Loan Officer Home Survey
Loan Officer
A Loan Officer Home Survey is a brief questionnaire used by a loan officer to collect basic information about a borrower’s finances, home goals, and property details to help determine loan options and pre-qualification.
Mortgage Loans
See which loan program is best suited for you and your family.
CONVENTIONAL LOAN
A conventional loan is a type of mortgage that is not backed by the government (unlike FHA, VA, or USDA loans). It is offered by private lenders such as banks or credit unions and typically requires good credit, stable income, and a down payment (often 3–20%). Conventional loans usually have competitive interest rates and fewer restrictions for qualified borrowers.
FHA LOAN
An FHA loan is a government-backed mortgage insured by the Federal Housing Administration. It is designed to help first-time or low-credit buyers by offering lower down payments (as low as 3.5%) and more flexible credit requirements, but it requires mortgage insurance premiums (MIP).
HOME FUNDIT
HomeFundIt™ is a Freddie Mac–supported program that helps homebuyers raise down payment funds through online crowdfunding from family and friends, which can be used with Home Possible® and other eligible loans.
USDA LOAN
A USDA loan is a government-backed mortgage offered by the U.S. Department of Agriculture. It is designed for low- to moderate-income buyers in eligible rural or suburban areas, often requiring no down payment and offering low interest rates, but it has income and location requirements.
VA LOAN
A VA loan is a government-backed mortgage guaranteed by the U.S. Department of Veterans Affairs. It is available to eligible veterans, active-duty service members, and some surviving spouses, often requiring no down payment, no private mortgage insurance (PMI), and offering competitive interest rates.
REVERSE MORTGAGE
A reverse mortgage is a loan for homeowners age 62 or older that lets them convert home equity into cash without monthly mortgage payments, with the loan repaid when the home is sold, the borrower moves out, or passes away.
FANNIE MAE HOMEREADY
Fannie Mae HomeReady® is a conventional loan program designed for low- to moderate-income buyers. It allows down payments as low as 3%, flexible income sources, and reduced mortgage insurance costs, making homeownership more accessible.
FREDDIE MAC HOMEPOSSIBLE
Freddie Mac Home Possible® is a conventional loan program for low- to moderate-income buyers. It offers down payments as low as 3%, flexible funding sources, and reduced mortgage insurance, helping make homeownership more affordable.
Check out what our clients had to say!
He was knowledgeable, fast to respond, and genuinely cared about the thing he was telling us about. We couldn’t have done this better without him.
Gregory Connors was SO helpful in our whole home buying process and very thorough with everything! This was our first time buying a home and he was amazing.
Gregory Connors did an outstanding job in assisting me throughout the entire loan process! I recommend Gregory Connors to anyone who is either looking to finance a new home or is looking to refinance!
Office: 324 South Service Rd Suite 100, Melville New York - 11747
Call: (631) 817-4076
Email: [email protected]
