America's Choice Home Loans LP        8584 Katy Fwy. Suite 200, Houston, TX 77024           NMLS# 111842     Licensing and Legal

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LOAN PRODUCTS

FHA LOAN

An FHA insured loan is a Federal Housing Administration mortgage insurance backed mortgage loan which are provided by FHA-approved lenders.

VA LOAN

A VA loan is a mortgage loan in the United States guaranteed by the U.S. Department of Veterans Affairs (VA). The loan may be issued by qualified lenders.

REVERSE MORTGAGE

A reverse mortgage (or lifetime mortgage) is a loan available to seniors, and is used to release the home equity in the property as one lump sum or multiple payments. 

CONVENTIONAL MORTGAGE

A mortgage loan is a loan secured by real property through the use of a mortgage note which evidences the existence of the loan and the encumbrance of that realty through the granting of a mortgage which secures the loan.

JUMBO LOANS

In the United States, a jumbo mortgage is a mortgage loan in an amount above conventional conforming loan limits. The average interest rates on jumbo mortgages are typically higher than for conforming mortgages.