically save money; the numbers have to work for your situation.
09
Qualified homeowners may be able to access a portion of their home equity through refinancing, depending on available equity and the program's requirements. It isn't appropriate for every borrower or every goal.
10
Eligible borrowers may explore a VA IRRRL (Streamline) or a VA Cash-Out refinance, subject to VA and program guidelines. VA financing is also covered above for purchases.
If you currently have a VA loan, the IRRRL and Cash-Out are the two refinance paths to ask about.
Not Sure Which Fits
You don't need to know the mortgage terminology before reaching out. Tell Connor what you're trying to accomplish (buying, refinancing, investing) and he can help you identify which options may be worth exploring.
Program Note
Loan programs, guidelines, eligibility requirements, terms, and availability are subject to change and may vary by borrower and property. All loans are subject to applicable underwriting, credit, income, asset, property, and program requirements. Nothing on this page is a commitment to lend or a guarantee of approval.