Loan Types

HB&O Funding offers many flexible options to help you finance the home you want. Your mortgage consultant will help you find the very best solution for you. Some questions to think about are: How much cash do you have available for the down payment and closing costs? How long do you plan to stay in this home? And, do you think interest rates will rise or fall? All mortgage solutions offer different features and we are here to help you find the best product available to you!

Please select one of the loan options to the left to learn more about the many options available for each loan type.

Conventional Mortgages

These are your vanilla, black and white, mortgages and what everyone strives to achieve due to the offerings normally being the most aggressive.  Conventional mortgages are mortgages which meet Fannie Mae and Freddie Mac guidelines.  They are not guaranteed nor insured by the government and solely rest on the qualifications of the applicant(s).  These mortgages include amounts up to the mid $400,000 range. 

Non-Conventional Mortgages

These mortgages assist those who don’t fit within conventional guidelines.  Lenders understand that many applicants for various reasons cannot meet conventional guidelines, but are still qualified applicant(s) for mortgages.  As a result, they make adjustments that allow people to obtain the financing which they are seeking.

We at HB&O Funding Company view this type of financing as band aids, until we can convert our clients into more aggressive long term programs.